Matthews China Dividend Fund

Portfolio Holdings: 31 March 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
Tencent Holdings, Ltd. Information Technology 14,800 773,566
Altaba, Inc. Information Technology 7,200 526,133
Ping An Insurance Group Co. of China, Ltd. H Shares Financials 49,500 503,953
China Petroleum & Chemical Corp. H Shares Energy 558,000 489,876
Postal Savings Bank of China Co., Ltd. H Shares Financials 700,000 439,991
WH Group, Ltd. Consumer Staples 371,500 396,041
Bank of China, Ltd. H Shares Financials 729,000 392,432
Guangdong Provincial Expressway Development Co., Ltd. B Shares Industrials 443,199 386,937
China Maple Leaf Educational Systems, Ltd. Consumer Discretionary 272,000 364,884
HKBN, Ltd. Telecom Services 295,758 348,964
Hua Hong Semiconductor, Ltd. Information Technology 176,000 348,888
HSBC Holdings PLC Financials 36,400 343,337
Fanhua, Inc. ADR Financials 12,100 334,850
China Gas Holdings, Ltd. Utilities 91,200 332,015
Sun Art Retail Group, Ltd. Consumer Staples 280,000 325,733
Shanghai International Airport Co., Ltd. A Shares Industrials 42,000 318,316
Shanghai Jin Jiang International Hotels Group Co., Ltd. H Shares Consumer Discretionary 770,000 315,257
China International Capital Corp., Ltd. H Shares Financials 148,400 297,829
CITIC Telecom International Holdings, Ltd. Telecom Services 996,000 288,160
Sun Hung Kai Properties, Ltd. Real Estate 18,000 284,608
China Mobile, Ltd. ADR Telecom Services 6,200 283,692
Greatview Aseptic Packaging Co., Ltd. Materials 413,000 277,854
Midea Group Co., Ltd. A Shares Consumer Discretionary 30,626 270,071
Shanghai Baosight Software Co., Ltd. B Shares Information Technology 138,616 249,370
NetEase, Inc. ADR Information Technology 900 249,219
Universal Medical Financial & Technical Advisory Services Co., Ltd. Health Care 279,500 243,793
CapitaLand Retail China Trust, REIT Real Estate 199,940 240,864
China Jinmao Holdings Group, Ltd. Real Estate 420,000 239,565
Crystal International Group, Ltd. Consumer Discretionary 218,500 220,222
Shanghai Bailian Group Co., Ltd. B Shares Consumer Staples 168,957 219,675
SITC International Holdings Co., Ltd. Industrials 215,000 213,681
Shanghai Mechanical and Electrical Industry Co., Ltd. B Shares Industrials 100,400 208,243
Dah Sing Financial Holdings, Ltd. Financials 32,800 207,406
Xiabuxiabu Catering Management China Holdings Co., Ltd. Consumer Discretionary 105,000 199,079
Sinopec Kantons Holdings, Ltd. Energy 392,000 193,299
Shandong Weigao Group Medical Polymer Co., Ltd. H Shares Health Care 288,000 191,923
Nissin Foods Co., Ltd. Consumer Staples 416,000 181,281
Nan Liu Enterprise Co., Ltd. Consumer Discretionary 33,000 180,523
China International Travel Service Corp., Ltd. A Shares Consumer Discretionary 19,500 166,970
Guangshen Railway Co., Ltd. H Shares Industrials 254,000 150,254
Heilan Home Co., Ltd. A Shares Consumer Discretionary 81,700 149,529
China National Accord Medicines Corp., Ltd. B Shares Health Care 32,254 147,906
China Aviation Oil Singapore Corp., Ltd. Energy 121,500 145,500
A-Living Services Co., Ltd. H Shares Industrials 95,500 138,964
PICC Property & Casualty Co., Ltd. H Shares Financials 74,000 129,686
Heilan Home Co., Ltd. A Shares Consumer Discretionary 66,798 122,606
Huaxin Cement Co., Ltd., B Shares Materials 90,699 122,104
Taiwan FamilyMart Co., Ltd. Consumer Staples 20,000 116,953
BBI Life Sciences Corp. Health Care 204,000 87,078
Sporton International, Inc. Industrials 15,150 83,681
Guangshen Railway Co., Ltd. ADR Industrials 600 17,755
Net Cash 272,670 272,670


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.