Matthews China Small Companies Fund

Matthews Asia Funds
Portfolio Holdings: 31 March 2018

Security Sector Shares Value
Silergy Corp. Information Technology 47,000 1,063,068
TK Group Holdings, Ltd. Industrials 974,000 758,007
Sunny Friend Environmental Technology Co., Ltd. Industrials 93,000 718,451
SITC International Holdings Co., Ltd. Industrials 626,000 622,159
China Aviation Oil Singapore Corp., Ltd. Energy 399,700 478,654
Shanghai Haohai Biological Technology Co., Ltd. H Shares Health Care 76,400 477,978
Kingdee International Software Group Co., Ltd. Information Technology 422,000 425,184
Times Property Holdings, Ltd. Real Estate 266,000 407,066
China Maple Leaf Educational Systems, Ltd. Consumer Discretionary 274,000 367,567
Dah Sing Banking Group, Ltd. Financials 154,000 336,003
Baozun, Inc. ADR Information Technology 7,400 327,217
Joy City Property, Ltd. Real Estate 2,036,000 327,106
Hua Hong Semiconductor, Ltd. Information Technology 163,000 323,118
Yuzhou Properties Co., Ltd. Real Estate 463,000 315,924
Precision Tsugami China Corp., Ltd. Industrials 208,000 310,952
Greentown Service Group Co., Ltd. Industrials 360,000 304,345
BBI Life Sciences Corp. Health Care 702,000 299,650
China BlueChemical, Ltd. H Shares Materials 1,058,000 296,579
Mandarin Oriental International, Ltd. Consumer Discretionary 122,700 293,326
Huaxin Cement Co., Ltd., B Shares Materials 205,000 275,982
CPMC Holdings, Ltd. Materials 418,000 268,435
Xin Point Holdings, Ltd. Consumer Discretionary 358,000 255,215
Sinopec Kantons Holdings, Ltd. Energy 516,000 254,445
Genscript Biotech Corp. Health Care 78,000 249,853
MMG, Ltd. Materials 408,000 249,312
China Resources Cement Holdings, Ltd. Materials 288,000 248,803
IQE PLC Information Technology 137,056 246,499
Amoy Diagnostics Co., Ltd. A Shares Health Care 13,000 239,268
Honma Golf, Ltd. Consumer Discretionary 221,500 237,075
Athenex, Inc. Health Care 13,200 231,234
China Meidong Auto Holdings, Ltd. Consumer Discretionary 566,000 228,617
Aslan Pharmaceuticals, Ltd. Health Care 116,000 204,891
Abcam PLC Health Care 11,436 198,920
Tecan Group AG Health Care 940 198,547
Qingdao Port International Co., Ltd. H Shares Industrials 268,000 198,401
Merry Electronics Co., Ltd. Information Technology 34,000 197,448
Bilibili, Inc. ADR Information Technology 16,700 187,708
China Zhengtong Auto Services Holdings, Ltd. Consumer Discretionary 250,500 182,113
Voltronic Power Technology Corp. Industrials 9,297 180,524
Truly International Holdings, Ltd. Information Technology 708,000 179,721
Vatti Corp., Ltd. A Shares Consumer Discretionary 42,080 177,086
AK Medical Holdings, Ltd. Health Care 344,000 173,372
Ferrotec Holdings Corp. Information Technology 6,900 169,865
Jonjee Hi-Tech Industrial And Commercial Holding Co., Ltd. A Shares Consumer Staples 44,100 165,350
Knowles Corp. Information Technology 12,700 157,977
Melco International Development, Ltd. Consumer Discretionary 52,000 151,262
GDS Holdings, Ltd. ADR Information Technology 5,800 150,626
Tong Hsing Electronic Industries, Ltd. Information Technology 32,000 137,438
Tehmag Foods Corp. Consumer Staples 16,700 131,168
SG Micro Corp. A Shares Information Technology 6,600 116,319
51job, Inc. ADR Industrials 1,200 103,214
Shanghai Putailai New Energy Technology Co., Ltd. A Shares Materials 17,012 101,671
Mirle Automation Corp. Industrials 58,000 90,219
KWG Property Holding, Ltd. Real Estate 65,500 89,412
Advanced Ceramic X Corp. Information Technology 9,000 83,737
Optorun Co., Ltd. Information Technology 2,800 83,479
Jonjee Hi-Tech Industrial And Commercial Holding Co., Ltd. A Shares Consumer Staples 21,000 78,513
Jacobson Pharma Corp., Ltd. Health Care 310,000 71,933
Vatti Corp., Ltd. A Shares Consumer Discretionary 15,500 65,416
Shandong Weigao Group Medical Polymer Co., Ltd. H Shares Health Care 96,000 63,974
All Ring Tech Co., Ltd. Information Technology 26,000 61,832
A-Living Services Co., Ltd. H Shares Industrials 40,250 58,569
Net Cash 690,175 690,175



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, Supplement for Hong Kong investors, Product Key Facts Statements or other offering documents (“Hong Kong Offering Document”) contain this and other information and can be obtained by visiting hk.matthewsasia.com.  Please read the Hong Kong Offering Documents carefully for further details including risk factors before investing.