NPORT-EX 2 MIMA700_MAT_Asia_Growth_Fund.htm NPORT-EXDOS
Matthews Asia Growth Fund    September 30, 2019
Schedule of Investmentsa (unaudited)   
COMMON EQUITIES: 88.3%   

 

      Shares                     Value  

JAPAN: 36.7%

             

Sony Corp.

    577,800     $34,152,698  

Terumo Corp.

    921,900     29,831,046  

Keyence Corp.

    43,800     27,263,577  

M3, Inc.

    1,049,000     25,385,657  

TechnoPro Holdings, Inc.

    399,800     23,857,285  

Nidec Corp.

    166,900     22,601,849  

Pigeon Corp.

    544,900     22,562,610  

PeptiDream, Inc.b

   411,000     19,645,484  

Nitori Holdings Co., Ltd.

    133,400     19,576,400  

SoftBank Group Corp.

    403,000     15,902,552  

Seria Co., Ltd.

    633,000     15,403,350  

SanBio Co., Ltd.b

   364,200     15,196,951  

Ariake Japan Co., Ltd.

    176,100     13,774,924  

Mercari, Inc.b

   531,300     13,256,086  

Sosei Group Corp.b

   550,900     12,422,940  

Eisai Co., Ltd.

    238,500     12,184,259  

FANUC Corp.

    63,400     11,984,087  

HEALIOS KKb

   980,300     11,701,270  

SBI Holdings, Inc.

    498,500     10,725,506  

Japan Elevator Service Holdings Co., Ltd.

    402,600     10,490,153  

Sysmex Corp.

    153,200     10,292,323  

Kyoritsu Maintenance Co., Ltd.

    238,100     10,230,067  

Kudan, Inc.b

   92,600     9,027,474  

CYBERDYNE, Inc.b

   768,500     4,732,465  
    

 

 

 

Total Japan

        402,201,013  
    

 

 

 

    

CHINA/HONG KONG: 27.8%

             

Shenzhou International Group Holdings, Ltd.

    3,155,000     41,157,931  

Wuxi Biologics Cayman, Inc.b,c,d

   3,693,000     37,657,161  

Baozun, Inc. ADRb

   818,500     34,949,950  

Jiangsu Hengrui Medicine Co., Ltd. A Shares

    2,492,224     28,174,092  

Genscript Biotech Corp.b

   11,934,000     22,874,881  

Huazhu Group, Ltd. ADR

    686,700     22,674,834  

Alibaba Group Holding, Ltd. ADRb

   127,200     21,271,656  

BeiGene, Ltd. ADRb

   157,200     19,250,712  

Shenzhen Inovance Technology Co., Ltd. A Shares

    4,069,575     13,890,159  

Autohome, Inc. ADRb

   145,500     12,095,415  

Bilibili, Inc. ADRb

   856,300     12,090,956  

Tencent Music Entertainment Group ADRb

   920,200     11,750,954  

Innovent Biologics, Inc.b,c,d

   3,500,500     11,162,368  

Shanghai Haohai Biological Technology Co., Ltd. H Sharesc,d

   1,873,800     9,031,917  

Hansoh Pharmaceutical Group Co., Ltd.b,c,d

   1,998,000     6,137,135  
    

 

 

 

Total China/Hong Kong

        304,170,121  
    

 

 

 

    

INDONESIA: 5.4%

             

PT Bank Rakyat Indonesia Persero

    129,492,600     37,600,108  

PT Ace Hardware Indonesia

    82,006,700     10,228,538  

PT Mayora Indah

    54,105,900     8,496,851  

PT Indofood CBP Sukses Makmur

    3,873,200     3,282,167  
    

 

 

 

Total Indonesia

        59,607,664  
    

 

 

 

    

AUSTRALIA: 4.6%

             

CSL, Ltd.

    240,892     38,087,921  
      Shares                     Value  

Oil Search, Ltd.

    2,481,915     $12,252,585  
    

 

 

 

Total Australia

        50,340,506  
    

 

 

 

    

INDIA: 4.5%

             

HDFC Bank, Ltd.

    2,837,251     49,168,207  
    

 

 

 

Total India

        49,168,207  
    

 

 

 

    

BANGLADESH: 3.4%

             

Square Pharmaceuticals, Ltd.

    8,767,712     24,499,163  

BRAC Bank, Ltd.b

   17,927,755     13,048,783  
    

 

 

 

Total Bangladesh

        37,547,946  
    

 

 

 

    

SRI LANKA: 2.4%

             

Sampath Bank PLC†

   21,899,216     18,314,388  

LOLC Holdings PLCb

   12,121,473     8,258,440  
    

 

 

 

Total Sri Lanka

        26,572,828  
    

 

 

 

    

VIETNAM: 1.6%

             

Vietnam Dairy Products JSC

    3,116,592     17,430,553  
    

 

 

 

Total Vietnam

        17,430,553  
    

 

 

 

    

UNITED STATES: 1.6%

             

NextCure, Inc.b

   417,695     12,885,891  

Turning Point Therapeutics, Inc.b

   118,000     4,436,800  
    

 

 

 

Total United States

        17,322,691  
    

 

 

 

    

PHILIPPINES: 0.3%

             

Emperador, Inc.b

   25,347,100     3,472,206  
    

 

 

 

Total Philippines

        3,472,206  
    

 

 

 

    

TOTAL INVESTMENTS: 88.3%

          967,833,735  

(Cost $759,487,342)

     

CASH AND OTHER ASSETS,

     

LESS LIABILITIES: 11.7%

        128,318,503  
    

 

 

 

NET ASSETS: 100.0%

        $1,096,152,238  
    

 

 

 

 

a

Certain securities were fair valued under the valuation policies approved by the Board of Trustees.

 

b

Non-income producing security.

 

c

Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. The security may be resold in transactions exempt from registration normally to qualified institutional buyers. The security has been determined to be liquid in accordance with procedures adopted by the Funds’ Board of Trustees. At September 30, 2019, the aggregate value is $63,988,581, which is 5.84% of net assets.

 

d

The securities may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

 

†

Affiliated Issuer, as defined under the Investment Company Act of 1940 (ownership of 5% or more of the outstanding voting securities of this issuer)

 

ADR

American Depositary Receipt

 

JSC

Joint Stock Co.

Other information regarding the Fund is available in the Funds’ most recent report to shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

 


 

1   MATTHEWS ASIA FUNDS