Semi-Annual Report and Accounts - chartbook.fid-intl.com

Fidelity
Funds
Institutional Hong Kong Opportunities Fund 1
Schedule of Investments as at 31 October 2012
Country Ccy Shares or Market % Net
Code Nominal Value Assets
HKD
Securities Admitted to or Dealt on an Official Stock Exchange
Energy
CNOOC CN HKD 1,350,000 21,634,384 2.87
China Shenhua Energy (H) CN HKD 358,000 11,722,436 1.56
PetroChina (H) CN HKD 1,066,000 11,196,519 1.49
China Coal Energy (H) CN HKD 454,000 3,479,617 0.46
China Petroleum & Chemical (H) CN HKD 248,000 2,018,151 0.27
50,051,107 6.65
Utilities
ENN Energy Holdings CN HKD 446,000 14,344,199 1.91
China Resources Gas Group HK HKD 800,000 13,698,112 1.82
Power Assets Holdings HK HKD 173,000 11,384,908 1.51
Cheung Kong Infrastructure Holdings HK HKD 194,000 8,799,250 1.17
CLP Holdings HK HKD 80,500 5,313,500 0.71
Beijing Enterprises Water Group HK HKD 2,554,000 4,516,292 0.60
Towngas China HK HKD 629,000 3,825,133 0.51
61,881,394 8.22
Materials
China National Building Material (H) CN HKD 1,152,000 11,248,938 1.49
China Shanshui Cement Group CN HKD 998,000 5,698,114 0.76
16,947,052 2.25
Industrials
Jardine Matheson Holdings HK USD 26,400 12,551,771 1.67
China State Construction International Holdings HK HKD 1,284,000 11,756,624 1.56
Jardine Strategic Holdings HK USD 29,500 8,287,654 1.10
Hopewell Holdings HK HKD 263,000 7,318,185 0.97
Orient Overseas International HK HKD 134,500 6,539,064 0.87
51job ADR CN USD 16,900 6,124,446 0.81
Hutchison Whampoa HK HKD 80,000 6,054,925 0.80
Hutchison Port Holdings Trust SG USD 909,000 5,475,018 0.73
China COSCO Holdings (H) CN HKD 1,347,000 5,161,943 0.69
Singamas Container Holdings HK HKD 2,640,000 5,125,268 0.68
Air China (H) CN HKD 900,000 4,927,085 0.65
Shanghai Electric Group (H) CN HKD 1,564,000 4,883,415 0.65
China Shipping Container Lines (H) CN HKD 2,256,000 4,614,955 0.61
Beijing Capital International Airport (H) CN HKD 862,000 4,274,948 0.57
China National Materials (H) CN HKD 1,675,000 4,025,548 0.53
China Southern Airlines (H) CN HKD 1,072,000 3,907,456 0.52
Hopewell Highway Infrastructure HK HKD 921,000 3,790,217 0.50
China Everbright International HK HKD 926,000 3,677,636 0.49
Harbin Electric CN HKD 524,000 3,332,746 0.44
Hopewell Highway Infrastructure (CNY) HK CNY 199,500 816,024 0.11
112,644,928 14.97
Information Technology
Tencent Holdings CN HKD 119,200 32,509,607 4.32
Baidu ADR CN USD 15,900 13,308,420 1.77
Lenovo Group CN HKD 2,004,000 12,404,222 1.65
Sina CN USD 25,200 10,741,597 1.43
Kingboard Chemical Holdings HK HKD 255,000 5,830,794 0.77
Kingsoft CN HKD 718,000 3,209,223 0.43
78,003,863 10.36
Consumer Discretionary
Great Wall Motor (H) CN HKD 497,000 10,537,095 1.40
AviChina Industry & Technology (H) CN HKD 1,568,000 4,955,769 0.66
Shenzhou International Group Holdings CN HKD 269,000 4,049,453 0.54
19,542,317 2.60
Consumer Staples
Hengan International Group CN HKD 174,000 12,214,052 1.62
Uni-President China Holdings CN HKD 979,000 9,521,716 1.27
Vinda International Holdings HK HKD 439,000 4,723,521 0.63
26,459,289 3.52
Telecommunication Services
HKT Trust HK HKD 2,571,000 18,399,917 2.44
China Mobile HK HKD 163,000 13,944,996 1.85
China Unicom Hong Kong HK HKD 990,000 12,475,380 1.66
China Telecom (H) CN HKD 2,528,000 11,607,937 1.54
56,428,230 7.50
Financials
AIA Group HK HKD 1,483,200 45,323,453 6.02
Bank of China (H) CN HKD 12,790,600 40,498,202 5.38
China Construction Bank (H) CN HKD 5,440,930 31,505,026 4.19
470
Country Ccy Shares or Market % Net
Code Nominal Value Assets
HKD
BOC Hong Kong Holdings HK HKD 929,000 22,054,082 2.93
Industrial & Commercial Bank of China (H) CN HKD 4,293,010 21,826,706 2.90
Cheung Kong Holdings HK HKD 179,000 20,374,480 2.71
Kerry Properties HK HKD 352,000 13,470,639 1.79
Hongkong Land Holdings HK USD 274,000 13,401,032 1.78
China Overseas Land & Investment HK HKD 644,000 12,953,470 1.72
China Overseas Grand Oceans Group HK HKD 1,455,000 11,705,271 1.56
Henderson Land Development HK HKD 181,820 9,698,854 1.29
China Life Insurance (H) CN HKD 414,000 9,411,883 1.25
New World Development HK HKD 751,087 8,925,777 1.19
Agile Property Holdings CN HKD 902,000 7,861,164 1.04
Longfor Properties CN HKD 572,000 7,763,952 1.03
Shimao Property Holdings HK HKD 496,000 7,267,429 0.97
Greentown China Holdings CN HKD 648,500 6,140,430 0.82
Swire Properties HK HKD 223,600 5,342,452 0.71
Wharf Holdings HK HKD 96,000 5,056,840 0.67
China Resources Land HK HKD 264,000 4,627,627 0.61
Country Garden Holdings CN HKD 1,054,276 3,250,599 0.43
Wing Hang Bank HK HKD 28,228 2,311,659 0.31
Agricultural Bank of China (H) CN HKD 679,000 2,259,353 0.30
313,030,380 41.59
Equity Linked Notes
UBS (Kweichow Moutai (A)) ELN 09/07/2015 CN USD 14,740 4,527,995 0.60
BNP (Wuliangye Yibin (A)) ELN 20/08/2013 NL USD 83,688 3,492,340 0.46
BNP (Kweichow Moutai (A)) ELN 20/08/2013 CN USD 8,100 2,488,247 0.33
10,508,582 1.40
Fractions 1 0.00
Total Investments (Cost HKD 664,566,833) 745,497,143 99.06
Other Assets and Liabilities 7,089,195 0.94
Net Assets 752,586,338 100.00
GEOGRAPHICAL SPLIT
Country Country Code % Net Assets
China CN 51.18
Hong Kong HK 46.68
Singapore SG 0.73
Netherlands NL 0.46
Cash and other net assets 0.94
A full list of footnotes is given on page 6.
The accompanying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments and in the geographical split is subject to rounding.