The China Fund, Inc. Announces Reduced Management Fee Due to Adviser's Fee Waiver
China Fund, Inc. (The) (CHN)
US:NYSE Investor Relations:
quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=chn
Company Research
Source: PR Newswire
BOSTON, March 4, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (NYSE: CHN) (the "Fund"), is pleased to announce that the Fund's investment adviser, Matthews International Capital Management, LLC (the "Adviser"), has agreed to waive a portion of the management fee paid to it by the Fund, which will reduce the Fund's total expense ratio and the indirect cost to shareholders of investing in the Fund. In light of current economic and market conditions affecting the performance of Chinese securities generally, the Board and the Adviser believe it is appropriate and in the best interest of the Fund and its shareholders to consider all available measures to reduce the expenses of the Fund. After reviewing the Fund's operating expenses and investment performance, the Board requested that the Adviser consider reducing its management fee. The Adviser has since agreed to voluntarily waive for a year from February 1, 2024, a portion of the management fee it rec
Show less
Read more
Impact Snapshot
Event Time:
CHN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHN alerts
High impacting China Fund, Inc. (The) news events
Weekly update
A roundup of the hottest topics
CHN
Sec Filings
- 4/15/24 - Form 40-17G
- 4/12/24 - Form 3
- 3/25/24 - Form 5
- CHN's page on the SEC website