China Fund

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CONTACT:

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

THE CHINA FUND, INC. RECORDS THIRD QUARTER RESULTS

NEW YORK, New York, September 14, 2017 --- The China Fund, Inc. (NYSE: CHN) today announced its financial results for its third fiscal quarter ended July 31, 2017. The Fund is a closed-end management investment company with the investment objective of long-term capital appreciation which it seeks to achieve by investing primarily in equity securities (i) of companies for which the principal securities trading market is the People’s Republic of China (“China”), (ii) of companies for which the principal securities trading market is outside of China, or constituting direct equity investments in companies organized outside of China, that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China and (iii) constituting direct equity investments in companies organized in China.

For the nine months ended July 31, 2017, the Fund recorded net investment income of $2,912,923 or $0.19 per share versus a net investment income of $7,010,600 or $0.45 per share for the nine months ended July 31, 2016. Net realized and unrealized gain on investments and foreign currency transactions, for the nine months ended July 31, 2017 was $50,920,838 or $3.24 per share compared to net realized and unrealized loss on investments and foreign currency transactions of $21,067,807 or $1.34 per share for the nine months ended July 31, 2016.

The Fund’s total net assets on July 31, 2017 were $341,730,819 and its net asset value per share was $21.73 based on 15,722,675 shares outstanding. A distribution of $0.4678 per share from net investment income was made in December 2016.

July 31, 2017
October 31, 2016
July 31, 2016
Total Net Assets
$341,730,819
$295,252,138
$275,285,959
Net Asset Value
$21.73
$18.78
$17.51
Shares Outstanding
15,722,675
15,722,675
15,722,675

The China Fund, Inc. is listed on the New York Stock Exchange under the ticker symbol "CHN". The Fund’s investment manager is Allianz Global Investors U.S. LLC. 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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