China Fund (NYSE:CHN) Stock Crosses Above Fifty Day Moving Average of $19.43

China Fund Inc (NYSE:CHN) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.43 and traded as high as $20.45. China Fund shares last traded at $20.40, with a volume of 1,504 shares trading hands.

The company’s 50 day moving average is $19.43.

Institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James & Associates increased its position in China Fund by 5.5% in the fourth quarter. Raymond James & Associates now owns 46,767 shares of the investment management company’s stock worth $790,000 after buying an additional 2,443 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in China Fund by 4.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 23,066 shares of the investment management company’s stock worth $389,000 after purchasing an additional 1,071 shares during the period. Bank of America Corp DE increased its holdings in China Fund by 2,571.7% during the 4th quarter. Bank of America Corp DE now owns 52,766 shares of the investment management company’s stock worth $892,000 after purchasing an additional 50,791 shares during the period. Finally, Shaker Financial Services LLC increased its holdings in China Fund by 1.7% during the 1st quarter. Shaker Financial Services LLC now owns 42,857 shares of the investment management company’s stock worth $873,000 after purchasing an additional 712 shares during the period.



About China Fund (NYSE:CHN)

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.

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