China Fund

Company announcements



CONTACT:
James Burke
AST Fund Solutions
646-322-0361
jburke@astfundsolutions.com


The China Fund, Inc. Announces Response to City of London Letter

New York, New York, August 15, 2017—The China Fund, Inc. (NYSE: CHN) (the “Fund”) announced today that it had sent a response to the letter City of London Investment Group PLC (“City of London”) had attached to its August 10, 2017 Form 13D filing with the SEC with respect to the Fund. In the letter, City of London states its opposition to the selection by the Board of the Fund of Open Door Investment Management Ltd. (“Open Door”) as the Fund’s new investment manager and to the Board’s continued effort to seek stockholder approval of that selection. In the response, the Fund stated:

The Fund’s Board believes it is in the best interest of the Fund and its stockholders to approve Open Door. The Board is seeing strong stockholder support for its position, with over 60% of the shares that have voted voting in favor of the selection of Open Door.

It is clear that the Fund’s stockholders, as a whole, favor the Open Door proposal; however, the favorable vote is not quite at the required level for regulatory purposes (a majority of the outstanding shares). In view of the strong stockholder support, the Board feels it has a responsibility to give all stockholders who have not yet voted an opportunity to vote before the voting deadline of August 30.

A copy of the full response is attached to this press release.

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The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in China companies. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol “CHN.”

For further information regarding the Fund and the Fund’s holdings, please call (888)-CHN-CALL or visit the Fund’s website at www.chinafundinc.com.

The China Fund, Inc. Declares Distributions Dec 10, 2018
The China Fund, Inc. Announces Approval of New Investment Manager by Stockholders Dec 07, 2018
The China Fund, Inc. Records Third Quarter Results Nov 16, 2018
The China Fund, Inc. Announces Selection of New Investment Manager, Timing of Commencement of One-Time Tender Offer, Adoption of Discount Management Program and Additional Board Governance Provisions Nov 09, 2018
The China Fund, Inc. Announces a Change to the Previously Announced Approval in Principle of a One-Time Tender Offer Sep 07, 2018
The China Fund, Inc. Announces New Board Governance Provisions, Status of Investment Manager Search, Approval in Principle of a One-Time Tender Offer and of a Discount Management Program Aug 27, 2018
The China Fund, Inc. Announces the Withdrawal of the Stockholder Proposal to Terminate the Fund’s Investment Advisory and Management Agreements Aug 20, 2018
The China Fund, Inc. Announces the Retention of Consultant for Investment Manager Search Jul 30, 2018
The China Fund, Inc. and City of London Investment Management Company Limited Announce the Mutual Agreement to Dismiss the Fund’s and City of London Investment Management Company Limited’s Lawsuits Related to the Fund’s Annual Stockholders Meeting Jun 22, 2018
The China Fund, Inc. Announces Election of New Directors May 24, 2018
The China Fund, Inc. Announces the Resignations of Messrs. Rogers and Shore and Amendments to the Fund’s By-Laws May 22, 2018
The China Fund, Inc. Announces Letter to Stockholders May 21, 2018
The China Fund, Inc. Announces Postponement of Annual Meeting of Stockholders Apr 19, 2018
China Fund Sues City of London Investment Group, Others Over Proxy Misrepresentations Apr 03, 2018
The China Fund, Inc. Announces Postponement of Annual Meeting of Stockholders Mar 23, 2018
Vote Your Shares to Protect the China Fund From Being Liquidated or Merged with Other Funds Not Focused on China Mar 19, 2018
The China Fund, Inc. Records First Quarter Results Mar 15, 2018
The China Fund, Inc. Announces Date of Annual Meeting of Stockholders Jan 09, 2018
The China Fund, Inc. Records Third Quarter Results Sep 14, 2017
The China Fund, Inc. Announces the Results of a Special Meeting of Stockholders Aug 30, 2017
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