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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abrdn China Investment Company Limited | LSE:ACIC | London | Ordinary Share | GG00B45L2K95 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.0% | 442.00 | 8,588 | 16:25:22 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 442.00 | 446.00 | 442.00 | 442.00 | 442.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Unit Inv Tr, Closed-end Mgmt | -138.34M | -140.95M | -3.0319 | -1.46 | 205.49M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:01 | UT | 2,000 | 442.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 30/11/2023 | 12:40 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
| 29/11/2023 | 12:24 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
| 28/11/2023 | 12:58 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
| 28/11/2023 | 09:25 | ALNC |  Fidelity China to absorb abrdn China to create GBP1.2 billion investor |
| 28/11/2023 | 07:00 | UKREG | abrdn China Investment Company Ltd. Proposal for Reconstruction & Voluntary.. |
| 27/11/2023 | 12:48 | UKREG | abrdn China Investment Company Ltd. Gearing disclosure |
| 27/11/2023 | 12:07 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
| 24/11/2023 | 12:22 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
| 23/11/2023 | 11:56 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
| 22/11/2023 | 13:13 | UKREG | abrdn China Investment Company Ltd. Net Asset Value(s) |
Abrdn China Investment (ACIC) Share Charts1 Year Abrdn China Investment Chart |
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1 Month Abrdn China Investment Chart |
Intraday Abrdn China Investment Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 07/12/2021 | 16:24 | abrdn China | 9 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 01/12/2023 08:20 by Abrdn China Investment Daily Update Abrdn China Investment Company Limited is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker ACIC. The last closing price for Abrdn China Investment was 442p.Abrdn China Investment currently has 46,490,077 shares in issue. The market capitalisation of Abrdn China Investment is £205,486,140. Abrdn China Investment has a price to earnings ratio (PE ratio) of -1.46. This morning ACIC shares opened at 442p |
Posted at 17/11/2021 11:29 by bench2 Thanks Rambutan2 , when fully invested I see no reason for ACIC to remain on a double figure discount . The 3 other China Inv Co's ( BG , Fidelity , JPM ) are all on circa 3-5% discounts to NAV . ACIC too cheap |
Posted at 16/11/2021 22:11 by rambutan2 Noted:Update on Portfolio Allocation This announcement follows up on the statement made by the Chairman on 9 November 2021 following the completion of the scheme of reconstruction (the " Scheme") of Aberdeen New Thai Investment Trust ("ANW" or "New Thai") that the Company would provide an update on its portfolio allocation in the next few days. Since the Scheme completed on 9 November over GBP100m has been invested in Chinese equities, taking the exposure to the country to almost 77% of net assets. This figure is expected to exceed 90% by the end of November. Uninvested cash currently represents around 10% of net assets. |
Posted at 09/11/2021 21:09 by rambutan2 Noted:Following the implementation of the Tender Offer and the Scheme the total number of Ordinary Shares with voting rights in the Company will be 46,624,826. Commenting on the Scheme, Mark Hadsley-Chaplin, Chairman of ACIC said: "As of the close of 8th November 2021, the Managers have made significant progress in the realignment of the Company's portfolio and around 55% of the portfolio is now exposed to Chinese equities. The Company expects to receive a further cGBP62m of assets from Aberdeen New Thai Investment Trust later today. The Company will make a further announcement on the portfolio allocation in the next few days. |
Posted at 09/11/2021 21:06 by rambutan2 Completion of Scheme of Reconstruction and Issue of New SharesFurther to the announcement of the proposed combination with Aberdeen New Thai Investment Trust PLC on 30 July 2021, the announcement of the publication of the Prospectus and Circular on 4 October 2021 and the announcement of the results of the Tender Offer on 3 November 2021, the Company announces that the scheme of reconstruction (the "Scheme") of Aberdeen New Thai Investment Trust ("ANW" or "New Thai") has today been approved by the shareholders of New Thai. As a result, the Company will acquire approximately GBP62 million of net assets from New Thai in consideration for the issue of 7,554,440 New Ordinary Shares in the Company. The number of New Ordinary Shares to be issued was calculated on the basis of a FAV per Ordinary Share of 821.177642p and a FAV per ANW Share of 456.537482p, resulting in a FAV:FAV ratio of 0.5559540 calculated in accordance with the Circular to Shareholders dated 4 October 2021. FAV and Tender Price The Company's unaudited Net Asset Value as at close of business on 4 November 2021, being the Calculation Date for the purposes of the FAV, was 818.53 pence per Ordinary Share. Accordingly, the FAV is 821.177642 pence per Ordinary Share and the Tender Price is 801.92377 pence per Ordinary Share, both as calculated in accordance with the Circular sent to Shareholders on 4 October 2021. A total of 6,894,773 Ordinary Shares will be repurchased by the Company on 10 November 2021 under the Tender Offer and held in treasury. It is expected that payments will be made in respect of successfully tendered uncertificated Ordinary Shares on 10 November 2021 and that payments will be made in respect of successfully tendered certificated Ordinary Shares during the week commencing 15 November 2021. |
Posted at 05/11/2021 16:22 by rambutan2 The AEMC tender results are in the post above, and the ANW results were out today:Result of Elections In connection with the proposals for a combination of the assets of Aberdeen New Thai Investment Trust PLC (the "Company") with abrdn China Investment Company ("ACIC") (formerly Aberdeen Emerging Markets Investment Company Limited ("AEMC")) by means of a scheme of reconstruction and winding up of the Company under section 110 of the Insolvency Act 1986 (the "Scheme"), the Company is pleased to announce that the following elections (including deemed elections) have been received in connection with the Scheme: Rollover Option: 4,369,845 Shares Cash Option: 11,616,724 Shares The Cash Option, which is limited to 15 per cent. of the Shares in issue, was therefore oversubscribed. Accordingly, the Basic Entitlement of all Shareholders who have validly elected or deemed to have elected for the Cash Option will be accepted in full and Excess Applications for the Cash Option will be scaled back into New AEMC Shares (now ACIC shares) on a pro rata basis. Excess Applications will be satisfied to the extent of approximately 2.9236490 per cent. of the excess Applications made In accordance with the Scheme, eligible Shareholders that made no Election have been deemed to have elected for the Rollover Option. Accordingly, after scaling back Excess Applications, 85.0 per cent. of the Company's Shares will rollover into ACIC (formerly AEMC), with the balance receiving the Cash Option. Therefore, the Shares will be reclassified as follows: 13,588,584 Shares with "A" rights, being the right to receive New AEMC Shares (now ACIC shares); and 2,397,985 Shares with "B" rights, being the right to receive cash. The amendment to the listing of the Shares into Reclassified Shares has been requested and is expected to commence at 8:00 a.m. on 8 November 2021, and the listing in the Reclassified Shares is subsequently expected to be suspended at 7:30 am on 9 November 2021. |
Posted at 05/11/2021 03:38 by rambutan2 Results of Tender Offer (of AEMC)Further to the announcement of the proposed Tender Offer on 30 July 2021 and the announcement of the publication of the Prospectus and Circular on 4 October 2021, the Board of abrdn China Investment Company Limited announces that a total of 43,351,363 Shares, being 94.3 per cent. of the Company's Shares in issue (excluding treasury shares) as at 1 November 2021, were validly tendered under the Tender Offer. As a result, the Tender Offer which was limited to 15 per cent. of the Company's Shares in issue (excluding treasury shares) was oversubscribed. The Basic Entitlement of all Shareholders who have validly tendered their Shares will be accepted in full and excess tenders will be satisfied to the extent of approximately 0.48 per cent. of the excess Shares tendered. A total of 6,894,773 Shares will be repurchased by the Company on 10 November 2021 under the terms of the Tender Offer and either held in treasury or cancelled. It is expected that payments will be made in respect of successfully tendered uncertificated Shares on or around 10 November 2021 and that payments will be made in respect of successfully tendered certificated Shares in the week commencing 15 November 2021. In accordance with the timetable for the tender offer set out in the Prospectus and Circular published on 4 October 2021 the tender price will be announced on 9 November 2021. |
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