- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Mar 29, 1996
- Business
- Fidelity China Region Fund (FHKCX) is an open-end mutual fund managed by Fidelity Investments that seeks long-term growth of capital primarily through investments in securities of issuers in Hong Kong, Taiwan, and China, as well as other investments tied economically to the China region. The fund normally invests at least 80% of assets in common stocks of companies in these markets, allocating across different China region countries and utilizing fundamental analysis of issuers' financial condition, industry position, market conditions, and economic factors to select investments; it may invest up to 35% of total assets in any single industry that exceeds 20% of the relevant regional market capitalization. Key holdings as of June 30, 2025, include Taiwan Semiconductor Manufacturing Company Limited (24.92%), Tencent Holdings Limited (12.48%), Alibaba Group Holding Limited (5.53%), PDD Holdings Inc. (3.74%), and China Construction Bank Corporation (3.72%), with total portfolio diversification across 78 holdings.
Established on November 1, 1995, the fund is headquartered in Boston, Massachusetts, as part of Fidelity Investments' lineup of international equity funds targeting the China region, including exposure to large-cap blend strategies across technology, financials, consumer discretionary, and materials sectors. It serves investors seeking growth from Greater China markets, with geographic operations focused on Hong Kong, Taiwan, mainland China, and economically linked entities; the fund maintains an expense ratio of 0.91% and has delivered a 1-year return of 24.87% and a 10-year annualized return of 7.47% as of mid-2025.
In recent developments, the fund reported semiannual returns of -2.80% for the period ending April 30, 2025, trailing its MSCI benchmark amid regional market volatility. No major acquisitions, partnerships, funding rounds, name changes, or strategic reorganizations have been announced in the last 1-2 years; portfolio adjustments reflect ongoing active management, with top holdings emphasizing semiconductors and internet services amid China's economic recovery and technology sector strength in 2024-2025. Fidelity Investments continues to position the fund within its diverse mutual fund offerings without noted structural shifts.