Media coverage about Aberdeen Greater China Fund (NYSE:GCH) has been trending positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aberdeen Greater China Fund earned a news sentiment score of 0.42 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 46.8333900378921 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Aberdeen Greater China Fund (NYSE GCH) opened at $12.42 on Tuesday. Aberdeen Greater China Fund has a 52 week low of $8.26 and a 52 week high of $12.79.
In other Aberdeen Greater China Fund news, major shareholder City Of London Investment Grou sold 20,000 shares of the firm’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $12.34, for a total transaction of $246,800.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 38.50% of the stock is currently owned by company insiders.
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Aberdeen Greater China Fund, Inc is a non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in listed equity securities of companies that are organized under the laws of, and have their principal place of business in, China and/or Hong Kong and/or Taiwan, and during their recent fiscal year derived at least 50% of their revenues or profits from goods produced or sold, investments made or services performed in China and/or Hong Kong and/or Taiwan or have at least 50% of their assets in China and/or Hong Kong and/or Taiwan.
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