Wolverine Asset Management LLC Takes Position in The China Fund, Inc. (NYSE:CHN)

Posted by Lisa Pomrenke on Feb 23rd, 2025

Wolverine Asset Management LLC acquired a new stake in shares of The China Fund, Inc. (NYSE:CHN – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 67,043 shares of the investment management company’s stock, valued at approximately $800,000.

Separately, Public Employees Retirement System of Ohio bought a new stake in shares of The China Fund during the third quarter valued at approximately $5,812,000.

The China Fund Trading Up 1.2 %

The China Fund stock opened at $13.19 on Friday. The firm’s 50 day moving average price is $11.99 and its 200-day moving average price is $11.66. The China Fund, Inc. has a 1 year low of $9.29 and a 1 year high of $14.74.

The China Fund Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 10th. Investors of record on Monday, December 30th were given a $0.1497 dividend. This represents a yield of 0.2%. The ex-dividend date was Monday, December 30th. This is a boost from The China Fund’s previous annual dividend of $0.02.

The China Fund Profile

(Free Report)

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.