China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou purchased 5,370 shares of the stock in a transaction on Monday, January 22nd. The shares were bought at an average cost of $23.65 per share, for a total transaction of $127,000.50. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Thursday, January 18th, City Of London Investment Grou purchased 1,091 shares of China Fund stock. The shares were bought at an average cost of $23.30 per share, for a total transaction of $25,420.30.
  • On Tuesday, January 16th, City Of London Investment Grou purchased 13,008 shares of China Fund stock. The shares were bought at an average cost of $23.06 per share, for a total transaction of $299,964.48.
  • On Friday, January 12th, City Of London Investment Grou purchased 4,225 shares of China Fund stock. The shares were bought at an average cost of $22.85 per share, for a total transaction of $96,541.25.
  • On Tuesday, January 9th, City Of London Investment Grou purchased 1,900 shares of China Fund stock. The shares were bought at an average cost of $22.46 per share, for a total transaction of $42,674.00.
  • On Friday, December 29th, City Of London Investment Grou bought 12,733 shares of China Fund stock. The shares were acquired at an average cost of $21.53 per share, for a total transaction of $274,141.49.
  • On Wednesday, December 27th, City Of London Investment Grou bought 8,512 shares of China Fund stock. The shares were acquired at an average cost of $21.12 per share, for a total transaction of $179,773.44.
  • On Thursday, December 21st, City Of London Investment Grou bought 6,622 shares of China Fund stock. The shares were acquired at an average cost of $21.01 per share, for a total transaction of $139,128.22.
  • On Monday, December 18th, City Of London Investment Grou bought 12,794 shares of China Fund stock. The shares were acquired at an average cost of $20.86 per share, for a total transaction of $266,882.84.
  • On Monday, December 11th, City Of London Investment Grou bought 2,152 shares of China Fund stock. The shares were acquired at an average cost of $21.46 per share, for a total transaction of $46,181.92.
  • On Friday, December 8th, City Of London Investment Grou bought 1,000 shares of China Fund stock. The shares were acquired at an average cost of $21.18 per share, for a total transaction of $21,180.00.

China Fund Inc (NYSE CHN) opened at $24.30 on Thursday. The firm has a market capitalization of $382.06, a P/E ratio of 4.86 and a beta of 0.95. China Fund Inc has a 1-year low of $15.37 and a 1-year high of $24.43.

The firm also recently announced an annual dividend, which was paid on Thursday, January 4th. Investors of record on Tuesday, December 19th were issued a dividend of $0.549 per share. This represents a dividend yield of 2.56%. The ex-dividend date was Monday, December 18th.

Several hedge funds have recently bought and sold shares of the stock. City of London Investment Management Co. Ltd. increased its holdings in shares of China Fund by 0.3% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 3,919,903 shares of the investment management company’s stock worth $80,044,000 after acquiring an additional 10,000 shares during the last quarter. Wells Fargo & Company MN increased its holdings 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 acquiring an additional 43,169 shares during the last quarter. Karpus Management Inc. increased its holdings 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 acquiring an additional 21,421 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of China Fund by 281.6% during the 2nd 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.

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About China Fund

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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