Matthews Asia Value Fund

Portfolio Holdings: 6/30/2018

Security Country Sector Shares Value
China National Accord Medicines Corp., Ltd. B Shares China/Hong Kong Health Care 443,400 1,775,160
Clear Media, Ltd. China/Hong Kong Consumer Discretionary 2,291,000 1,534,488
MPHB Capital BHD Malaysia Financials 4,786,400 1,518,750
CK Hutchison Holdings, Ltd. China/Hong Kong Industrials 138,500 1,466,164
Samsung SDI Co., Ltd., Pfd. South Korea Information Technology 17,132 1,426,943
YAMADA Consulting Group Co., Ltd. Japan Industrials 36,300 1,043,281
Baidu, Inc. ADR China/Hong Kong Information Technology 3,900 947,700
Shinyoung Securities Co., Ltd. South Korea Financials 18,580 946,363
Haw Par Corp., Ltd. Singapore Health Care 93,200 917,977
Kwangju Bank Co., Ltd. South Korea Financials 92,401 885,946
Ohashi Technica, Inc. Japan Consumer Discretionary 47,000 772,183
Straits Trading Co., Ltd. Singapore Materials 507,200 754,245
DGB Financial Group, Inc. South Korea Financials 80,420 739,629
Hyundai Motor Co., Ltd., 2nd Pfd. South Korea Consumer Discretionary 8,696 707,807
Hyundai Greenfood Co., Ltd. South Korea Consumer Staples 54,192 691,854
COSCO SHIPPING International Hong Kong Co., Ltd. China/Hong Kong Industrials 1,764,000 669,367
News Corp. Class B United States Consumer Discretionary 42,200 668,870
PW Medtech Group, Ltd. China/Hong Kong Health Care 3,366,000 663,506
Anhui Gujing Distillery Co., Ltd. B Shares China/Hong Kong Consumer Staples 103,100 658,334
Qualcomm, Inc. China/Hong Kong Information Technology 11,600 650,992
Honma Golf, Ltd. Japan Consumer Discretionary 623,000 638,310
Young Poong Corp. South Korea Materials 877 630,804
China Mobile, Ltd. China/Hong Kong Telecom Services 70,500 625,543
Samho Development Co., Ltd. South Korea Industrials 126,275 592,569
Goldlion Holdings, Ltd. China/Hong Kong Consumer Discretionary 1,443,000 590,398
Nice Information & Telecommunication, Inc. South Korea Information Technology 25,895 584,527
Samsung Electronics Co., Ltd., Pfd. South Korea Information Technology 16,600 560,564
Samsung Fire & Marine Insurance Co., Ltd., Pfd. South Korea Financials 3,409 558,008
Genting BHD Malaysia Consumer Discretionary 267,900 557,331
Huangshan Tourism Development Co., Ltd. B Shares China/Hong Kong Consumer Discretionary 463,187 549,658
Geumhwa PSC Co., Ltd. South Korea Industrials 17,460 548,318
Kangnam Jevisco Co., Ltd. South Korea Materials 20,282 501,363
P-Duke Technology Co., Ltd. Taiwan Industrials 199,000 460,284
CMS Edu Co., Ltd. South Korea Consumer Discretionary 63,533 456,225
Nissin Foods Co., Ltd. China/Hong Kong Consumer Staples 783,000 454,216
Medikit Co., Ltd. Japan Health Care 8,400 453,705
Texwinca Holdings, Ltd. China/Hong Kong Consumer Discretionary 1,004,000 428,243
Asante, Inc. Japan Consumer Discretionary 21,800 417,437
Cie Financiere Richemont SA Switzerland Consumer Discretionary 4,722 399,172
Tehmag Foods Corp. Taiwan Consumer Staples 57,300 392,468
Lumax International Corp., Ltd. Taiwan Industrials 182,900 379,491
San-A Co., Ltd. Japan Consumer Staples 7,100 350,679
Grand Korea Leisure Co., Ltd. South Korea Consumer Discretionary 12,298 287,170
Faraday Technology Corp. Taiwan Information Technology 143,000 279,745
Shandong Weigao Group Medical Polymer Co., Ltd. H Shares China/Hong Kong Health Care 324,000 228,752
Hy-Lok Corp. South Korea Industrials 9,185 210,801
Taro Pharmaceutical Industries, Ltd. Israel Health Care 1,700 196,673
Jiangling Motors Corp., Ltd. B Shares China/Hong Kong Consumer Discretionary 127,779 162,053
Net Cash n.a. 3,909,262


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