China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou purchased 1,000 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were purchased at an average price of $21.18 per share, for a total transaction of $21,180.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Wednesday, December 6th, City Of London Investment Grou purchased 7,740 shares of China Fund stock. The shares were purchased at an average price of $20.75 per share, for a total transaction of $160,605.00.
  • On Monday, December 4th, City Of London Investment Grou purchased 3,534 shares of China Fund stock. The shares were purchased at an average price of $21.41 per share, for a total transaction of $75,662.94.
  • On Friday, December 1st, City Of London Investment Grou purchased 7,000 shares of China Fund stock. The shares were purchased at an average price of $21.38 per share, for a total transaction of $149,660.00.
  • On Wednesday, November 29th, City Of London Investment Grou purchased 5,400 shares of China Fund stock. The shares were purchased at an average price of $21.65 per share, for a total transaction of $116,910.00.
  • On Friday, November 24th, City Of London Investment Grou purchased 40,089 shares of China Fund stock. The shares were purchased at an average price of $22.08 per share, for a total transaction of $885,165.12.
  • On Tuesday, November 21st, City Of London Investment Grou purchased 4,667 shares of China Fund stock. The shares were purchased at an average price of $22.04 per share, for a total transaction of $102,860.68.
  • On Friday, November 17th, City Of London Investment Grou purchased 4,855 shares of China Fund stock. The shares were purchased at an average price of $21.56 per share, for a total transaction of $104,673.80.
  • On Wednesday, November 15th, City Of London Investment Grou purchased 7,860 shares of China Fund stock. The shares were purchased at an average price of $21.29 per share, for a total transaction of $167,339.40.
  • On Monday, November 13th, City Of London Investment Grou purchased 5,600 shares of China Fund stock. The shares were purchased at an average price of $21.58 per share, for a total transaction of $120,848.00.
  • On Friday, November 10th, City Of London Investment Grou purchased 2,304 shares of China Fund stock. The shares were purchased at an average price of $21.46 per share, for a total transaction of $49,443.84.

China Fund Inc (NYSE:CHN) opened at $21.49 on Tuesday. China Fund Inc has a 12 month low of $14.44 and a 12 month high of $22.34.

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

A number of institutional investors and hedge funds have recently modified their holdings of CHN. City of London Investment Management Co. Ltd. increased its stake in China Fund by 3.2% during the second quarter. City of London Investment Management Co. Ltd. now owns 3,909,903 shares of the investment management company’s stock valued at $73,076,000 after acquiring an additional 121,392 shares during the period. Wells Fargo & Company MN increased its stake in China Fund by 4.3% during the third quarter. Wells Fargo & Company MN now owns 1,052,033 shares of the investment management company’s stock valued at $21,409,000 after acquiring an additional 43,169 shares during the period. Gramercy Funds Management LLC increased its stake in China Fund by 37.4% during the second quarter. Gramercy Funds Management LLC now owns 94,532 shares of the investment management company’s stock valued at $1,766,000 after acquiring an additional 25,711 shares during the period. Karpus Management Inc. boosted its holdings in China Fund by 8.6% during the third quarter. Karpus Management Inc. now owns 270,174 shares of the investment management company’s stock valued at $5,498,000 after purchasing an additional 21,421 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in China Fund by 281.6% during the second quarter. Royal Bank of Canada now owns 9,300 shares of the investment management company’s stock valued at $174,000 after purchasing an additional 6,863 shares in the last quarter.

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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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