China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou bought 4,855 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were acquired at an average cost of $21.56 per share, with a total value of $104,673.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% 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 Tuesday, November 21st, City Of London Investment Grou bought 4,667 shares of China Fund stock. The shares were acquired at an average cost of $22.04 per share, with a total value of $102,860.68.
  • On Wednesday, November 15th, City Of London Investment Grou bought 7,860 shares of China Fund stock. The shares were acquired 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 shares were acquired at an average cost of $21.58 per share, with a total value of $120,848.00.
  • On Friday, November 10th, City Of London Investment Grou purchased 2,304 shares of China Fund stock. The stock was purchased at an average price of $21.46 per share, for a total transaction of $49,443.84.
  • On Wednesday, November 8th, City Of London Investment Grou purchased 1,134 shares of China Fund stock. The stock was purchased at an average price of $21.48 per share, for a total transaction of $24,358.32.
  • On Wednesday, November 1st, City Of London Investment Grou purchased 3,109 shares of China Fund stock. The stock was purchased at an average price of $21.29 per share, for a total transaction of $66,190.61.
  • On Friday, October 27th, City Of London Investment Grou purchased 49,706 shares of China Fund stock. The stock was purchased at an average price of $20.96 per share, for a total transaction of $1,041,837.76.

China Fund Inc (NYSE:CHN) traded up $0.03 on Thursday, hitting $22.26. The company had a trading volume of 53,000 shares, compared to its average volume of 26,399. China Fund Inc has a 1-year low of $14.44 and a 1-year high of $22.34.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in CHN. City of London Investment Management Co. Ltd. grew its holdings in 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 valued at $73,076,000 after buying an additional 121,392 shares during the last quarter. Wells Fargo & Company MN boosted its holdings 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 purchasing an additional 43,169 shares during the last quarter. Gramercy Funds Management LLC boosted its holdings 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 purchasing an additional 25,711 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings 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 purchasing an additional 6,863 shares during the last quarter.

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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