CHN: Allspring Discloses 748,320-Share Holding in Amendment 5 to 13G

Rhea-AI Filing Summary

Allspring Global Investments Holdings, LLC filed Amendment No. 5 to Schedule 13G reporting its ownership in China Fund Inc. (NYSE: CHN) as of 30 June 2025. The parent holding company reports beneficial ownership of 748,320 common shares, representing 7.8 % of the fund’s outstanding shares.

The filing states that Allspring has sole voting and dispositive power over the entire position and no shared powers. Shares are held in the ordinary course of business on behalf of underlying advisory clients; the firm affirms it is not attempting to influence control of the issuer. Because the position exceeds the 5 % threshold, Allspring must continue to update its 13G filings. Signature by Senior Compliance Manager Jennifer Grunberg was dated 9 July 2025.

Positive

• Institutional ownership exceeds 5 %, with Allspring reporting a 7.8 % stake, supporting market perception of continued professional interest in CHN.

Negative

• None.

Insights

Financial Analyst

TL;DR: Allspring discloses a 7.8 % passive stake in CHN, indicating solid institutional ownership but no control intent.

The Amendment No. 5 Schedule 13G shows Allspring Global Investments Holdings, LLC controls 748,320 CHN shares. The passive filing (Rule 13d-1(b)) signals continued, sizeable institutional exposure to the closed-end China-focused fund. Because voting and dispositive powers are sole, Allspring could influence routine shareholder matters, yet the certification explicitly denies activist intentions. For investors, the >5 % stake confirms liquidity support and external monitoring but does not directly alter the fund’s strategy or cash flows. Overall impact is neutral, with a slight positive tilt given the presence of a large professional manager.

Corporate Governance Specialist

TL;DR: Passive >5 % stake filed; no governance challenge anticipated.

Allspring’s HC classification and Rule 13d-1(b) status classify this as a passive holding. The certification language underscores that the shares are held across advisory accounts, limiting coordinated voting blocs. Absence of shared power and the explicit statement that no single client owns >5 % further reduces governance pressure on the China Fund’s board. From a compliance view, timely amendment and clear subsidiary disclosure (Allspring Global Investments, LLC; Allspring Funds Management, LLC) satisfy SEC requirements. Consequently, the filing carries low governance risk and is largely procedural.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

China Fund Inc/The

(Name of Issuer)

Mutual Fund COM

(Title of Class of Securities)

169373107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 169373107

1

Names of Reporting Persons

Allspring Global Investments Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 748,320.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 748,320.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

748,320.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.8 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: China Fund Inc/The
(b)	Address of issuer's principal executive offices: 50 POST OFFICE SQUARE, BOSTON, MA, 02110
Item 2.
(a)	Name of person filing: Allspring Global Investments Holdings, LLC
(b)	Address or principal business office or, if none, residence: 1415 Vantage Park Drive, Charlotte, 28203, North Carolina, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: Mutual Fund COM
(e)	CUSIP No.: 169373107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 748,320
(b)	Percent of class: 7.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 748,320
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 748,320
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities as to which this Schedule is filed are owned of record by clients of one or more Investment Advisers identified in Exhibit A directly or indirectly owned by Allspring Global Investments Holdings, LLC. Those Clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds for the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows: None
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Allspring Global Investments, LLC* - IA Allspring Funds Management, LLC - IA *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this schedule 13G.
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Allspring Global Investments Holdings, LLC

Signature:	Jennifer Grunberg
Name/Title:	Senior Compliance Manager
Date:	07/09/2025

FAQ

Why did Allspring file an amended Schedule 13G on China Fund (CHN)?

Because its aggregated holdings reached 748,320 shares (7.8 %), exceeding the 5 % threshold that requires disclosure and updates.

Does Allspring intend to influence control of China Fund Inc.?

No. The certification states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control.

How much voting power does Allspring have over CHN shares?

Allspring reports sole voting power over 748,320 shares and no shared voting power.

What percentage of CHN’s outstanding shares does Allspring own?

The filing lists a 7.8 % ownership stake in the mutual fund common shares.

When was the ownership position effective and when was the filing signed?

The ownership data is as of 30 June 2025; the filing was signed on 9 July 2025 by Senior Compliance Manager Jennifer Grunberg.

Under which SEC rule was this Schedule 13G filed?

It was filed under Rule 13d-1(b), indicating a passive, institutional investor classification.