CHN: China Fund Stock Surges Over 5%

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China Fund Inc. (CHN, Financial) saw a significant stock price increase of 5.04%. The stock is currently trading at $12.49 per share with a trading volume of 123,949 shares, a turnover rate of 1.25%, and a volatility of 3.20%.

Recent financial reports indicate that the company recorded a revenue of -$14.97 million and a net profit of $10.10 million, with earnings per share (EPS) at $1.01. The price-to-earnings ratio stands at -7.45. Currently, no institutional ratings are available for buying, holding, or selling recommendations for this stock.

Within the asset management industry, which saw an overall rise of 0.24%, related stocks showing significant gains include Royalty Management Holding Corporation, Huapu Group, and Noah Holdings. Active stocks within this sector, based on turnover rates, include Destiny Tech100 Inc., Nxg Nextgen Infrastructure Income Fund, and Huapu Group. Stocks with the highest volatility include Royalty Management Holding Corporation, Huapu Group, and Beneficient.

China Fund Inc. is a non-diversified, closed-end management investment company aimed at achieving long-term capital appreciation by investing in equity securities traded in China and internationally. Its investment portfolio spans various industries such as insurance, entertainment, machinery, electrical equipment, beverages, hotels, restaurants, and leisure.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.