BOSTON , Dec. 13, 2024 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced today that the Fund's annual stockholder meeting (the "Meeting") will be scheduled for Thursday, March 13, 2025, via a virtual forum at 11:00 a.m. ET. Stockholders of record as of January 15, 2025 will be entitled to notice of, and to attend and vote at, the Meeting.
BOSTON , Dec. 14, 2023 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced today that the Fund's annual stockholder meeting (the "Meeting") will be scheduled for Thursday, March 14, 2024, via a virtual forum at 11:00 a.m. EST. Stockholders of record as of January 17, 2024, will be entitled to notice of, and to attend and vote at, the Meeting.
China appears to be headed for more economic troubles. While the China Fund is overweight the more resilient consumer/tech side, the rest of the portfolio remains levered to broader economic shifts. With CHN's expense ratio also at a premium to comparable active funds, the NAV discount isn't all that appealing here.
Following a multi-year streak of relative and absolute underperformance, the Matthews Asia-managed China Fund has seen its NAV discount widen to multi-year highs. Post-reopening and with the policy backdrop for tech platforms finally turning supportive, the China Fund could outperform from here.