Tranche Update on Morgan Stanley China A Share Fund, Inc.'s Equity Buyback Plan announced on December 7, 2023.
February 23, 2024 at 10:30 am IST
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From December 7, 2023 to February 20, 2024, the company has repurchased 4,342,176 shares for $63.13 million worth of shares. With this, the company has completed the repurchase of 4,342,176 for $63.13 million worth of shares under the buyback announced on December 7, 2023.
Morgan Stanley China A Share Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek capital growth. The Fund's investment objective is to seek capital growth by investing, under normal circumstances, at least 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. The Fund may invests up to 20% of its assets in other types of investments, including B-shares of companies listed on the Shanghai and Shenzhen Stock Exchanges, H-shares of companies incorporated in mainland China and listed on the Hong Kong Stock Exchange, shares of Red Chip companies with controlling Chinese shareholders that are incorporated outside mainland China and listed on the Hong Kong Stock Exchange, shares of China-related companies listed on the Hong Kong Stock Exchange, the Singapore Stock Exchange and other exchanges. The Fund's investment adviser is Morgan Stanley Investment Management Inc.
MORGAN STANLEY CHINA A SHARE FUND, INC. 
