The China Fund, Inc. Announces Liquidating Distributions - CHINA FUND (NYSE:CHN)
Benzinga·2025-10-29 23:18

Core Points - The China Fund, Inc. has completed its planned liquidation on October 29, 2025, with stockholder interests in the Fund's assets determined as of that date [1] - Shares of the Fund will cease trading on the NYSE prior to the opening of business on October 30, 2025 [1] - The primary liquidating distribution is expected to be paid in cash on October 31, 2025, with a per-share distribution amounting to $18.335460 [3] Liquidation Details - The Fund may issue additional smaller distributions in the future if it is not feasible to distribute all assets in the primary distribution [3] - The liquidation is generally a taxable event for stockholders subject to U.S. federal income tax, with capital gains or losses realized based on the difference between the total liquidating distribution received and the adjusted basis in the Fund's shares [3] Acknowledgments - The Board expressed gratitude to stockholders for their support over the Fund's more than 40 years of operation [4]