Matthews Asia Small Companies Fund

Portfolio Holdings: 6/30/2018

Security Country Sector Shares Value
Silergy Corp. China/Hong Kong Information Technology 413,000 10,035,623
Vitasoy International Holdings, Ltd. China/Hong Kong Consumer Staples 2,942,000 9,400,306
Shanghai Haohai Biological Technology Co., Ltd. H Shares China/Hong Kong Health Care 1,271,200 7,933,409
A-Living Services Co., Ltd. H Shares China/Hong Kong Industrials 4,307,000 7,871,559
Sunny Friend Environmental Technology Co., Ltd. Taiwan Industrials 1,071,000 7,543,886
Times China Holdings, Ltd. China/Hong Kong Real Estate 4,977,000 7,346,696
PT Bank Tabungan Pensiunan Nasional Indonesia Financials 26,131,200 7,290,460
GRUH Finance, Ltd. India Financials 1,597,731 7,099,881
Yeah1 Group Corp. Vietnam Information Technology 510,000 7,086,264
BBI Life Sciences Corp. China/Hong Kong Health Care 17,482,500 6,974,084
China BlueChemical, Ltd. H Shares China/Hong Kong Materials 18,124,000 6,654,511
Merck, Ltd. India Health Care 191,018 6,642,467
Sinopec Kantons Holdings, Ltd. China/Hong Kong Energy 14,048,000 6,624,432
Precision Tsugami China Corp., Ltd. China/Hong Kong Industrials 5,523,000 6,527,271
Douzone Bizon Co., Ltd. South Korea Information Technology 117,418 6,525,286
China Aviation Oil Singapore Corp., Ltd. China/Hong Kong Energy 6,004,100 6,511,013
SITC International Holdings Co., Ltd. China/Hong Kong Industrials 5,728,000 6,381,265
ITEQ Corp. Taiwan Information Technology 2,722,000 6,340,882
AIA Engineering, Ltd. India Industrials 288,085 6,318,714
Value Added Technology Co., Ltd. South Korea Health Care 208,063 6,252,808
Incross Co., Ltd. South Korea Consumer Discretionary 256,761 6,202,768
China Meidong Auto Holdings, Ltd. China/Hong Kong Consumer Discretionary 13,262,000 5,990,521
CLIO Cosmetics Co., Ltd. South Korea Consumer Staples 227,330 5,794,118
D&O Green Technologies BHD Malaysia Information Technology 32,253,000 5,662,739
Plan B Media Public Co., Ltd. F Shares Thailand Consumer Discretionary 30,458,900 5,601,585
Taimide Tech, Inc. Taiwan Materials 2,017,000 5,514,011
KS Terminals, Inc. Taiwan Industrials 3,225,000 5,465,958
SUNeVision Holdings, Ltd. China/Hong Kong Information Technology 9,211,000 5,441,952
Philippine Seven Corp. Philippines Consumer Staples 2,008,531 5,436,428
Gabriel India, Ltd. India Consumer Discretionary 2,703,670 5,390,578
Yuzhou Properties Co., Ltd. China/Hong Kong Real Estate 9,136,000 5,368,929
Global PMX Co., Ltd. Taiwan Consumer Discretionary 1,077,000 5,343,810
Cosmecca Korea Co., Ltd. South Korea Consumer Staples 164,975 5,277,347
Shriram City Union Finance, Ltd. India Financials 177,315 5,239,776
OZ Minerals, Ltd. Australia Materials 733,498 5,114,775
CKD Corp. Japan Industrials 305,300 5,006,588
Valuetronics Holdings, Ltd. China/Hong Kong Information Technology 10,056,500 4,888,920
Page Industries, Ltd. India Consumer Discretionary 11,855 4,808,978
Genscript Biotech Corp. China/Hong Kong Health Care 1,708,000 4,670,475
TOA Paint Thailand Public Co., Ltd. Thailand Materials 4,043,500 4,639,223
Cafe24 Corp. South Korea Information Technology 28,649 4,606,366
Knowles Corp. United States Information Technology 300,700 4,600,710
Xin Point Holdings, Ltd. China/Hong Kong Consumer Discretionary 6,965,000 4,591,200
AP Thailand Public Co., Ltd. Thailand Real Estate 18,663,500 4,585,476
Great Tree Pharmacy Co., Ltd. Taiwan Consumer Staples 1,611,600 4,550,373
Yihai International Holding, Ltd. China/Hong Kong Consumer Staples 2,391,000 4,543,644
Chilisin Electronics Corp. Taiwan Information Technology 749,000 4,376,919
China Youzan, Ltd. China/Hong Kong Information Technology 36,424,000 4,353,837
Enzychem Lifesciences Corp. South Korea Health Care 56,294 4,283,976
Bursa Malaysia BHD Malaysia Financials 2,333,800 4,246,793
Taiwan Paiho, Ltd. Taiwan Consumer Discretionary 2,018,000 4,244,452
Honma Golf, Ltd. Japan Consumer Discretionary 4,125,000 4,226,369
Saigon Cargo Service Corp. Vietnam Industrials 524,930 4,216,177
Advanced Ceramic X Corp. Taiwan Information Technology 508,000 4,210,943
Truly International Holdings, Ltd. China/Hong Kong Information Technology 21,980,000 4,186,249
PT BFI Finance Indonesia Indonesia Financials 88,195,000 4,185,108
Hy-Lok Corp. South Korea Industrials 179,393 4,117,164
Cholamandalam Investment and Finance Co., Ltd. India Financials 181,888 4,016,503
Kingdee International Software Group Co., Ltd. China/Hong Kong Information Technology 3,928,000 4,000,781
Tri Chemical Laboratories, Inc. Japan Information Technology 100,100 3,970,838
Rich Sport Public Co., Ltd. Thailand Consumer Discretionary 26,388,400 3,954,644
Guotai Junan International Holdings, Ltd. China/Hong Kong Financials 18,178,000 3,917,980
Huifu Payment, Ltd. China/Hong Kong Information Technology 4,498,800 3,893,501
Tong Hsing Electronic Industries, Ltd. Taiwan Information Technology 1,086,000 3,762,804
Syngene International, Ltd. India Health Care 419,978 3,740,269
Tongyang Pile, Inc. South Korea Materials 879,667 3,590,123
NIIT Technologies, Ltd. India Information Technology 223,551 3,582,956
Ho Chi Minh City Securities Corp. Vietnam Financials 1,434,300 3,546,218
Delfi, Ltd. Singapore Consumer Staples 3,736,300 3,437,925
PT Arwana Citramulia Indonesia Industrials 134,190,800 3,165,142
TK Group Holdings, Ltd. China/Hong Kong Industrials 3,536,000 3,010,278
AK Medical Holdings, Ltd. China/Hong Kong Health Care 4,148,000 2,782,582
Natco Pharma, Ltd. India Health Care 224,026 2,637,448
Kinik Co. Taiwan Industrials 1,112,000 2,571,997
Karex BHD Malaysia Consumer Staples 10,820,825 2,193,468
PT Puradelta Lestari Indonesia Real Estate 207,935,300 1,854,937
Wise Talent Information Technology Co., Ltd. China/Hong Kong Information Technology 281,000 1,164,028
Nam Long Investment Corp. Vietnam Real Estate 870,634 1,055,777
KGI Securities Thailand Public Co., Ltd. Thailand Financials 7,830,000 901,386
Great Tree Pharmacy Co., Ltd., Rights, expires 07/16/2018 Taiwan Consumer Staples 118,883 93,913
Net Cash n.a. 11,688,548


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