Matthews China Small Companies Fund

Portfolio Holdings: 3/31/2018

Security Sector Shares Value
Silergy Corp. Information Technology 124,000 2,815,576
TK Group Holdings, Ltd. Industrials 2,688,000 2,101,559
Sunny Friend Environmental Technology Co., Ltd. Industrials 245,000 1,901,988
SITC International Holdings Co., Ltd. Industrials 1,772,000 1,773,354
China Aviation Oil Singapore Corp., Ltd. Energy 1,232,800 1,484,057
Shanghai Haohai Biological Technology Co., Ltd. H Shares Health Care 216,100 1,357,640
Times Property Holdings, Ltd. Real Estate 753,000 1,162,044
Kingdee International Software Group Co., Ltd. Information Technology 1,060,000 1,079,754
China Resources Cement Holdings, Ltd. Materials 1,120,000 979,723
Dah Sing Banking Group, Ltd. Financials 436,000 954,322
Baozun, Inc. ADR Information Technology 20,800 954,304
Joy City Property, Ltd. Real Estate 5,746,000 931,055
China Maple Leaf Educational Systems, Ltd. Consumer Discretionary 688,000 928,018
Hua Hong Semiconductor, Ltd. Information Technology 462,000 925,248
Greentown Service Group Co., Ltd. Industrials 1,016,000 865,680
BBI Life Sciences Corp. Health Care 1,978,500 856,047
Yuzhou Properties Co., Ltd. Real Estate 1,234,000 847,584
Mandarin Oriental International, Ltd. Consumer Discretionary 337,400 809,223
Genscript Biotech Corp. Health Care 244,000 803,830
China BlueChemical, Ltd. H Shares Materials 2,700,000 763,115
Qingdao Port International Co., Ltd. H Shares Industrials 1,021,000 758,683
Sinopec Kantons Holdings, Ltd. Energy 1,512,000 750,309
Xin Point Holdings, Ltd. Consumer Discretionary 1,017,000 732,091
Precision Tsugami China Corp., Ltd. Industrials 480,000 722,876
MMG, Ltd. Materials 1,160,000 719,420
Vatti Corp., Ltd. A Shares Consumer Discretionary 168,914 714,873
IQE PLC Information Technology 386,473 701,210
CPMC Holdings, Ltd. Materials 1,077,000 695,527
Amoy Diagnostics Co., Ltd. A Shares Health Care 37,000 688,212
Honma Golf, Ltd. Consumer Discretionary 630,500 676,411
Athenex, Inc. Health Care 37,400 636,174
China ZhengTong Auto Services Holdings, Ltd. Consumer Discretionary 857,000 629,490
Aslan Pharmaceuticals, Ltd. Health Care 352,000 622,642
Truly International Holdings, Ltd. Information Technology 2,422,000 619,838
Merry Electronics Co., Ltd. Information Technology 97,000 566,441
Tecan Group AG Health Care 2,658 562,916
Abcam PLC Health Care 32,337 561,612
China Meidong Auto Holdings, Ltd. Consumer Discretionary 1,336,000 542,600
Bilibili, Inc. ADR Information Technology 47,400 521,400
Voltronic Power Technology Corp. Industrials 25,974 504,672
AK Medical Holdings, Ltd. Health Care 978,000 502,431
Ferrotec Holdings Corp. Information Technology 19,600 492,887
Knowles Corp. Information Technology 39,100 492,269
Huaxin Cement Co., Ltd., B Shares Materials 348,700 471,695
GDS Holdings, Ltd. ADR Information Technology 16,900 463,905
Tong Hsing Electronic Industries, Ltd. Information Technology 106,000 456,138
Melco International Development, Ltd. Consumer Discretionary 150,000 440,220
Tehmag Foods Corp. Consumer Staples 55,000 432,858
Shanghai Putailai New Energy Technology Co., Ltd. A Shares Materials 66,700 398,627
Jonjee Hi-Tech Industrial And Commercial Holding Co., Ltd. A Shares Consumer Staples 101,740 383,378
51job, Inc. ADR Industrials 4,224 363,433
Jonjee Hi-Tech Industrial And Commercial Holding Co., Ltd. A Shares Consumer Staples 94,800 356,080
SG Micro Corp. A Shares Information Technology 18,600 332,231
Optorun Co., Ltd. Information Technology 10,300 313,054
KWG Property Holding, Ltd. Real Estate 225,000 312,749
Advanced Ceramic X Corp. Information Technology 33,000 309,754
Jacobson Pharma Corp., Ltd. Health Care 1,220,000 284,651
Mirle Automation Corp. Industrials 180,000 281,550
All Ring Tech Co., Ltd. Information Technology 99,000 236,533
A-Living Services Co., Ltd. H Shares Industrials 148,750 216,449
Shandong Weigao Group Medical Polymer Co., Ltd. H Shares Health Care 288,000 192,819
Vatti Corp., Ltd. A Shares Consumer Discretionary 44,300 188,069
China High Precision Automation Group, Ltd. Information Technology 195,000 248
Net Cash n.a. 1,765,733


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