Company: CAF
Filing Date: 2025-08-26
Form Type: N-CSRS
Source: 0001104659-25-082944
Chunk: 16

Company: Morgan Stanley China A Share Fund, Inc.
Filing Date: 2025-08-26
Form: N-CSRS
Chunk 16
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 may change at any time.

As permitted by the Fund's offering prospectus, on June 19, 2007, the Directors approved a share repurchase program for purposes of enhancing stockholder value and reducing the discount at which the Fund's shares trade from their NAV. During the six months ended June 30, 2025, the Fund repurchased 188,510 of its shares at an average discount of

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Morgan Stanley China A Share Fund, Inc.

June 30, 2025 (unaudited)

Notes to Financial Statements (cont'd)

17.56% from NAV. Since the inception of the program, the Fund has repurchased 551,432 of its shares at an average discount of 18.40% from NAV. The Directors regularly monitor the Fund's share repurchase program as part of their review and consideration of the Fund's premium/discount history. The Fund may only repurchase its outstanding shares at such time and in such amounts as it believes will further the accomplishment of the foregoing objectives and subject to review by the Directors and the Fund's ability to repatriate capital gains and income out of China. At June 30, 2025, the Fund had record owners of 10% or greater. Investment activities of these shareholders could have a material impact on the Fund. The aggregate percentage of such owners was 60.4%. H. Results of Annual Meeting of Stockholders:On June 25, 2025, an annual meeting of the Fund's stockholders was held for the purpose of voting on the following matter, the results of which were as follows: Election of Directors by all stockholders:

|                      |     | For |            |     | Against |         |
| Frank L. Bowman      |     |     | 13,794,202 |     |         | 885,944 |
| Richard G. Gould III |     |     | 13,800,617 |     |         | 879,529 |
| Eddie A. Grier       |     |     | 13,794,740 |     |         | 885,406 |
| Manuel H. Johnson    |     |     | 13,792,852 |     |         | 887,294 |

I. Market Risk:The value of an investment in the Fund is based on the values of the Fund's investments, which change due to economic and other events that affect the U.S. and global markets generally, as well