Press coverage about Aberdeen Greater China Fund (NYSE:GCH) has trended positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aberdeen Greater China Fund earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 46.8333900378921 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Aberdeen Greater China Fund (NYSE GCH) opened at $12.42 on Tuesday. Aberdeen Greater China Fund has a 12 month low of $8.26 and a 12 month high of $12.79.
In other news, major shareholder City Of London Investment Grou sold 16,629 shares of the company’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $12.16, for a total transaction of $202,208.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 38.50% of the company’s stock.
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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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