Matthews Asia Small Companies Fund

Portfolio Holdings: 9/30/2018

Security Country Sector Shares Value
Vitasoy International Holdings, Ltd. China/Hong Kong Consumer Staples 2,806,000 9,569,056
SUNeVision Holdings, Ltd. China/Hong Kong Information Technology 12,969,000 8,743,936
Silergy Corp. China/Hong Kong Information Technology 485,000 8,736,384
Sunny Friend Environmental Technology Co., Ltd. Taiwan Industrials 1,106,000 8,075,024
Shanghai Haohai Biological Technology Co., Ltd. H Shares China/Hong Kong Health Care 1,145,800 7,822,404
China Aviation Oil Singapore Corp., Ltd. China/Hong Kong Energy 5,913,500 6,617,125
D&O Green Technologies BHD Malaysia Information Technology 30,038,000 6,553,880
BBI Life Sciences Corp. China/Hong Kong Health Care 18,085,500 6,512,217
Merck, Ltd. India Health Care 177,217 6,336,932
PT Bank Tabungan Pensiunan Nasional Indonesia Financials 25,182,200 6,319,031
AIA Engineering, Ltd. India Industrials 250,246 6,140,781
GRUH Finance, Ltd. India Financials 1,428,496 5,996,256
Plan B Media Public Co., Ltd. F Shares Thailand Consumer Discretionary 27,441,300 5,901,567
Chief Telecom, Inc. Taiwan Information Technology 958,000 5,724,161
KS Terminals, Inc. Taiwan Industrials 3,598,000 5,557,204
Precision Tsugami China Corp., Ltd. China/Hong Kong Industrials 6,280,000 5,489,151
Yihai International Holding, Ltd. China/Hong Kong Consumer Staples 2,391,000 5,421,446
Sinopec Kantons Holdings, Ltd. China/Hong Kong Energy 12,062,000 5,378,019
Value Added Technology Co., Ltd. South Korea Health Care 188,353 5,364,357
ITEQ Corp. Taiwan Information Technology 2,722,000 5,261,013
Douzone Bizon Co., Ltd. South Korea Information Technology 95,434 5,255,527
OZ Minerals, Ltd. Australia Materials 760,816 5,128,781
Cosmecca Korea Co., Ltd. South Korea Consumer Staples 161,544 5,081,706
Enzychem Lifesciences Corp. South Korea Health Care 47,077 5,071,366
A-Living Services Co., Ltd. H Shares China/Hong Kong Industrials 3,252,250 5,027,096
Times China Holdings, Ltd. China/Hong Kong Real Estate 4,667,000 4,959,823
AP Thailand Public Co., Ltd. Thailand Real Estate 17,414,500 4,900,501
Yeah1 Group Corp. Vietnam Consumer Discretionary 510,000 4,853,499
Great Tree Pharmacy Co., Ltd. Taiwan Consumer Staples 2,024,424 4,838,189
Incross Co., Ltd. South Korea Consumer Discretionary 237,388 4,740,445
TOA Paint Thailand Public Co., Ltd. Thailand Materials 4,043,500 4,720,108
Gabriel India, Ltd. India Consumer Discretionary 2,703,670 4,474,813
Tongyang Pile, Inc. South Korea Materials 980,009 4,461,614
China Youzan, Ltd. China/Hong Kong Information Technology 49,624,000 4,448,642
Bursa Malaysia BHD Malaysia Financials 2,280,000 4,306,979
Page Industries, Ltd. India Consumer Discretionary 9,440 4,283,650
Natco Pharma, Ltd. India Health Care 408,518 4,237,823
Ho Chi Minh City Securities Corp. Vietnam Financials 1,434,300 4,237,014
Kingdee International Software Group Co., Ltd. China/Hong Kong Information Technology 3,834,000 4,161,479
CLIO Cosmetics Co., Ltd. South Korea Consumer Staples 239,934 4,099,514
Bilibili, Inc. ADR China/Hong Kong Information Technology 300,500 4,050,740
Taiwan Paiho, Ltd. Taiwan Consumer Discretionary 2,018,000 4,005,788
NIIT Technologies, Ltd. India Information Technology 262,624 3,976,527
Knowles Corp. United States Information Technology 238,400 3,962,208
Saigon Cargo Service Corp. Vietnam Industrials 607,390 3,960,305
CKD Corp. Japan Industrials 305,300 3,918,148
Honma Golf, Ltd. Japan Consumer Discretionary 4,125,000 3,899,289
PT BFI Finance Indonesia Indonesia Financials 94,179,600 3,886,887
TK Group Holdings, Ltd. China/Hong Kong Industrials 6,122,000 3,855,377
Hy-Lok Corp. South Korea Industrials 179,393 3,840,903
FPT Digital Retail JSC Vietnam Consumer Discretionary 1,171,640 3,822,176
China Yuhua Education Corp., Ltd. China/Hong Kong Consumer Discretionary 7,868,000 3,791,133
Global PMX Co., Ltd. Taiwan Consumer Discretionary 1,372,000 3,778,711
Advanced Ceramic X Corp. Taiwan Information Technology 556,000 3,770,277
Rich Sport Public Co., Ltd. Thailand Consumer Discretionary 28,806,200 3,759,020
SITC International Holdings Co., Ltd. China/Hong Kong Industrials 4,653,000 3,756,470
Yuzhou Properties Co., Ltd. China/Hong Kong Real Estate 9,136,000 3,705,066
Philippine Seven Corp. Philippines Consumer Staples 1,957,631 3,688,448
Huifu Payment, Ltd. China/Hong Kong Information Technology 6,126,400 3,560,791
BeiGene, Ltd. China/Hong Kong Health Care 265,079 3,545,290
Cafe24 Corp. South Korea Information Technology 26,004 3,505,775
Syngene International, Ltd. India Health Care 419,978 3,482,734
Wise Talent Information Technology Co., Ltd. China/Hong Kong Information Technology 1,121,800 3,317,387
PT Arwana Citramulia Indonesia Industrials 134,190,800 3,241,867
Delfi, Ltd. Singapore Consumer Staples 3,736,300 3,061,085
Genscript Biotech Corp. China/Hong Kong Health Care 1,542,000 2,586,782
Humanica Public Co., Ltd. Thailand Information Technology 6,953,900 2,515,464
Microport Scientific Corp. China/Hong Kong Health Care 1,775,000 2,347,538
Karex BHD Malaysia Consumer Staples 10,820,825 2,026,108
Nam Long Investment Corp. Vietnam Real Estate 1,423,837 1,984,924
HIM International Music, Inc. Taiwan Consumer Discretionary 567,050 1,519,512
Xin Point Holdings, Ltd. China/Hong Kong Consumer Discretionary 1,936,000 753,976
Shriram City Union Finance, Ltd. India Financials 32,089 731,885
Net Cash n.a. 18,717,858


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.

Unlike the Fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year.

You should carefully consider the investment objectives, risks, charges and expenses of the Matthews Asia Funds before making an investment decision. A prospectus with this and other information about the Funds may be obtained by visiting matthewsasia.com. Please read the prospectus carefully before investing as it explains the risks associated with investing in international and emerging markets. 

Matthews Asia Funds are distributed in the United States by Foreside Funds Distributors LLC
Matthews Asia Funds are distributed in Latin America by HMC Partners