The China Fund, Inc. Announces Postponement of Annual Meeting of Stockholders

Rhea-AI Summary

The China Fund, Inc. (NYSE: CHN) announced on March 21, 2022, that its annual stockholder meeting set for March 23, 2022, has been postponed. This delay aims to ensure that all necessary materials are properly mailed to shareholders. A new record date for determining eligible shareholders will be established and announced in the coming weeks. The Fund focuses on long-term capital appreciation by investing primarily in equity securities of companies linked to China.

Positive

• None.

Negative

• Postponement of the annual stockholder meeting may cause uncertainty among investors.
• Lack of a new date for the meeting delays shareholder engagement and decision-making.

BOSTON, March 22, 2022 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) (the "Fund") announced on March 21, 2022, that the Fund's annual stockholder meeting scheduled to be held on March 23, 2022, will be postponed, until further notice, to ensure materials mailed to shareholders contain all necessary and relevant information. A new record date for determining the shareholders entitled to notice of, and to attend and vote at the meeting will be established and announced in the coming weeks.

The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is the People's Republic of China ("China"), or (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. 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.

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SOURCE The China Fund, Inc.

FAQ

Why was the annual stockholder meeting for CHN postponed?

The meeting was postponed to ensure that all necessary materials are properly mailed to shareholders.

When was the CHN stockholder meeting originally scheduled?

The annual stockholder meeting was originally scheduled for March 23, 2022.

What is the focus of The China Fund, Inc.?

The China Fund, Inc. seeks long-term capital appreciation by investing primarily in equity securities related to China.

What will happen now that the CHN meeting is postponed?

A new record date for eligible shareholders will be established and announced in the coming weeks.