China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou acquired 4,667 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were purchased at an average price of $22.04 per share, with a total value of $102,860.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Friday, November 17th, City Of London Investment Grou acquired 4,855 shares of China Fund stock. The shares were purchased at an average price of $21.56 per share, with a total value of $104,673.80.
  • On Wednesday, November 15th, City Of London Investment Grou acquired 7,860 shares of China Fund stock. The shares were purchased at an average price of $21.29 per share, with a total value of $167,339.40.
  • On Monday, November 13th, City Of London Investment Grou acquired 5,600 shares of China Fund stock. The shares were purchased at an average price of $21.58 per share, with a total value of $120,848.00.
  • On Friday, November 10th, City Of London Investment Grou acquired 2,304 shares of China Fund stock. The shares were purchased at an average price of $21.46 per share, with a total value of $49,443.84.
  • On Wednesday, November 8th, City Of London Investment Grou acquired 1,134 shares of China Fund stock. The shares were purchased at an average price of $21.48 per share, with a total value of $24,358.32.
  • On Wednesday, November 1st, City Of London Investment Grou acquired 3,109 shares of China Fund stock. The shares were purchased at an average price of $21.29 per share, with a total value of $66,190.61.
  • On Friday, October 27th, City Of London Investment Grou acquired 49,706 shares of China Fund stock. The shares were purchased at an average price of $20.96 per share, with a total value of $1,041,837.76.

China Fund Inc (NYSE CHN) traded down $0.07 on Friday, hitting $22.19. 49,571 shares of the stock traded hands, compared to its average volume of 26,501. China Fund Inc has a 52 week low of $14.44 and a 52 week high of $22.34.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of 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 worth $174,000 after buying an additional 6,863 shares during the period. City of London Investment Management Co. Ltd. increased its position in shares of China Fund by 0.3% during the third 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 buying an additional 10,000 shares during the period. Gramercy Funds Management LLC increased its position in shares of 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 worth $1,766,000 after buying an additional 25,711 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of 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 worth $21,409,000 after buying an additional 43,169 shares during the period.

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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