The China Fund, Inc. Declares Distributions

Rhea-AI Summary

The China Fund (NYSE: CHN) has announced a distribution of $0.1497 per share, consisting entirely of ordinary income. The dividend will be paid on January 10, 2025, to stockholders of record on December 30, 2024. The Fund operates a Dividend Reinvestment and Cash Purchase Plan where shareholders automatically participate unless opting out. Under this plan, if shares trade at a premium to NAV, stockholders receive shares at NAV; if trading at a discount, shares are valued at market price. The Fund focuses on long-term capital appreciation by investing in companies with significant Chinese market exposure, requiring at least 50% of revenues or assets to be China-related.

Positive

• Declared dividend distribution of $0.1497 per share
• Automatic dividend reinvestment plan available at no additional cost to shareholders

Negative

• None.

BOSTON, Dec. 13, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared a distribution in the amount of $0.1497 per share. The distribution is comprised entirely of ordinary income. The dividend will be payable on January 10, 2025, to stockholders of record on December 30, 2024, with an ex-dividend date of December 30, 2024.

The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") in which each stockholder automatically participates, unless the stockholder instructs Computershare Trust Company, N.A. (the "Plan Agent"), in writing, to have all distributions, net of any applicable U.S. withholding tax, paid in cash. If the Fund's shares are trading at a premium to the net asset value ("NAV") per share of the Fund on the distribution payment date, the Plan provides that stockholders will be issued Fund shares valued at NAV. If the Fund's shares are trading at a discount to the NAV per share, stockholders will be issued shares of the Fund valued at market price. Stockholders will not be charged a fee in connection with the reinvestment of dividends or capital gains distributions. A stockholder may terminate his or her participation in the Plan by notifying the Plan Agent in writing at the address below.

Stockholders who have questions regarding the distribution may contact EQ 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 in 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. While the Fund is permitted to invest in direct equity investments of companies organized in China, it presently holds no such investments. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol "CHN." The Fund's investment manager is Matthews International Capital Management, LLC.

For more information regarding the Fund and the Fund's holdings, please call 1-888-CHN-CALL (246-2255) or visit the Fund's website at www.chinafundinc.com.

For more information about the Plan or to terminate your participation in the Plan, please contact Computershare Trust Company, N.A. at c/o The China Fund, Inc. at P.O. Box 43078, Providence, Rhode Island 02940-3078, by telephone at 1-800-426-5523 or via the Internet at www.computershare.com/investor.

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SOURCE The China Fund, Inc.

FAQ

What is the dividend amount announced by The China Fund (CHN) for January 2025?

The China Fund announced a dividend distribution of $0.1497 per share, payable on January 10, 2025.

When is the ex-dividend date for CHN's latest distribution?

The ex-dividend date is December 30, 2024.

How does CHN's Dividend Reinvestment Plan work?

Under the plan, if shares trade at a premium to NAV, stockholders receive shares at NAV; if trading at a discount, shares are valued at market price. Participation is automatic unless stockholders opt out.

What are the investment criteria for The China Fund (CHN)?

The Fund invests in companies that either trade primarily in China or derive at least 50% of their revenues or have 50% of their assets in China.

What type of distribution is CHN's December 2024 payment?

The distribution is comprised entirely of ordinary income.