First Wilshire Securities Management Inc. Sells 1,236 Shares of The China Fund, Inc. (NYSE:CHN)

First Wilshire Securities Management Inc. cut its position in shares of The China Fund, Inc. (NYSE:CHN) by 7.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,566 shares of the investment management company’s stock after selling 1,236 shares during the quarter. First Wilshire Securities Management Inc.’s holdings in The China Fund were worth $174,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new stake in The China Fund in the fourth quarter worth approximately $299,000. Wolverine Asset Management LLC bought a new stake in shares of The China Fund in the 4th quarter worth approximately $800,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of The China Fund in the 3rd quarter valued at $5,812,000.

The China Fund Stock Down 0.2 %

CHN stock opened at $12.81 on Wednesday. The firm’s fifty day moving average is $12.79 and its 200 day moving average is $12.33. The China Fund, Inc. has a 52 week low of $9.29 and a 52 week high of $14.74.

The China Fund Company Profile

The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.