CHN
The China Fund, Inc.18.19
-0.01-0.05%
Oct 29, 4:00:02 PM EDT
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
174.85MP/E (TTM)
9.68Basic EPS (TTM)
1.88Dividend Yield
0.01%Recent Filings
8-K
Fund approves liquidation
The China Fund, Inc. stockholders approved the fund's liquidation and dissolution on October 21, 2025, triggering an orderly wind-down of its portfolio for cash distributions. Books close October 29, halting NYSE trading from October 30, with a primary payout expected October 31. Liquidation proceeds reflect net asset value after expenses. Taxable gains or losses await shareholders.
8-K
Board approves fund liquidation
The China Fund, Inc. announced on June 20, 2025, that its Board approved a plan of liquidation and dissolution, to be voted on by stockholders at a forthcoming special meeting. The decision stems from geopolitical tensions, low trading volume, a persistent discount to net asset value, and competition from ETFs, despite considering alternatives like open-end conversion. Liquidation serves stockholders' best interests. Proxy details are pending SEC filing.
8-K
Manager switch effective Jan 1
The China Fund, Inc. switched investment managers to Matthews International Capital Management, LLC, effective January 1, 2019, after a tough December where it returned -3.59%, edging out the MSCI Golden Dragon Index's -3.91% amid China's economic slowdown and trade tensions. Stock picks in ports and waste treatment boosted results, while pharma holdings dragged. New manager eyes undervalued domestic plays. Change signals fresh strategy amid volatility.
8-K
Fund matches benchmark in rebound
The China Fund matched its MSCI Golden Dragon benchmark with a 5.48% return in November 2018, buoyed by rebounding Greater China equities amid easing US-China trade tensions and dovish Fed signals. Strong stock picks in consumer staples and financials offset energy sector drags like PetroChina, while infrastructure plays like China State Construction poised for gains from stimulus. Markets stabilized, yet earnings downgrades loom. Total assets hit $314.8 million.
8-K
China Fund lags benchmark in October plunge
The China Fund, Inc. posted a -11.97% NAV return in October 2018, slightly trailing its MSCI Golden Dragon benchmark's -11.48% amid Greater China equities' sharp retreat—the worst since the Asian financial crisis—with A-shares down over 25% year-to-date in USD. China's GDP grew at a sluggish 6.5% annualized rate in Q3, the slowest since early 2009, while manufacturing PMI hit a two-year low, prompting government pledges for economic support and a reserve ratio cut. Valuations now sit at attractive levels, like 9.7x P/E for MSCI China, yet trade tensions cloud earnings outlook. Fund trimmed positions in Tencent and China State Construction amid uncertainties.
AEF
27762
6.78-0.11
AGD
"abrdn Global Dynamic Dividend
11.43+0.00
CAF
Morgan Stanley China A Share Fu
16.87-0.31
CHW
Calamos Global Dynamic Income F
7.21-0.03
EMF
Templeton Emerging Markets Fund
16.57-0.14
KF
Korea Fund, Inc. (The) New
34.37-1.00
PCM
PCM Fund, Inc.
6.13-0.02
PCN
Pimco Corporate & Income Strate
12.60-0.01
TDF
Templeton Dragon Fund, Inc.
11.07-0.06
TWN
Taiwan Fund, Inc. (The)
57.54-0.82