NEW YORK, April 9, 2012 /PRNewswire/ -- The China Fund, Inc. (NYSE: CHN) announces today that at its Special Stockholders Meeting that was held on April 5, 2012 and adjourned and then reconvened on April 6, 2012, the stockholders of the Fund voted to approve the proposed Investment Advisory and Management Agreement and the proposed Direct Investment Management Agreement, each between the Fund and RCM Asia Pacific Limited.
The Fund is a closed-end management investment company with the investment objective of long-term capital appreciation which it seeks to achieve by investing primarily in equity securities (i) of companies for which the principal securities trading market is the People's Republic of China (" China"), (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 and (iii) constituting direct equity investments in companies organized in China. The China Fund, Inc. is listed on the New York Stock Exchange under the ticker symbol "CHN".
For further information regarding the Fund and the Fund's holdings, please call (888)-CHN-CALL or visit the Fund's website at www.chinafundinc.com.
CONTACT:Warren AntlerThe Altman Group 212-400-2605 firstname.lastname@example.orgSOURCE The China Fund, Inc.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts