The China Fund, Inc. (NYSE:CHN) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC trimmed its holdings in The China Fund, Inc. (NYSE:CHN) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 826,080 shares of the investment management company’s stock after selling 77,260 shares during the period. Allspring Global Investments Holdings LLC’s holdings in The China Fund were worth $9,855,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Public Employees Retirement System of Ohio acquired a new stake in shares of The China Fund during the 3rd quarter worth about $5,812,000.

The China Fund Stock Down 0.2 %

The China Fund stock opened at $12.97 on Wednesday. The China Fund, Inc. has a 12-month low of $9.29 and a 12-month high of $14.74. The firm’s 50-day moving average is $11.95 and its two-hundred day moving average is $11.60.

The China Fund Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1497 per share. This is a boost from The China Fund’s previous annual dividend of $0.02. This represents a dividend yield of 0.2%. The ex-dividend date was Monday, December 30th.

The China Fund Company Profile

The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.