Lazard Asset Management Reports 8.5% Ownership in China Fund — Schedule 13G/A

Rhea-AI Filing Summary

Lazard Asset Management LLC reports it beneficially owns 819,965 shares of China Fund Inc/The, representing 8.5% of the equity class. The filing shows Lazard has sole voting and sole dispositive power over these shares, indicating it controls how the shares are voted and sold. The Schedule 13G/A includes a certification that the securities were not acquired to change or influence control of the issuer. The disclosure identifies the reporting entity and the issuer but does not describe trades, acquisition timing beyond the required event date, or additional strategic intent.

Positive

• Material disclosed stake: Lazard beneficially owns 819,965 shares, equal to 8.5% of the class
• Sole voting and dispositive authority: Reporting person has sole power to vote and dispose of the shares
• Passive intent certified: Filing includes a certification that the shares are not held to change or influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: Lazard holds a material 8.5% stake with sole voting and dispositive power, disclosed on a Schedule 13G/A.

The filing documents a meaningful passive ownership position: 819,965 shares (8.5%) of China Fund Inc/The with sole voting and dispositive authority. Because this is reported on a Schedule 13G/A and includes a certification that the shares are not held to influence control, the position is presented as non-activist and compliance-focused. For investors, the key facts are the stake size and the recorded voting/dispositive powers; no additional transactions, strategic plans, or changes in control are disclosed.

Corporate Governance Expert

TL;DR: Ownership disclosure is material but indicates passive intent via Schedule 13G/A certification.

The document identifies Lazard Asset Management LLC as the reporting person with sole voting and dispositive power over 819,965 shares, equal to 8.5% of the class. The certification clause explicitly states the holdings were not acquired to change or influence control, aligning with Schedule 13G reporting standards for passive investors. From a governance perspective, this filing signals a significant shareholder stake without an expressed plan to engage in control actions; the filing itself contains no governance proposals or coordination details.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

China Fund Inc/The

(Name of Issuer)

Equity

(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

Lazard Asset Management 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

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 819,965.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 819,965.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

819,965.00

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)

8.5 %

12

Type of Reporting Person (See Instructions)

IA

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: Lazard Asset Management LLC
(b)	Address or principal business office or, if none, residence: 30 Rockefeller Plaza, New York, 10112, NY, United States
(c)	Citizenship: NEW YORK
(d)	Title of class of securities: Equity
(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: 819,965
(b)	Percent of class: 8.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 819,965
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 819,965
	(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.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
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 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.

Lazard Asset Management LLC

Signature:	Mark Anderson
Name/Title:	Managing Director, General Counsel
Date:	08/14/2025

FAQ

How many China Fund (CHN) shares does Lazard Asset Management report owning?

Lazard Asset Management LLC reports beneficial ownership of 819,965 shares of China Fund.

What percentage of China Fund (CHN) does Lazard own according to this filing?

The reported ownership represents 8.5% of the class.

Does Lazard have voting control over the reported CHN shares?

Yes; the filing shows Lazard has sole voting power and sole dispositive power for the 819,965 shares.

Was the Lazard position in China Fund filed as an activist or control-seeking stake?

No; the Schedule 13G/A includes a certification that the securities were not acquired to change or influence control of the issuer.

Which form was used to disclose Lazard's position in CHN?

The position was disclosed on a Schedule 13G/A statement for China Fund Inc/The (CUSIP 169373107).