| Templeton Dragon Fund, Inc. Announces Upcoming Portfolio Management Change |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--TEMPLETON DRAGON FUND, INC. (NYSE: TDF) (the “Fund”) today announced that Tony Sun, Assistant Portfolio Manager within Templeton Global Investments – Emerging Markets Equity investment team, will be added as a portfolio manager to the Fund's portfolio management team, effective April 30, 2025. Sun will be joining Nicholas Chui and Eric Mok, portfolio managers of the Fund, who will remain members of the portfolio management team. Based in Hong Kong, Mr. Su. |
businesswire.com |
2025-04-30 13:00:00 |
Czytaj oryginał (ang.) |
| Templeton Dragon Fund, Inc. (“TDF”) Announces Notification of Sources of Distributions |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund [NYSE: TDF] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund's estimated sources of the distribution to be paid on March 31, 2025, and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for March Quarterly Distribution: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-Term Capital Gains Return. |
businesswire.com |
2025-03-28 14:38:00 |
Czytaj oryginał (ang.) |
| Templeton Dragon Fund, Inc. (“TDF”) Announces Distribution |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a quarterly distribution from net investment income of $0.10 per share, payable on March 31, 2025, to shareholders of record on March 17, 2025 (Ex-Dividend Date: March 17, 2025). The Fund's Board of Trustees (the “Board”) has authorized a Managed Distribution Plan (the “Plan”), under which the Fund will make quarterly distributions to shareholders at a fixed rate of $0.10 per share. The Plan aims to. |
businesswire.com |
2025-03-07 15:17:00 |
Czytaj oryginał (ang.) |
| TDF: Buy Chinese AI Companies At A Discount |
Chinese tech stocks have surged due to the DeepSeek AI engine, boosting the Templeton Dragon Fund Inc. by over 26% despite China's sluggish economy. The fund's large structural discount to NAV, currently at -16%, is expected to narrow as underlying holdings improve and share repurchase programs are implemented. Templeton Dragon Fund's initiatives, including a share repurchase program and management fee reduction, aim to reduce the discount and benefit shareholders. |
seekingalpha.com |
2025-03-01 03:47:00 |
Czytaj oryginał (ang.) |
| China's Stalling Credit Market Signals an Era Of Stagnation |
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why households prefer paying down debts while companies borrow less. |
seekingalpha.com |
2024-08-19 14:18:45 |
Czytaj oryginał (ang.) |
| China's Key Growth Indicators Continue To Present A Case For Further Policy Easing |
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% MoM drop in June. |
seekingalpha.com |
2024-08-15 15:45:00 |
Czytaj oryginał (ang.) |
| China's Sluggish May Economic Data To Increase Calls For Rate Cuts |
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and the start of rate cuts in other central banks such as the European Central Bank and Bank of Canada, the odds of a PBoC rate cut in the coming months have risen. |
seekingalpha.com |
2024-06-17 16:10:00 |
Czytaj oryginał (ang.) |
| China Accelerates Policy Support Rollout Amid Mixed Data |
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular. |
seekingalpha.com |
2024-06-08 18:30:00 |
Czytaj oryginał (ang.) |
| CEF Insights: China's Market Transition And Long-Term Opportunities |
China's equity market struggled in 2022 and 2023, but the consumer market continues to broaden and develop. |
seekingalpha.com |
2024-05-15 03:56:31 |
Czytaj oryginał (ang.) |
| TDF: China Equities CEF With A Large Discount To NAV |
China has taken measures to stimulate its economy and stem the rout in Chinese equities via both fiscal and monetary stimulus, contrasting with the US' restrictive monetary policy. China's slow recovery is showing positive signs, with Q1 2024 GDP growth exceeding expectations. Chinese tech companies like Alibaba are trading at all-time lows in terms of price and P/E ratios, presenting potential investment opportunities. |
seekingalpha.com |
2024-04-17 17:32:57 |
Czytaj oryginał (ang.) |
| China's Economy Is Not In A Great Decline But A Great Transition |
China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive. |
seekingalpha.com |
2024-03-27 11:15:00 |
Czytaj oryginał (ang.) |
| PBOC Held Rates Steady In March |
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China before global central banks start to cut rates. |
seekingalpha.com |
2024-03-15 07:05:00 |
Czytaj oryginał (ang.) |
| The Month In Closed-End Funds: February 2024 |
For the third month in four, equity CEFs (+1.81%) witnessed gains while their fixed income CEF (+0.52%) counterparts for the fourth month in a row posted plus-side returns. |
seekingalpha.com |
2024-03-08 13:39:15 |
Czytaj oryginał (ang.) |
| Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets |
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included. |
seekingalpha.com |
2024-02-21 04:09:00 |
Czytaj oryginał (ang.) |
| Why China May Need To Do More To Boost Investor Confidence |
Why China May Need To Do More To Boost Investor Confidence |
seekingalpha.com |
2024-02-07 19:07:00 |
Czytaj oryginał (ang.) |
| China Begins Year Of The Dragon With Weak Economic Momentum |
The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter rose from 4.9% year-on-year to 5.2%, bringing 2023 full-year growth to 5.2% YoY, exceeding the 5% growth target set at last year's Two Sessions. |
seekingalpha.com |
2024-02-07 09:08:00 |
Czytaj oryginał (ang.) |
| China Growth Could Slow Amid Limited Policy Options |
While recent policy announcements and data surprises have generated some optimism, we maintain a cautious stance on China's economic prospects. We believe weak consumption trends, a downbeat labor market and continuing property sector headwinds should all weigh on the economy in the coming quarters. |
seekingalpha.com |
2024-02-03 10:48:00 |
Czytaj oryginał (ang.) |
| China Outlook: Market Rescue Welcomed, But More Needed |
In response to the recent China equity market rout, policymakers vowed last week to stabilize the market through more forceful measures. Despite a very positive initial market reaction (an 8% rebound in three days), deeper fundamental issues such as deflationary risks and lack of demand remain key concerns for China's economy. |
seekingalpha.com |
2024-02-03 02:40:00 |
Czytaj oryginał (ang.) |
| Restarting China's Economic Growth |
China's government is finally moving to stimulate the economy after its sluggish post-COVID reopening. |
seekingalpha.com |
2024-01-25 00:15:00 |
Czytaj oryginał (ang.) |
| China Canary Warns About Global Economy And The Downside To Euphoria |
Chinese stock prices have lost money in the 16 years since 2007 and are now back near 2005 levels. Chinese treasury bonds have rallied sharply as beaten-up capital capitulates out of riskier markets and back to the relative safety of government bonds. |
seekingalpha.com |
2024-01-23 17:15:00 |
Czytaj oryginał (ang.) |
| Templeton Dragon Fund, Inc. (“TDF”) Announces Final Results of Tender Offer |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund [NYSE: TDF] (the “Fund”) today announced the final results of its issuer tender offer to purchase for cash up to 8,451,035 of its common shares, representing 25% of its issued and outstanding common shares. The Tender Offer, which expired at 5:00 p.m. New York City time, on Wednesday, December 20, 2023, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from a. |
businesswire.com |
2023-12-27 19:00:00 |
Czytaj oryginał (ang.) |
| Templeton Dragon Fund, Inc. (“TDF”) Announces Expiration of Self-Tender Offer |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund [NYSE: TDF] (the “Fund”), today announced the preliminary results of its issuer tender offer to purchase for cash up to 8,451,035 of its common shares, representing 25% of its issued and outstanding common shares. The tender offer expired at 5:00 p.m. New York City time, on Wednesday, December 20, 2023. Based on current information, approximately 23,989,011 common shares, or approximately 70.96% of the Fund's common shares outstandin. |
businesswire.com |
2023-12-21 11:01:00 |
Czytaj oryginał (ang.) |
| TDF: Tender Offer Is Live |
Templeton Dragon Fund has commenced an issuer tender offer to purchase up to 25% of its common shares at 98% of NAV. The tender offer is a generous one and originates from City of London Investment Management Company instead of the usual activist players. CLIM holds a significant stake in TDF and has made a deal with management to secure the tender offer. |
seekingalpha.com |
2023-12-18 06:45:22 |
Czytaj oryginał (ang.) |
| Consider This: Is India The New China? |
India's potential for economic growth lies in its young population, business-friendly reforms, and technology sectors. To unlock this potential, India needs long-term policies to address structural constraints and short-term infrastructure investments. |
seekingalpha.com |
2023-12-09 09:15:00 |
Czytaj oryginał (ang.) |