China Fund Inc (CHN) Major Shareholder City Of London Investment Grou Purchases 14,672 Shares of Stock

China Fund Inc (NYSE:CHN) major shareholder City Of London Investment Grou acquired 14,672 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average price of $21.49 per share, for a total transaction of $315,301.28. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% 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 Thursday, February 1st, City Of London Investment Grou acquired 11,637 shares of China Fund stock. The stock was purchased at an average price of $23.83 per share, for a total transaction of $277,309.71.
  • On Monday, January 22nd, City Of London Investment Grou acquired 5,370 shares of China Fund stock. The stock was purchased at an average price of $23.65 per share, for a total transaction of $127,000.50.
  • On Thursday, January 18th, City Of London Investment Grou acquired 1,091 shares of China Fund stock. The stock was purchased at an average price of $23.30 per share, for a total transaction of $25,420.30.
  • On Tuesday, January 16th, City Of London Investment Grou acquired 13,008 shares of China Fund stock. The stock was purchased at an average price of $23.06 per share, for a total transaction of $299,964.48.
  • On Friday, January 12th, City Of London Investment Grou acquired 4,225 shares of China Fund stock. The stock was purchased at an average price of $22.85 per share, for a total transaction of $96,541.25.
  • On Tuesday, January 9th, City Of London Investment Grou acquired 1,900 shares of China Fund stock. The stock was purchased at an average price of $22.46 per share, for a total transaction of $42,674.00.
  • On Friday, December 29th, City Of London Investment Grou purchased 12,733 shares of China Fund stock. The stock was bought at an average price of $21.53 per share, for a total transaction of $274,141.49.
  • On Wednesday, December 27th, City Of London Investment Grou purchased 8,512 shares of China Fund stock. The stock was bought at an average price of $21.12 per share, for a total transaction of $179,773.44.
  • On Thursday, December 21st, City Of London Investment Grou purchased 6,622 shares of China Fund stock. The stock was bought at an average price of $21.01 per share, for a total transaction of $139,128.22.
  • On Monday, December 18th, City Of London Investment Grou purchased 12,794 shares of China Fund stock. The stock was bought at an average price of $20.86 per share, for a total transaction of $266,882.84.

China Fund Inc (NYSE CHN) opened at $21.46 on Friday. China Fund Inc has a 12-month low of $15.96 and a 12-month high of $24.76. The stock has a market capitalization of $338.35, a price-to-earnings ratio of 4.29 and a beta of 1.00.

Several large investors have recently bought and sold shares of the company. City of London Investment Management Co. Ltd. boosted its position in shares of China Fund by 6.9% in the 4th quarter. City of London Investment Management Co. Ltd. now owns 4,190,605 shares of the investment management company’s stock worth $90,789,000 after purchasing an additional 270,702 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of China Fund by 4.3% in the 3rd 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. Karpus Management Inc. boosted its position in shares of China Fund by 8.6% in the 3rd quarter. Karpus Management Inc. now owns 270,174 shares of the investment management company’s stock worth $5,498,000 after purchasing an additional 21,421 shares during the last quarter. Gramercy Funds Management LLC boosted its position in shares of China Fund by 29.6% in the 4th quarter. Gramercy Funds Management LLC now owns 186,086 shares of the investment management company’s stock worth $4,029,000 after purchasing an additional 42,500 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of China Fund by 281.6% in the 2nd 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.

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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.

Insider Buying and Selling by Quarter for China Fund (NYSE:CHN)

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