Farther Finance Advisors LLC purchased a new position in shares of The China Fund, Inc. (NYSE:CHN – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 25,092 shares of the investment management company’s stock, valued at approximately $299,000.
Separately, Public Employees Retirement System of Ohio bought a new position in The China Fund during the third quarter worth about $5,812,000.
The China Fund Stock Down 0.6 %
NYSE:CHN opened at $13.92 on Wednesday. The China Fund, Inc. has a 52 week low of $9.29 and a 52 week high of $14.74. The firm’s 50-day simple moving average is $12.41 and its 200 day simple moving average is $12.08.
The China Fund 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.
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