The China Fund, Inc. Declares Distributions

Rhea-AI Summary

The China Fund, Inc. has declared a total distribution of $7.2669 per share, effective January 10, 2022. This includes long-term capital gains of $6.3866 and short-term gains of $0.8382, alongside net investment income of $0.0421 per share. The distribution is available to stockholders of record as of December 28, 2021, with an ex-dividend date of December 27, 2021. The Fund operates a Dividend Reinvestment and Cash Purchase Plan, allowing stockholders to invest at potentially advantageous prices relative to the Fund's net asset value.

Positive

• Declared distribution of $7.2669 per share, enhancing shareholder value.
• Includes $6.3866 in long-term capital gains, indicating positive asset performance.
• Dividend Reinvestment and Cash Purchase Plan allows investment at favorable rates.

Negative

• None.

NEW YORK, Dec. 17, 2021 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared capital gain and net investment income distributions in the amount of $7.2669 per share. The capital gain portion of the distributions is comprised of long-term capital gains of $6.3866 per share and short-term capital gains of $0.8382. The net investment income portion of the distributions is $0.0421 per share. The distribution will be payable on January 10, 2022 to stockholders of record on December 28, 2021, with an ex-dividend date of December 27, 2021.

The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") that is open to all stockholders. If the Fund's shares trade at a premium to the net asset value of the Fund, the Plan provides stockholders with the ability to invest in the Fund at an amount less than market price per share. If the Fund is trading at a discount, Plan participants will receive shares of the Fund valued at market price per share. All stockholders may elect to participate in the Plan or may withdraw at any time within the limitations described in the Plan.

Stockholders who have questions regarding the distribution may contact AST Fund Solutions, LLC at 1 888 CHN CALL (246-2255).

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 https://www.chinafundinc.com.

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SOURCE The China Fund, Inc.

FAQ

What is the distribution amount declared by The China Fund, Inc.?

The China Fund, Inc. declared a distribution of $7.2669 per share.

When will the distribution be payable to shareholders?

The distribution will be payable on January 10, 2022.

What are the components of the declared distribution for CHN?

The distribution includes long-term capital gains of $6.3866, short-term capital gains of $0.8382, and net investment income of $0.0421 per share.

What is the ex-dividend date for The China Fund's distribution?

The ex-dividend date is December 27, 2021.

How can shareholders participate in the Dividend Reinvestment Plan?

Shareholders can participate in the Plan to invest at prices lower than market value if the Fund's shares trade at a premium.