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BOSTON , Dec. 13, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of The China Fund, Inc. (the "Fund") has declared a distribution in the amount of $0.1497 per share. The distribution is comprised entirely of ordinary income. The dividend will be payable on January 10, 2025 , to stockholders of record on December 30, 2024 , with an ex-dividend date of December 30, 2024 . The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") in which each stockholder automatically participates, unless the stockholder instructs Computershare Trust Company, N.A. (the "Plan Agent"), in writing, to have all distributions, net of any applicable U.S. withholding tax, paid in cash. If the Fund's shares are trading at a premium to the net asset value ("NAV") per share of the Fund on the distribution payment date, the Plan provides that stockholders will be issued Fund shares valued at NAV. If the Fund's shares are trading at a discount to the NAV per share, stockholders will be issued shares of the Fund valued at market price. Stockholders will not be charged a fee in connection with the reinvestment of dividends or capital gains distributions. A stockholder may terminate his or her participation in the Plan by notifying the Plan Agent in writing at the address below. Stockholders who have questions regarding the distribution may contact EQ Fund Solutions, LLC at 1-888-CHN-CALL (246-2255). The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is in the People's Republic of China (" China "), or (ii) of companies for which the principal securities trading market is outside of China , or constituting direct equity investments in companies organized outside of China , that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China . While the Fund is permitted to invest in direct equity investments of companies organized in China , it presently holds no such investments. The Fund's shares are listed on the New York Stock Exchange under the ticker symbol "CHN." The Fund's investment manager is Matthews International Capital Management, LLC. For more information regarding the Fund and the Fund's holdings, please call 1-888-CHN-CALL (246-2255) or visit the Fund's website at www.chinafundinc.com . For more information about the Plan or to terminate your participation in the Plan, please contact Computershare Trust Company, N.A. at c/o The China Fund, Inc. at P.O. Box 43078, Providence, Rhode Island 02940-3078, by telephone at 1-800-426-5523 or via the Internet at www.computershare.com/investor . View original content: https://www.prnewswire.com/news-releases/the-china-fund-inc-declares-distributions-302331625.html SOURCE The China Fund, Inc.
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Share Tweet Share Share Email Cryptocurrency. The word alone gets people talking—whether it’s your buddy who just cashed out for a down payment on a house or your uncle who can’t stop rambling about “digital gold.” The world of crypto is more than just an internet buzzword; it’s a financial revolution that’s turning everyday people into savvy investors. With December 2024 bringing fresh opportunities, the best cryptos to buy now promise steady growth and jaw-dropping returns. Enter Qubetics ($TICS), a name that’s shaking up the game. This isn’t just another token in the market—it’s a movement. Right now, Qubetics is in Presale Phase 11, offering a chance to grab $TICS tokens for just $0.0282. Over 255 million tokens have already been sold, and $4.1 million has been raised, signalling major interest. With prices set to climb by 10% weekly and a post-presale price projection of $0.25, early investors are looking at a potential ROI of 783%. If you’re tired of waiting for the next big thing, this might just be it. But let’s not stop here—there are other contenders worth your attention this month. 1. Qubetics ($TICS): The 783% ROI Contender Let’s not beat around the bush—Qubetics is a beast. This isn’t just a cryptocurrency; it’s a full-on blockchain solution tackling the hurdles of scalability, speed, and accessibility. Imagine sending money across the globe in seconds without paying an arm and a leg in fees. That’s the world Qubetics is building. What makes it stand out? For starters, the presale numbers are bananas. With over 5,700 holders already in the fold, Qubetics is gaining traction faster than a meme coin on Twitter. And the timing? Perfect. If you’ve been hunting for the best cryptos to buy in December 2024, it’s hard to ignore the potential ROI here. 2. Bitcoin (BTC): The OG That Keeps Delivering Ah, Bitcoin—the granddaddy of crypto. Some folks like to call it “digital gold,” and honestly, they’re not wrong. Sure, it might not promise the wild ROI numbers of newer projects, but there’s a reason BTC still dominates the market. With institutional investors diving in and ETFs making Bitcoin even more accessible, the demand for BTC isn’t slowing down. Whether you’re looking to hold long-term or make a quick flip during its next rally, Bitcoin remains a staple for any serious crypto investor. 3. Ethereum (ETH): The Powerhouse of Innovation If Bitcoin is the king, Ethereum is the crown prince driving innovation. This blockchain does more than store value; it’s the backbone of smart contracts, DeFi, and NFTs. Every major trend in crypto over the last five years? Ethereum played a role. The Ethereum network continues to evolve, with upgrades like proof-of-stake making it faster and more energy-efficient. Plus, its ecosystem is massive, supporting thousands of projects that drive real-world use cases. When it comes to versatility and growth potential, ETH is a no-brainer on any list of the best cryptos to buy in December 2024. 4. Polygon (MATIC): The Layer-2 Star Let’s talk about scalability. Ethereum might be amazing, but it’s not always the fastest or cheapest. That’s where Polygon comes in. As a Layer-2 scaling solution, it makes Ethereum’s ecosystem more efficient, paving the way for smoother transactions and lower fees. Why is it hot right now? Big partnerships and increasing adoption. Polygon isn’t just a tech solution; it’s a thriving ecosystem of dApps, DeFi platforms, and gaming projects. If you’re looking for a token with real utility and promising ROI, MATIC is one to watch. 5. Ripple (XRP): The Comeback Kid Ripple has had its fair share of drama with regulators, but let’s be real—that’s part of what makes it exciting. With legal clarity finally emerging and Ripple’s focus on cross-border payments, XRP is back in the spotlight. This isn’t just speculation, either. Banks and financial institutions are actively using Ripple’s technology to revolutionize global payments. For investors, that means a crypto with a growing network of real-world adoption. If you’re looking for a coin that could surprise you with substantial ROI, Ripple might just be your dark horse. Why These Are the Best Cryptos to Buy in December 2024 Here’s the deal: The crypto market is crowded, but the winners are the ones solving real problems, building strong communities, and delivering results. From Qubetics’ game-changing blockchain solution to Ripple’s cross-border payment revolution, these five projects stand out for their potential to deliver impressive returns. Whether you’re a seasoned investor or a newbie, this list offers a mix of high-risk, high-reward opportunities (looking at you, Qubetics) and safer bets with steady growth (Bitcoin and Ethereum). The key is timing—act now while the market is buzzing and before these projects hit their next big milestones. Crypto isn’t just an investment; it’s a chance to be part of a financial revolution. If you’re ready to make a move, start by checking out the Qubetics presale—it’s a rare opportunity with massive upside. Don’t forget about the classics like Bitcoin and Ethereum or the rising stars like Polygon and Ripple. Based on the latest research, we recommend Qubetics ($TICS), Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), and Ripple (XRP) as the best cryptos to buy in December 2024 . What are you waiting for? Dive in! For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Related Items: Blockchain , Qubetics Share Tweet Share Share Email Recommended for you 5 Best Cryptos Experts Predict to Soar in 2024: Don’t Miss Out Blockchain-Based App Uses Wordle-Inspired Puzzles to Solve Private Keys How BTFD Coin Raised $150K in 24 Hours While Simon’s Cat’s $282M Market Cap and Goatseus Maximus’s $345M Trading Volume Keep Investors Hooked CommentsChina’s new trade war blow could be fatal for US’s ability to arm itself
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‘Bitter blow to protectionists’: Ex-Trump official ‘frozen out’ of second term: reportLA Clippers owner Steve Ballmer has helped to make the team one of the most valuable in sports, as the franchise value has skyrocketed. Over the years, the Los Angeles Clippers have been historically underwhelming in terms of the franchise’s history. It started from the early beginnings of the Buffalo Braves to a move out west becoming the San Diego Clippers. A move to Los Angeles in 1984 became the start of a brand new era for the franchise. Unfortunately, being known as LA’s “other team” didn’t look good for the franchise for a long time, especially with its previous ownership. However, ever since the Steve Ballmer era began with the Clippers ten years ago, it all changed. LA Clippers Value Makes Shocking Leap in 2024 In December, Forbes released its annual list titled “The World’s 50 Most Valuable Sports Teams.” This list ranks all professional sports teams by their worth, looking at who the ownership groups are, and where they stood last year. Once again, the Dallas Cowboys claimed the top spot as the most valuable franchise, thanks to Jerry Jones and a $10.1 billion value. The NBA significantly raised their stock, claiming 12 of the top 50 spots, with the Clippers being one of them. Forbes stated that the NBA’s average value per team is about $4.4 billion. It could be thanks to the massive broadcasting deals that the league will soon begin. It may not help with the statistical decline in viewership, which is another story. For the Clippers themselves, the value has only exceeded expectations. With a new identity in the franchise and after 25 years of being in the shadows of the Los Angeles Lakers, a new home in Inglewood has exponentially brought the ball club’s value up. The @LAClippers were listed as the 22nd most valuable sports team in the world tied w/ the denver broncos & 1 spot above the Los Angeles Dodgers via Forbes. Clippers were 45th in 2023. LAC was listed as the 5th most valuable franchise in the NBA in 2024. https://t.co/nKqZ8CdsCQ pic.twitter.com/lwNasD6MC1 — Jamal Cristopher (@JamCristopher) December 15, 2024 What A Difference One Year Makes The Los Angeles Clippers are listed in a tie for 22nd with a value of $5.5 billion, along with the NFL’s Denver Broncos. With an incredible increase compared to last year’s value of $3.9 billion, where they ranked 45th in the world, there are a couple of factors that shaped the Clips to get to their current value. That include their brand new arena in Inglewood, the Intuit Dome. With similarities to SoFi Stadium across the street, the Intuit Dome has been seen in basketball as a stadium of the future, with the amount of unique features and advanced technology being used across the arena. Another factor is the team’s growth throughout the years and ability to spend, which doesn’t hurt Steve Ballmer’s pockets much at all when it comes to the luxury taxes. This past season, LA paid over $200 million in salaries and over $140 million in taxes, ranking second behind its California counterpart in the Golden State Warriors. Notable players such as Kawhi Leonard , Paul George , James Harden , and Russell Westbrook throughout the past few years marketed the Clippers as a team to root for. Not just around LA or California, but as an increasing fan base across the country and the world. Sportico also conducted a list of their own when it came to the most valuable teams in the NBA. LA cracked into the top five in the league with a $5.68 billion value, increasing 25% from last year’s number. It is just a bit higher than what Forbes calculated, but nonetheless, the Clippers are showing the league how valuable their franchise is. Thank You, Steve Ballmer! All thanks, or at least the majority of gratitude, should go to Los Angeles Clippers owner Steve Ballmer. People can tell that there has been a culture change since Ballmer took over the franchise a decade ago. The vibes have been through the roof and exciting times are ahead when it comes to the Clippers. It has shown how the value of the LA Clippers will continue to climb in the future. With a brand new home to play in and this new identity when it came to rebranding the team, Ballmer wants to show that it is a brand new era in Los Angeles Clippers history. This article first appeared on Last Word On Sports and was syndicated with permission.Ange Postecoglou fights on as Tottenham return to scene of Antonio Conte rant
Ange Postecoglou fights on as Tottenham return to scene of Antonio Conte rantBears general manager Ryan Poles got it wrong on Matt Eberflus — multiple times — and looked like someone who was still reeling from it as he sat next to his boss Monday. While team president Kevin Warren proclaimed the rebound from firing Eberflus a momentous occasion, Poles was listening to him hammer the biggest hire of his career. “We just came up short too many times and we had to make a change,” Poles conceded. Poles whiffed three times on Eberflus. Perhaps he deserves grace for the first, which was hiring him in January 2022. The Bears started interviewing candidates weeks before they hired Poles and appeared to have already selected finalists without him. He said he had freedom to restart the whole process and chose Eberflus independently, but there was at least indirect influence from chairman George McCaskey’s five-man committee as Poles hired Eberflus two days after he got the job. The bigger misjudgment was keeping Eberflus after the 2023 season. Poles drew overinflated optimism from the defensive uptick and 5-3 record in the second half and didn’t realize the Bears’ epic collapses then were an omen of more to come under Eberflus. In his quest to get everything right in onboarding No. 1 pick Caleb Williams, a quarterback he believed would be a franchise-changer, he missed terribly in retaining Eberflus and hiring offensive coordinator Shane Waldron. Poles was heavily involved with Eberflus in choosing Waldron, who was fired after nine games, and gave little explanation for the error Monday. Strike three for Poles came when they canned Waldron after losing to the Patriots on Nov. 10. Eberflus should’ve gone, too. He was 14-29 then, had multiple flubs on the field and at the podium, had three coordinators exit and was spiraling in the wake of miscues at the end of the Commanders game. Plus, players had been voicing complaints about coaching since September. The Bears were 4-5. The season still could’ve been saved. They lost three more games, and now it’s cooked. “It’s hard to go back and figure out if everything would’ve been different,” Poles said of firing Eberflus earlier. “There’s times where you’ve got to see what the issues are... and [are they] repetitive enough to make a move at that time? “We started going down this recent path where things started getting a little bit more repetitive, and that’s when we got together and had that conversation.” But anyone could’ve taken that approach. NFL general managers need to see trouble coming and avoid it, and Poles absolutely had enough datapoints after two-plus seasons to move more quickly. Poles was in Detroit when the consequences of his inaction materialized, first on the field as Eberflus botched the clock and cost the Bears a chance to at least force overtime, then in the locker room. He saw the players’ backlash toward Eberflus, which had been bubbling for weeks, erupt to the point of no return. His overarching responsibility now is to see the future more clearly than he did with Eberflus. While Warren cemented his job as safe for the upcoming offseason, there’s no guarantee beyond that. They’ll lead the search together, but Warren was clear to put the onus on Poles to make the final call. If Poles gets it wrong on the next coach, they’re probably leaving together. That possibility presents something he and Warren must navigate with coaching candidates who will be cautious about stepping into the instability of potentially mismatched timelines. “We’re open to talk through that,” Poles said. “That shouldn’t be an issue at all.” It won’t be that simple. Coveted candidates have options, and they’ll be eager to know exactly how shaky this one is. The higher someone moves up the ladder, the more responsibility they encounter. Eberflus proved his job was too much for him. Poles is facing his last shot to show that’s not true of him.
DDG Calls Out Gossip Blogs As Recent Comments About Halle Bailey Were Chopped Out Of ContextAnge Postecoglou fights on as Tottenham return to scene of Antonio Conte rantWall Street stocks finished a lackluster week on a muted note Friday as concerns about rising Treasury bond yields competed with enthusiasm over artificial intelligence equities. Of the major indices, only the Nasdaq mustered a gain in Friday's session. The tech-rich index was also the only of the three leading US benchmarks to conclude the week higher. "Equities are kind of treading water," said LBBW's Karl Haeling. "A negative influence to some extent is the rise in bond yields." The latest US consumer price index data released this week showed prices ticked higher in November and the wholesale data also showed stubborn inflationary pressures. "Yields rose to their highest levels in over two weeks as markets brace for the Federal Reserve's final meeting of the year, reflecting concerns over sticky inflation," said Chris Beauchamp, chief market analyst at online trading platform IG. There is also growing concern over the inflationary pressures from President-elect Donald Trump's pledges to cut taxes and impose tariffs, as inflation still stands above the Fed's target. "While the markets still anticipate a rate cut from the Federal Reserve next week, the likelihood of a move in January has dropped," said Patrick Munnelly, partner at broker Tickmill Group. The CME FedWatch tool shows the market sees a more than 75 percent chance that the Fed will hold rates steady in January. In Europe, the Paris CAC 40 index ended the day down 0.2 percent after French President Emmanuel Macron named his centrist ally Francois Bayrou as prime minister, ending days of deadlock over finding a replacement for Michel Barnier. Frankfurt also dipped, with Germany's central bank sharply downgrading its growth forecasts on Friday for 2025 and 2026. It predicted a prolonged period of weakness for Europe's biggest economy. London stocks were also lower after official data showed that the UK economy unexpectedly shrank for the second consecutive month in October. The euro recovered after flirting with two-year lows against the dollar following a warning Thursday by ECB president Christine Lagarde that the eurozone economy was "losing momentum", cautioning that "the risk of greater friction in global trade could weigh on euro area growth". In Asia, Hong Kong and Shanghai both tumbled as investors were unimpressed with Beijing's pledge to introduce measures aimed at "lifting consumption vigorously" as part of a drive to reignite growth in the world's number two economy. President Xi Jinping and other key leaders said at the annual Central Economic Work Conference they would implement a "moderately loose" monetary policy, increase social financing and reducing interest rates "at the right time". The gathering came after Beijing in September began unveiling a raft of policies to reverse a growth slump that has gripped the economy for almost two years. "We're still not convinced that policy support will prevent the economy from slowing further next year", said Julian Evans-Pritchard, head of China economics at research group Capital Economics. Among individual equities, chip company Broadcom surged nearly 25 percent after reporting a 51 percent jump in quarterly revenues to $14.1 billion behind massive growth in AI-linked business. New York - Dow: DOWN 0.2 percent at 43,828.06 (close) New York - S&P 500: FLAT at 6,051.09 (close) New York - Nasdaq Composite: UP 0.1 percent at 19,926.72 (close) London - FTSE 100: DOWN 0.1 percent at 8,300.33 (close) Paris - CAC 40: DOWN 0.2 percent at 7,409.57 (close) Frankfurt - DAX: DOWN 0.1 percent at 20,405.92 (close) Tokyo - Nikkei 225: DOWN 1.0 percent at 39,470.44 (close) Hong Kong - Hang Seng Index: DOWN 2.1 percent at 19,971.24 (close) Shanghai - Composite: DOWN 2.0 percent at 3,391.88 (close) Euro/dollar: UP at $1.0504 from $1.0467 on Thursday Pound/dollar: DOWN at $1.2622 from $1.2673 Dollar/yen: UP at 153.60 yen from 152.63 yen Euro/pound: UP at 83.19 pence from 82.59 pence Brent North Sea Crude: UP 1.5 percent at $74.49 per barrel West Texas Intermediate: UP 1.8 percent at $71.29 per barrel burs-jmb/st
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HUNTSVILLE, Ala. (AP) — Alabama A&M fired football coach Connell Maynor after seven seasons on Monday. Athletic director Paul A. Bryant announced the decision in a statement. The Bulldogs went 6-6 this season, including a 4-4 Southwestern Athletic Conference mark, and won three straight games before a season-ending loss to Florida A&M. Maynor finished 40-32 at Alabama A&M, including a 28-21 SWAC record. Maynor led Alabama A&M to its first SWAC championship in 15 years during the shortened 2021 season that played in the spring. The Bulldogs went 5-0 and beat Arkansas-Pine Bluff 40-33 to claim the program's second SWAC football title. Maynor is a former Arena Football League player who played quarterback for Winston-Salem State and North Carolina A&T. The program suffered a tragedy when linebacker Medrick Burnett Jr. died last week from an injury sustained during the annual Magic City Classic against in-state rival Alabama State on Oct. 26. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballPredators aim to energize offense vs. surging Maple LeafsNone