Somewhat Positive Press Coverage Somewhat Unlikely to Impact China Fund (CHN) Share Price
Headlines about China Fund (NYSE:CHN) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. China Fund earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 45.8751558893664 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
China Fund (CHN) traded up $0.29 during midday trading on Friday, reaching $22.42. The company had a trading volume of 32,173 shares, compared to its average volume of 24,014. The company has a market cap of $352.50, a PE ratio of 4.48 and a beta of 0.95. China Fund has a twelve month low of $15.27 and a twelve month high of $22.45.
The firm also recently declared an annual dividend, which was paid on Thursday, January 4th. Stockholders of record on Tuesday, December 19th were paid a dividend of $0.549 per share. The ex-dividend date of this dividend was Monday, December 18th. This represents a dividend yield of 2.56%.
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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.
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