Hardman & Co Research on Fidelity China Special Situations plc:

Questions to ask the board at the 20 July AGM

In this note, we explore what investors could ask the FCSS board at the forthcoming AGM, and we provide the answers we would give if asked those questions ourselves. We note three key themes: i) COVID-19; ii) regulation; and iii) geopolitical tension. All were explored in detail in our initiation. While China managed the initial stages of COVID-19 well, its recent lockdowns have raised concerns about growth. Understanding why regulations were introduced means investors can identify companies at risk and when the restrictions will end. Geopolitical tension, while hard to assess, is at above normal levels, but this is not a new risk. Market-wide pricing moves create opportunities.

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https://hardmanandco.com/research/corporate-research/questions-to-ask-the-board-at-the-20-july-agm/

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About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.