CHN News and Press, China Fund Inc. From 10/12/22

Summary The China Fund is a closed end fund focused on Chinese equities. The fund has seen its discount widen substantially this year as the holdings have underperformed. The vehicle has a very long track record, having IPO-ed in 1992. CHN does not have any leverage, but s...

CEF discounts have narrowed from our previous update but are still sitting wider than at the end of 2021. So far, discounts have bottomed out with the market on June 16th, 2022, which has so far been the market low for 2022. 2022 remains a volatile year but has also presented quit...

For the second month in three, equity CEFs on average witnessed negative returns, falling 6.73% on a NAV basis for June. While for the sixth consecutive month, fixed income CEFs posted returns in the red (-4.54%). Fixed income and equity CEFs posted their largest monthly NAV-based...

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

The China Fund, Inc. Announces Postponement of Annual Meeting of Stockholders PR Newswire BOSTON , March 22, 2022 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced on March 21, 2022 , that the Fund's annual stockholder meeting scheduled ...

China Fund press release (NYSE:CHN): FQ1 net investment loss of -$0.07. For further details see: China Fund net investment loss of -$0.07

THE CHINA FUND, INC. RECORDS FIRST QUARTER 2021/2022 RESULTS PR Newswire BOSTON , March 16, 2022 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) today announced its financial results for its first fiscal quarter ended January 31, 2022 . For the q...

Chinese currency has gained significant ground against dollar and huge amounts of capital have flowed from the U.S. into China over past two years. The capital market of China is offering a higher growth/risk ratio than the capital market of the U.S. this year and probably over the ne...

The China Fund, Inc. Announces Amendment of Record Date PR Newswire BOSTON , Feb. 9, 2022 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced on January 27, 2022 that the Fund's annual stockholder meeting (the "Meeting") will be held Wed...

An American expert on horse race betting, Andrew Beyer, defined the psychological aspects related to the behavior of gamblers in two categories: “prime bets” and “action bets”. CEFs composing my Cupolone Income Portfolio are “prime bets;” they...