38,249 Shares in The China Fund, Inc. (NYSE:CHN) Purchased by Choreo LLC

Choreo LLC bought a new stake in shares of The China Fund, Inc. (NYSE:CHN) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 38,249 shares of the investment management company’s stock, valued at approximately $389,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CHN. Wolverine Asset Management LLC grew its stake in shares of The China Fund by 466.0% in the third quarter. Wolverine Asset Management LLC now owns 27,976 shares of the investment management company’s stock worth $296,000 after purchasing an additional 23,033 shares in the last quarter. 1607 Capital Partners LLC lifted its holdings in The China Fund by 19.9% in the third quarter. 1607 Capital Partners LLC now owns 315,128 shares of the investment management company’s stock worth $3,331,000 after purchasing an additional 52,224 shares during the period. Finally, City of London Investment Management Co. Ltd. grew its position in The China Fund by 2.2% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 3,374,284 shares of the investment management company’s stock valued at $35,666,000 after buying an additional 71,428 shares in the last quarter.

The China Fund Stock Performance

CHN stock opened at $11.12 on Friday. The firm’s 50-day moving average is $10.03 and its two-hundred day moving average is $9.92. The China Fund, Inc. has a 52 week low of $9.00 and a 52 week high of $12.50.

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.