China Fund's Q3 2024 Financial Insights Reveal Growth

Author: Owen Jenkins Updated: 09-09-2025 04:43 PM

The China Fund, Inc. Reveals Third Fiscal Quarter Results

Today, The China Fund, Inc. (NYSE: CHN) released its financial results for the third fiscal quarter, highlighting a positive trajectory for its investments. The quarter ending July 31, 2025, saw significant growth compared to the previous year.

Financial Performance Overview

In the nine months concluding on July 31, 2025, the Fund reported net investment income amounting to $1,647,647, translating to $0.17 per share. This marks a notable increase from the previous year, which saw net investment income at $1,408,498, equivalent to $0.14 per share. Such growth underscores the Fund's commitment to increasing shareholder value.

Gains on Investments

The Fund also reported net realized and unrealized gains on investments and foreign currency transactions totaling $14,788,540, or $1.54 per share. This is a sizable rebound from the previous year, where net losses were recorded at $4,133,400, or $0.42 per share. The recovery in investment performance indicates effective strategy implementation and favorable market conditions.

Asset Valuation and Distributions

As of July 31, 2025, The China Fund reported total net assets of $156,430,675, with a net asset value (NAV) per share of $16.27, calculated on 9,612,390 shares outstanding. Additionally, a distribution of $0.1497 per share from ordinary income was declared to shareholders, reinforcing the Fund’s goal of providing returns.

Investment Strategy and Focus

The China Fund primarily seeks long-term capital appreciation by investing in equity securities of companies associated with or deriving substantial revenue from China. Though the Fund retains the flexibility to invest directly in Chinese companies, its current portfolio reflects investments in firms outside China that benefit from the Chinese market.

Management Insights

Managed by Matthews International Capital Management, LLC, The China Fund is dedicated to executing strategies that align with market opportunities. The management emphasizes diligent research and investment discipline, enabling the Fund to navigate dynamic market conditions effectively.

Future Considerations

In a significant governance move, the Fund's Board of Directors recently approved a plan for possible liquidation and dissolution pending shareholder approval at a forthcoming Special Meeting. Details surrounding this plan will be communicated to shareholders in an upcoming proxy statement.

Conclusion

The financial outcomes highlighted in this report showcase The China Fund, Inc. as a resilient player in the market. Continued investments and strategic maneuvers appear to bolster the Fund's performance, delivering promising results amidst an ever-changing financial landscape.

Frequently Asked Questions

What were The China Fund's net assets as of July 31, 2025?

The total net assets were reported to be $156,430,675.

How much did the Fund declare for distribution to shareholders?

A distribution of $0.1497 per share from ordinary income was declared.

What significant decision did the Fund's Board of Directors make recently?

The Board approved a plan for liquidation and dissolution of the Fund pending shareholder approval.

Who manages The China Fund?

The Fund is managed by Matthews International Capital Management, LLC.

How has the investment income changed since the previous year?

The net investment income increased from $1,408,498 to $1,647,647 over the past nine months.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.