China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou bought 2,152 shares of the company’s stock in a transaction on Monday, December 11th. The stock was bought at an average cost of $21.46 per share, with a total value of $46,181.92. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Friday, December 8th, City Of London Investment Grou bought 1,000 shares of China Fund stock. The stock was bought at an average cost of $21.18 per share, with a total value of $21,180.00.
  • On Wednesday, December 6th, City Of London Investment Grou bought 7,740 shares of China Fund stock. The stock was bought at an average cost of $20.75 per share, with a total value of $160,605.00.
  • On Monday, December 4th, City Of London Investment Grou bought 3,534 shares of China Fund stock. The stock was bought at an average cost of $21.41 per share, with a total value of $75,662.94.
  • On Friday, December 1st, City Of London Investment Grou bought 7,000 shares of China Fund stock. The stock was bought at an average cost of $21.38 per share, with a total value of $149,660.00.
  • On Wednesday, November 29th, City Of London Investment Grou bought 5,400 shares of China Fund stock. The stock was bought at an average cost of $21.65 per share, with a total value of $116,910.00.
  • On Friday, November 24th, City Of London Investment Grou bought 40,089 shares of China Fund stock. The stock was bought at an average cost of $22.08 per share, with a total value of $885,165.12.
  • On Tuesday, November 21st, City Of London Investment Grou bought 4,667 shares of China Fund stock. The stock was bought at an average cost of $22.04 per share, with a total value of $102,860.68.
  • On Friday, November 17th, City Of London Investment Grou bought 4,855 shares of China Fund stock. The stock was bought at an average cost of $21.56 per share, with a total value of $104,673.80.
  • On Wednesday, November 15th, City Of London Investment Grou bought 7,860 shares of China Fund stock. The stock was bought at an average cost of $21.29 per share, with a total value of $167,339.40.
  • On Monday, November 13th, City Of London Investment Grou bought 5,600 shares of China Fund stock. The stock was bought at an average cost of $21.58 per share, with a total value of $120,848.00.

Shares of China Fund Inc (CHN) traded down $0.16 during midday trading on Tuesday, hitting $21.33. 12,741 shares of the company’s stock were exchanged, compared to its average volume of 26,089. China Fund Inc has a one year low of $14.44 and a one year high of $22.34.

The business also recently announced an annual dividend, which will be paid on Thursday, January 4th. Shareholders of record on Tuesday, December 19th will be paid a $0.549 dividend. This represents a dividend yield of 2.56%. The ex-dividend date of this dividend is Monday, December 18th.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its stake in shares of China Fund by 281.6% in the second quarter. Royal Bank of Canada now owns 9,300 shares of the investment management company’s stock worth $174,000 after acquiring an additional 6,863 shares during the last quarter. Gramercy Funds Management LLC grew its position in shares of China Fund by 37.4% during the 2nd quarter. Gramercy Funds Management LLC now owns 94,532 shares of the investment management company’s stock worth $1,766,000 after buying an additional 25,711 shares during the period. Karpus Management Inc. grew its position in shares of China Fund by 8.6% during the 3rd quarter. Karpus Management Inc. now owns 270,174 shares of the investment management company’s stock worth $5,498,000 after buying an additional 21,421 shares during the period. Wells Fargo & Company MN grew its position in shares of China Fund by 4.3% during the 3rd quarter. Wells Fargo & Company MN now owns 1,052,033 shares of the investment management company’s stock worth $21,409,000 after buying an additional 43,169 shares during the period. Finally, City of London Investment Management Co. Ltd. grew its position in shares of China Fund by 3.2% during the 2nd quarter. City of London Investment Management Co. Ltd. now owns 3,909,903 shares of the investment management company’s stock worth $73,076,000 after buying an additional 121,392 shares during the period.

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China Fund Company Profile

The China Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of companies for which the principal securities trading market is the People’s Republic of China (China); of companies for which the principal securities trading market is outside of China, or constituting direct equity investments in companies organized outside of China, that in both cases derive over 50% of their revenues from goods and services sold or produced, or have approximately 50% of their assets, in China, and constituting direct equity investments in companies organized in China.

Insider Buying and Selling by Quarter for China Fund (NYSE:CHN)

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