China Fund (CHN) Receiving Somewhat Favorable Media Coverage, Analysis Shows

Headlines about China Fund (NYSE:CHN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. China Fund earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 45.6322122508119 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

China Fund (NYSE:CHN) traded down $0.10 during trading hours on Thursday, hitting $22.50. The company had a trading volume of 28,100 shares, compared to its average volume of 24,857. The stock has a market capitalization of $354.39, a P/E ratio of 4.50 and a beta of 0.95. China Fund has a 12 month low of $15.36 and a 12 month high of $22.68.

The business also recently disclosed an annual dividend, which was paid on Thursday, January 4th. Shareholders of record on Tuesday, December 19th were given a dividend of $0.549 per share. The ex-dividend date was Monday, December 18th. This represents a yield of 2.56%.

In related news, major shareholder City Of London Investment Grou acquired 1,900 shares of the firm’s stock in a transaction on Tuesday, January 9th. The shares were acquired at an average cost of $22.46 per share, for a total transaction of $42,674.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have acquired 188,711 shares of company stock worth $4,035,517.

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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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