Farther Finance Advisors LLC purchased a new stake in The China Fund, Inc. (NYSE:CHN – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 25,092 shares of the investment management company’s stock, valued at approximately $299,000.
Separately, Wolverine Asset Management LLC acquired a new stake in shares of The China Fund in the 4th quarter valued at approximately $800,000.
The China Fund Stock Performance
CHN opened at $13.92 on Wednesday. The company’s 50 day moving average is $12.41 and its 200-day moving average is $12.08. The China Fund, Inc. has a 1-year low of $9.29 and a 1-year high of $14.74.
About The China Fund
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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