Fidelity China Region Fund
FHKIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- May 8, 2008
- CIK
- 0000744822
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor China Region Fund (FHKIX) is an open-end mutual fund that seeks long-term growth of capital primarily through investments in securities of Hong Kong, Taiwanese, and Chinese issuers, as well as other investments tied economically to the China region; it normally invests at least 80% of assets in common stocks, with allocations across China, Taiwan, and Hong Kong markets, and up to 35% in any single industry exceeding 20% of regional market capitalization. The fund emphasizes fundamental analysis of issuers' financial condition, industry position, market conditions, and economic factors, focusing on growth companies with strong balance sheets and reasonable valuations relative to growth potential; top holdings typically include large-cap names such as Taiwan Semiconductor Manufacturing Co Ltd (approximately 22.7%), Tencent Holdings Ltd (13.4%), Alibaba Group Holding Ltd (5.8%), PDD Holdings Inc (4.1%), and China Construction Bank Corp (3.2%), representing about 49% of the portfolio, with sector weights led by information technology (31.9%), consumer discretionary (23.2%), and communication services (17.0%). Managed by Fidelity Investments from headquarters in Boston, Massachusetts, the fund was launched on May 9, 2008 (Class I shares), with the underlying portfolio originating November 1, 1995; it targets institutional investors with a $100,000 minimum initial investment and maintains total net assets of approximately $1.6 billion, a net expense ratio of 0.90%, and a portfolio turnover rate of 30%. Recent developments include portfolio adjustments amid market volatility and tariff uncertainties as of April 30, 2025, with managers Ivan Xie (since April 3, 2018) and Peifang Sun (since February 1, 2021) opportunistically increasing concentration in high-conviction holdings such as Anji Microelectronics, ASE Technology Holding, and Topco Scientific; for the semiannual period ending April 30, 2025, Class I shares returned -2.81%, underperforming the MSCI Golden Dragon Index's 0.24% gain, though stock picks in communication services (particularly media & entertainment) and industrials contributed positively, alongside strong performers like Tencent Holdings (+18%) and Sea (+43%). The fund operates within the China Region category, domiciled in the United States with daily pricing in USD, and leverages Fidelity's global research platform without reported acquisitions, mergers, or major strategic shifts in the past 1-2 years.