CHN - The China Fund, Inc.

NYSE - NYSE Delayed Price. Currency in USD
20.65
-0.13 (-0.63%)
At close: 4:02PM EST
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Previous Close20.78
Open20.75
Bid0.00 x 1000
Ask20.74 x 1000
Day's Range20.60 - 20.83
52 Week Range16.45 - 21.64
Volume18,416
Avg. Volume24,673
Market Cap221.872M
Beta (3Y Monthly)1.27
PE Ratio (TTM)N/A
EPS (TTM)-1.21
Earnings DateMar 13, 2019
Forward Dividend & Yield0.17 (0.82%)
Ex-Dividend Date2018-12-20
1y Target EstN/A
  • PR Newswire

    The China Fund, Inc. Records Third Quarter Results

    NEW YORK , Sept. 13, 2019 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) today announced its financial results for its third fiscal quarter ended July 31 , 2019.  The Fund is a closed-end management ...

  • PR Newswire

    The China Fund Inc. announces changes to its Fund Administration, Fund Accounting, Custodial Services supplier and changes in the Board's Responsibilities

    NEW YORK, April 24, 2019 /PRNewswire/ -- The China Fund, Inc. (the "Fund") (CHN) announced today that its Board of Directors (the "Board") has signed agreements covering Fund Administration, Fund Accounting, Custodial Services and Securities Lending with Brown Brothers Harriman & Co ("BBH") that are planned to commence on or about July 1, 2019, following an orderly transition from the present provider. BBH, a privately held financial services institution with eighteen offices worldwide, has been a leading solutions provider to global investors for over 200 years and will provide all cross-border custody, accounting, administration and securities lending support services to the Fund. This change of provider is a direct result of the Board of Directors' review of the Fund's service providers, which was initiated in 2018 following stockholders' election of the newest members of the Board.

  • PR Newswire

    The China Fund, Inc. Records First Quarter Results

    NEW YORK , March 13, 2019 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) today announced its financial results for its first fiscal quarter ended January 31 , 2019.  The Fund is a closed-end management ...

  • PR Newswire

    The China Fund, Inc. Announces Final Results of Tender Offer

    NEW YORK, Feb. 11, 2019 /PRNewswire/ -- The China Fund, Inc. (CHN) (the "Fund") announced today that, in accordance with its tender offer (the "Offer") to purchase up to 4,716,803 of the Fund's issued and outstanding shares of common stock, par value $0.01 (the "Shares"), which expired on February 5, 2019, the Fund has accepted 4,716,803 Shares for payment on or about February 12, 2019 at $20.61 per Share, which is equal to 99% of the Fund's net asset value per Share as of the close of regular trading on the New York Stock Exchange on February 6, 2019 (the "Purchase Price"). The Fund will make prompt payment to participating stockholders of the Purchase Price for Shares accepted in the tender offer. The 4,716,803 Shares represent 30% of the Fund's outstanding Shares as of January 4, 2019.

  • PR Newswire

    The China Fund, Inc. Announces Launch of Discount Management Program, with Revisions

    NEW YORK, Feb. 6, 2019 /PRNewswire/ -- The China Fund, Inc. (CHN) a closed-end investment company (the "Fund"), announced today that it plans to launch its previously announced Discount Management Program (the "Program") on February 21, 2019.  The Discount Management Program has been revised in several respects, the significant one being that the Fund will disclose the Discount Threshold above which shares will be repurchased.  The Discount Threshold is currently set at 9.5%. The Board or its Discount Management Committee (the "Committee") will regularly monitor the relationship between the market price and NAV of the common shares. The Discount Threshold may be increased or decreased by the Board or Committee at any time.  Under the Program, the Fund is authorized to repurchase in each twelve-month period ended October 31 up to 10% of its common shares outstanding as of the close of business on October 31 of the prior year.  This limit may be increased or decreased by the Board or Committee at any time.  In addition, the Board may elect to take actions other than open market repurchases to address the discount.

  • PR Newswire

    The China Fund, Inc. Announces Expiration and Preliminary Results of Tender Offer

    NEW YORK, Feb. 6, 2019 /PRNewswire/ -- The China Fund, Inc. (CHN) (the "Fund") announced today the expiration of its tender offer (the "Offer") to purchase up to 30% of the Fund's issued and outstanding shares of common stock, par value $0.01 per share (the "Shares"). Under the terms of the Offer, the Fund offered to purchase up to 30% of the Fund's outstanding Shares, or 4,716,803 Shares in the aggregate, for cash at a price per Share equal to 99% of the Fund's net asset value per Share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the Termination Date. Based upon current information, approximately 11,800,248 Shares, or approximately 75.05% of the Fund's Shares, were tendered and not withdrawn through the Termination Date, including shares tendered pursuant to notices of guaranteed delivery.

  • PR Newswire

    The China Fund, Inc. Announces the Resignation of Chairman and Director Gary L. French, the Redesignation of Director Richard A. Silver as a Class II Director, Changes to the Composition of the Board and the Intended Resignation of Director William C. Kirby

    NEW YORK, Jan. 30, 2019 /PRNewswire/ -- The China Fund, Inc. (CHN) (the "Fund") announced today that Gary L. French, a Director and Chairman, has submitted his resignation effective February 15, 2019. The Fund also announced that the Fund's Board of Directors has appointed Richard A. Silver as Chairman of the Board, effective upon Mr. French's resignation, and has redesignated Mr. Silver, currently a Class I Director, as a Class II Director and nominated him for re-election at the Fund's Annual Meeting of Stockholders in March 2019 ("Annual Meeting"). Further details regarding this stockholder proposal can be found in the Fund's proxy statement scheduled to file on or about January 30, 2019.

  • PR Newswire

    The China Fund, Inc. Announces Extension of Tender Offer

    NEW YORK, Jan. 14, 2019 /PRNewswire/ -- The China Fund, Inc. (CHN) (the "Fund") announced today the extension of the tender offer announced by the Fund on January 4, 2019 to purchase up to 30% of the Fund's issued and outstanding shares of common stock, par value $0.01 per share (the "Shares"), or 4,716,803 Shares in the aggregate, for cash at a price per Share equal to 99% of the Fund's net asset value per Share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (the "Tender Offer"). Because of delay in printing and mailing documents by the time required by regulations of the Securities and Exchange Commission, the Tender Offer is being extended by one day to February 5, 2019. In all other respects, the Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Repurchase and related Letter of Transmittal.  As of January 11, 2019, no Shares have been tendered in the Tender Offer.

  • PR Newswire

    The China Fund, Inc. Announces Commencement of Tender Offer

    NEW YORK, Jan. 4, 2019 /PRNewswire/ -- The China Fund, Inc. (CHN) (the "Fund") announced today the commencement of a tender offer by the Fund to purchase up to 30% of the Fund's issued and outstanding shares of common stock, par value $0.01 per share (the "Shares"), or 4,716,803 Shares in the aggregate, for cash at a price per Share equal to 99% of the Fund's net asset value per Share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (the "Tender Offer"). The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Repurchase and related Letter of Transmittal. The Tender Offer will commence on January 4, 2019 and will expire at 11:59 p.m., New York time, on February 4, 2019, unless extended (the "Termination Date").

  • PR Newswire

    The China Fund, Inc. Confirms Distribution

    NEW YORK, Dec. 20, 2018 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") confirms the capital gain and net investment income distributions in the estimated aggregate amount of $0.5401 per share for the 2018 year-end distributions.  The capital gain portion of the distributions is comprised of long-term capital gains estimated at $0.3712 per share.  The net investment income portion of the distributions is estimated to be $0.1689 per share. As previously announced, the distribution will be payable on January 11, 2019 to stockholders of record on December 21, 2018, with an ex-dividend date of December 20, 2018. The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") that is open to all stockholders.  If the Fund's shares trade at a premium to the net asset value of the Fund, the Plan provides stockholders with the ability to invest in the Fund at an amount less than market price per share.  If the Fund is trading at a discount, Plan participants will receive shares of the Fund valued at market price per share.  All stockholders may elect to participate in the Plan or may withdraw at any time within the limitations described in the Plan.

  • PR Newswire

    The China Fund, Inc. Declares Distribution

    NEW YORK, Dec. 10, 2018 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared capital gain and net investment income distributions in the estimated aggregate amount of $0.5401 per share.  The capital gain portion of the distributions is comprised of long-term capital gains estimated at $0.3712 per share.  The net investment income portion of the distributions is estimated to be $0.1689 per share. The actual amount of the distribution will be determined on the ex-dividend date of the distribution, at which time the Fund will make a further announcement. The distribution will be payable on January 11, 2019 to stockholders of record on December 21, 2018, with an ex-dividend date of December 20, 2018.

  • PR Newswire

    The China Fund, Inc. Announces Approval of New Investment Manager by Stockholders

    NEW YORK , Dec. 7, 2018 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN), a closed-end investment company (the "Fund"), announced today that at a Special Meeting of its stockholders held today, ...