Matthews China Fund

Portfolio Holdings: 30 June 2018

This portfolio data should not be relied upon as a complete listing of this Fund's holdings, as information on a particular holding may be withheld if it is in the Fund's best interest to do so.


Security Sector Shares Value
Alibaba Group Holding, Ltd. ADR Information Technology 11,300 2,137,658
Tencent Holdings, Ltd. Information Technology 42,100 2,107,694
China Construction Bank Corp. H Shares Financials 948,340 872,986
Baidu, Inc. ADR Information Technology 3,300 802,467
Agricultural Bank of China, Ltd. H Shares Financials 1,721,000 802,399
Industrial & Commercial Bank of China, Ltd. H Shares Financials 1,073,000 800,526
AIA Group, Ltd. Financials 81,800 713,735
Ping An Insurance Group Co. of China, Ltd. H Shares Financials 74,000 679,090
China Life Insurance Co., Ltd. H Shares Financials 258,000 664,302
China National Building Material Co., Ltd. H Shares Materials 612,250 604,228
China Petroleum & Chemical Corp. H Shares Energy 674,000 600,594
Chinasoft International, Ltd. Information Technology 702,000 547,560
Zhongsheng Group Holdings, Ltd. Consumer Discretionary 176,000 528,592
Sino Biopharmaceutical, Ltd. Health Care 301,500 462,655
China Everbright International, Ltd. Industrials 352,000 453,889
Brilliance China Automotive Holdings, Ltd. Consumer Discretionary 244,000 440,348
Inner Mongolia Yili Industrial Group Co., Ltd. A Shares Consumer Staples 94,620 398,037
Yanzhou Coal Mining Co., Ltd. H Shares Energy 280,000 365,312
China Resources Land, Ltd. Real Estate 108,000 363,135
MMG, Ltd. Materials 508,000 354,420
YY, Inc. ADR Information Technology 3,300 341,429
Angel Yeast Co., Ltd. A Shares Consumer Staples 62,817 338,806
CITIC Securities Co., Ltd. H Shares Financials 165,000 328,881
Hong Kong Exchanges & Clearing, Ltd. Financials 10,800 323,997
Wuliangye Yibin Co., Ltd. A Shares Consumer Staples 26,600 304,861
Baozun, Inc. ADR Information Technology 5,500 301,509
SJM Holdings, Ltd. Consumer Discretionary 236,000 293,213
SINA Corp. Information Technology 3,400 284,010
China International Capital Corp., Ltd. H Shares Financials 153,600 273,521
JD.com, Inc. ADR Consumer Discretionary 7,000 273,504
Beijing Enterprises Water Group, Ltd. Utilities 478,000 260,744
Shangri-La Asia, Ltd. Consumer Discretionary 128,000 240,791
Ping An Healthcare and Technology Co., Ltd. Health Care 37,200 237,059
Times China Holdings, Ltd. Real Estate 158,000 234,398
Gree Electric Appliances, Inc. of Zhuhai A Shares Consumer Discretionary 32,700 232,317
China Mobile, Ltd. Telecom Services 25,500 226,327
ASM Pacific Technology, Ltd. Information Technology 17,700 223,784
Midea Group Co., Ltd. A Shares Consumer Discretionary 28,400 223,722
51job, Inc. ADR Industrials 2,300 217,988
China Shenhua Energy Co., Ltd. H Shares Energy 90,000 213,098
KWG Property Holding, Ltd. Real Estate 165,000 207,042
China Longyuan Power Group Corp., Ltd. H Shares Utilities 254,000 204,595
China Jushi Co., Ltd. A Shares Materials 114,423 176,450
Beijing New Building Materials PLC A Shares Industrials 60,474 169,046
CIFI Holdings Group Co., Ltd. Real Estate 222,000 140,964
China Gas Holdings, Ltd. Utilities 32,800 131,891
Han's Laser Technology Industry Group Co., Ltd. A Shares Industrials 13,900 111,577
Net Cash 502,630 502,630


The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other investments.

Portfolio holdings are subject to change without notice and may not represent current or future portfolio composition.

Investors should ascertain from their professional advisers the consequences of investing in the Fund under the relevant laws of the jurisdictions to which they are subject, including the tax consequences and any exchange control requirement. Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before making an investment decision. The current prospectus contains this and other information. Applications for shares may only be made on the Fund’s most recent prospectus which is available at global.matthewsasia.com. Please read the prospectus carefully before investing.