<SEC-DOCUMENT>0000929638-25-002279.txt : 20250620
<SEC-HEADER>0000929638-25-002279.hdr.sgml : 20250620
<ACCEPTANCE-DATETIME>20250620173030
ACCESSION NUMBER:		0000929638-25-002279
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250620
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250620
DATE AS OF CHANGE:		20250620

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			China Fund, Inc.
		CENTRAL INDEX KEY:			0000845379
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05749
		FILM NUMBER:		251062434

	BUSINESS ADDRESS:	
		STREET 1:		50 POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617 772 1616

	MAIL ADDRESS:	
		STREET 1:		50 POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHINA FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a8k.htm
<TEXT>
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    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;<font style="font-weight: bold;">Washington, D.C. 20549</font></div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;<font style="font-weight: bold;">FORM 8-K</font></div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman';">Date of Report (Date of earliest event reported):&#160; <font style="font-weight: bold;">June 20, 2025</font></div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;</div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">THE CHINA FUND, INC.</div>
    <div style="text-align: center; font-family: 'Times New Roman';">(Exact name of registrant as specified in its charter)</div>
    <div style="text-align: center; font-family: 'Times New Roman';">&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z4d499475a51a40119dd9929e40a17407" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 33.31%; vertical-align: bottom;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Maryland</div>
          </td>
          <td style="width: 33.34%; vertical-align: bottom;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">811-05749</div>
          </td>
          <td style="width: 33.34%; vertical-align: bottom;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">133669175</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.31%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(State or other jurisdiction<br>
              of incorporation)</div>
          </td>
          <td style="width: 33.34%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(Commission File Number)</div>
          </td>
          <td style="width: 33.34%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(IRS Employer Identification No.)</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman';">&#160;</div>
    <div style="font-family: 'Times New Roman';">&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zacc3d3c445414d268b5b776163ca974a" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 48.71%; vertical-align: bottom;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">c/o Brown Brothers Harriman &amp; Co.</div>
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">50 Post Office Square</div>
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Boston, Massachusetts</div>
          </td>
          <td style="width: 2.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 1pt;">&#160;</div>
          </td>
          <td style="width: 48.73%; vertical-align: bottom;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">02110</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.71%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(Address of principal executive offices)</div>
          </td>
          <td style="width: 2.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman';">&#160;</div>
          </td>
          <td style="width: 48.73%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman';">&#160;&#160;</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(888) 246-2255</div>
    <div style="text-align: center; font-family: 'Times New Roman';">(Registrant&#8217;s telephone number, including area code)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Not Applicable</div>
    <div style="text-align: center; font-family: 'Times New Roman';">(Former name or former address, if changed since last report)</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman';">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z4d1a53a0fc4f492b8287560dd1f323e1" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 3.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">&#9633;</div>
          </td>
          <td style="width: 2.08%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="width: 94.81%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">&#9633;</div>
          </td>
          <td style="width: 2.08%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="width: 94.81%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">&#9633;</div>
          </td>
          <td style="width: 2.08%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="width: 94.81%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">&#9633;</div>
          </td>
          <td style="width: 2.08%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="width: 94.81%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td colspan="5" style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Securities registered pursuant to Section 12(b) of the Act:</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td colspan="2" rowspan="2" style="width: 5.19%; vertical-align: top;">&#160;</td>
          <td style="width: 31.6%; vertical-align: bottom; border-bottom: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Title of each class</div>
          </td>
          <td style="width: 31.6%; vertical-align: bottom; border-bottom: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Trading Symbol(s)</div>
          </td>
          <td style="width: 31.61%; vertical-align: bottom; border-bottom: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Name of each exchange</div>
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">on which registered</div>
          </td>
        </tr>
        <tr>
          <td style="width: 2.08%; vertical-align: top; border-top: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: 'Times New Roman';">Common Stock</div>
          </td>
          <td style="width: 31.6%; vertical-align: top; border-top: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: 'Times New Roman';">CHN</div>
          </td>
          <td style="width: 31.6%; vertical-align: top; border-top: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: 'Times New Roman';">New York Stock Exchange</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td colspan="5" style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule&#160;12b-2 of the Securities Exchange
              Act of 1934 (&#167;240.12b-2 of this chapter).</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">&#9633;</div>
          </td>
          <td style="width: 2.08%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="width: 94.81%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Emerging growth company</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 3.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">&#9633;</div>
          </td>
          <td style="width: 2.08%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="width: 94.81%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
              provided pursuant to Section 13(a) of the Exchange Act.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="margin-bottom: 8pt; font-family: 'Times New Roman'; font-weight: bold;">Item 8.01 Other Events.</div>
    <div style="margin-bottom: 8pt; font-family: 'Times New Roman';">The China Fund, Inc. (the &#8220;Fund&#8221;) announced today that its Board of Directors has approved a plan of liquidation and dissolution (the &#8220;Plan&#8221;) for the Fund. The Plan will be submitted to
      stockholders for approval at a Special Meeting.</div>
    <div style="margin-bottom: 8pt; font-family: 'Times New Roman';">The Fund intends to file a proxy statement with the U.S. Securities and Exchange Commission with respect to the proposal to liquidate the Fund. Copies of the Fund&#8217;s proxy statement will
      also be mailed to each stockholder of record of the Fund.</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z5c94d24e7ecf4219b03f1bceb5c444b0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 216pt; vertical-align: top; font-family: 'Times New Roman'; font-weight: bold;">Item 9.01</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">Financial Statements and Exhibits.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-indent: -216pt; margin-left: 216pt; font-family: 'Times New Roman';">(d) Exhibits:</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z67c18d7ef6cb4b389609c4561656e8f2" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 28.97%; vertical-align: top; border-bottom: #000000 0.50pt solid;">
            <div style="font-family: 'Times New Roman';">Exhibit Number</div>
          </td>
          <td style="width: 71.03%; vertical-align: top; border-bottom: #000000 0.50pt solid;">
            <div style="font-family: 'Times New Roman';">Description</div>
          </td>
        </tr>
        <tr>
          <td style="width: 28.97%; vertical-align: top; border-top: #000000 0.50pt solid;">
            <div style="font-family: 'Times New Roman';">99.1</div>
          </td>
          <td style="width: 71.03%; vertical-align: top; border-top: #000000 0.50pt solid;">
            <div style="font-family: 'Times New Roman';">Press Release dated June 20, 2025</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; text-indent: -72pt; margin-left: 72pt; margin-top: 12pt; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">SIGNATURES</div>
    <div style="font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</div>
    <div style="margin-top: 5pt; margin-bottom: 5pt;"><br>
    </div>
    <div style="margin-top: 5pt; margin-bottom: 5pt; font-family: 'Times New Roman'; font-weight: bold;">Date: June 20, 2025</div>
    <div style="margin-left: 234pt; font-family: 'Times New Roman'; font-weight: bold;">The China Fund, Inc.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="margin-left: 234pt; font-family: 'Times New Roman';"><u>/s/ Julian Reid&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </u><br>
    </div>
    <div style="margin-left: 234pt; margin-top: 5pt; margin-bottom: 5pt; font-family: 'Times New Roman';">Name:&#160; Julian Reid</div>
    <div style="margin-left: 234pt; margin-top: 5pt; margin-bottom: 5pt; font-family: 'Times New Roman';">Title:&#160;&#160;&#160;&#160; Chairman <br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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    <div><br>
    </div>
    <div style="text-align: center; margin-top: 5pt; margin-bottom: 5pt; font-family: 'Times New Roman'; font-weight: bold;">EXHIBIT INDEX</div>
    <div style="margin-top: 5pt; margin-bottom: 5pt;"><br>
    </div>
    <div style="margin-top: 5pt; margin-bottom: 5pt;"><font style="font-family: 'Times New Roman';"><u>Exhibit Number</u></font><font style="text-indent: 0px; font-size: 5pt;" class="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';"><u>Description</u></font></div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z8910d11c30144f6382ffb285a6bcb566" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 108pt; vertical-align: top; font-family: 'Times New Roman';"><a href="exhibit99-1.htm">99.1</a></td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman';"><a href="exhibit99-1.htm">Press Release dated June 20, 2025</a></div>
          </td>
        </tr>

    </table>
    <br>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<TEXT>
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  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
  </div>
  <div><br>
  </div>
  <div>
    <div>
      <div style="text-align: center; color: #444444; font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;"><a name="z_Hlk184827657"></a>The China Fund, Inc. Announces</div>
      <div style="text-align: center; color: #444444; font-family: 'Times New Roman'; font-size: 18pt; font-weight: bold;">Board Approval of Plan of Liquidation</div>
    </div>
    <div style="background-color: #FEFEFE;">
      <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">June 20, 2025</div>
    </div>
    <div style="background-color: #FEFEFE;">
      <div><br>
      </div>
    </div>
    <div style="background-color: #FEFEFE;">
      <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">BOSTON-- (<font style="color: #499ED6;">BUSINESS WIRE</font>) -- The China Fund, Inc. (NYSE: CHN)
        (the &#8220;Fund&#8221;) announced today that its Board of Directors (the &#8220;Board&#8221;) has approved a plan of liquidation and dissolution (the &#8220;Plan&#8221;) for the Fund. The Plan will be submitted to Fund stockholders for approval at a Special Meeting. The date of the
        Special Meeting and more detailed information about the proposed liquidation and Plan will be set forth in a proxy statement to be mailed to the Fund&#8217;s stockholders in the near future. The Board recommends that the Fund&#8217;s stockholders vote for the
        liquidation of the Fund at the Special Meeting.</div>
      <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">In determining to liquidate the Fund, the Board considered a variety of factors including, among others, prevailing geopolitical and market
        conditions, the size of the Fund, the trading volume of the Fund&#8217;s shares, the Fund&#8217;s discount to net asset value, and the availability of competing open-end products, such as exchange-traded funds. The Board also considered alternatives, including
        converting the Fund into an open-end management investment company. On balance, the Board determined that the liquidation of the Fund is in the best interests of the Fund and its stockholders.</div>
      <div><br>
      </div>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">The Fund intends to file a proxy statement with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) with respect to the proposal to liquidate
      the Fund. As noted, copies of the Fund&#8217;s proxy statement will also be mailed to each stockholder of record of the Fund. Upon receipt, stockholders are advised to read the Fund&#8217;s proxy statement as it will contain important information. Once filed
      with the SEC, the proxy statement will be available free of charge on the SEC website, <font style="color: #0563C1;"><u>www.sec.gov</u></font>.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">This press release may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the
      Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the Fund&#8217;s current plans and expectations, and are subject to risks and uncertainties that could cause actual results to differ materially from those
      described in the forward-looking statements. Additional information concerning such risks and uncertainties are contained in the Fund&#8217;s regulatory filings, which are available free of charge on the SEC&#8217;s website. An investment in the Fund involves
      risk, including loss of principal. Investment return and the value of shares will fluctuate. Any data and commentary provided in this press release are for informational purposes only.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">The Fund is a closed-end management investment company. The Fund&#8217;s investment manager is Matthews International Capital Management, LLC. For further
      information regarding the Fund, please call (888)-CHN-CALL or visit the Fund&#8217;s website at <font style="color: #0563C1;"><u>www.chinafundinc.com</u></font>. The information contained on the Fund&#8217;s
      website is not part of this press release. Copies of the Fund&#8217;s complete audited financial statements are available free of charge upon request.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';"><font style="font-weight: bold;">Investments involve risk, including possible loss of principal,</font>
      and an investment should be made with an understanding of the risks involved with owning a particular security or asset class.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">Interested parties are strongly encouraged to seek advice from qualified tax and financial experts regarding the best options for your particular
      circumstances.</div>
    <div style="text-align: justify; margin-bottom: 6pt; font-family: 'Times New Roman'; font-weight: bold;">Contact</div>
    <div style="text-align: justify; margin-bottom: 1pt; font-family: 'Times New Roman';">Julian Reid</div>
    <div style="text-align: justify; margin-bottom: 1pt; font-family: 'Times New Roman';">Chairman of the Board</div>
    <div style="text-align: justify; margin-bottom: 1pt; font-family: 'Times New Roman';">The China Fund, Inc.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman';">+44 7768 068200</div>
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