0001752724-20-238791.txt : 20201120 0001752724-20-238791.hdr.sgml : 20201120 20201120162607 ACCESSION NUMBER: 0001752724-20-238791 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201120 PERIOD START: 20201231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL FUNDS CENTRAL INDEX KEY: 0000923184 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08510 FILM NUMBER: 201332818 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 8007898742 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 0000923184 S000032816 MATTHEWS CHINA SMALL COMPANIES FUND C000101279 Investor Class Shares MCSMX C000195803 Institutional Class Shares MICHX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000032816 C000101279 C000195803 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews China Small Companies Fund S000032816 549300X2DPZUR8DVLF66 2020-12-31 2020-09-30 N 372977478.35 4806134.96 368171343.39 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1076032.25000000 0.00000000 0.00000000 47162763.81000000 N SHANGHAI ATHUB CO LTD N/A SHANGHAI ATHUB CO LTD 000000000 456262.00000000 NS 5119856.50000000 1.390617871792 Long EC CORP CN N 2 N N N Airtac International Group N/A Airtac International Group 000000000 317000.00000000 NS 7211385.87000000 1.958703739297 Long EC CORP CN N 2 N N N SITC International Holdings Co 529900JUV4MOM9CE3V12 SITC International Holdings Co Ltd 000000000 8328500.00000000 NS 11538823.73000000 3.134090671955 Long EC CORP HK N 2 N N N Win Semiconductors Corp 529900G3R9LZ0M2UBM97 Win Semiconductors Corp 000000000 577000.00000000 NS 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TECHNOLOGY CO LTD N/A HONGFA TECHNOLOGY CO LTD 000000000 1149455.00000000 NS 7788161.40000000 2.115363278491 Long EC CORP CN N 2 N N N XPeng Inc N/A XPeng Inc 98422D105 207800.00000000 NS USD 4170546.00000000 1.132773116342 Long EC CORP CN N 1 N N N WINNING HEALTH TECHNOLOGY GROUP CO LTD N/A WINNING HEALTH TECHNOLOGY GROUP CO LTD 000000000 1971927.00000000 NS 5679101.22000000 1.542515820951 Long EC CORP CN N 2 N N N InnoCare Pharma Ltd 3003001NYJPPWIEOJT79 InnoCare Pharma Ltd 000000000 1076300.00000000 NS 1409861.27000000 0.382936177763 Long EC CORP CN N 2 N N N Powerlong Commercial Managemen N/A Powerlong Commercial Management Holdings Ltd 000000000 2076000.00000000 NS 6987061.06000000 1.897774279677 Long EC CORP CN N 2 N N N Innovent Biologics Inc 25490058ONL9SCIE1R22 Innovent Biologics Inc 000000000 487000.00000000 NS 3631654.21000000 0.986403280755 Long EC CORP CN N 2 N N N ZHEJIANG DIAN DIAGNOSTICS-A 3003006MMJLCVIIKTA82 ZHEJIANG DIAN DIAGNOSTICS-A 000000000 1017852.00000000 NS 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EC CORP CN N 2 N N N AK Medical Holdings Ltd N/A AK Medical Holdings Ltd 000000000 1452000.00000000 NS 3736814.99000000 1.014966280534 Long EC CORP CN N 2 N N N Weimob Inc 254900SW0TNGAGYUTV05 Weimob Inc 000000000 4278000.00000000 NS 5788662.45000000 1.572274038685 Long EC CORP CN N 2 N N N ENN ECOLOGICAL HOLDINGS CO LTD 300300KVDMGNQNP52Z98 ENN ECOLOGICAL HOLDINGS CO LTD 000000000 4154242.00000000 NS 6890956.43000000 1.871671044940 Long EC CORP CN N 2 N N N ASIA CEMENT CH 5299009O3HFIKDVFFJ49 Asia Cement China Holdings Corp 000000000 8567000.00000000 NS 7592841.11000000 2.062311813865 Long EC CORP CN N 2 N N N CENTRE TESTING INTERNATIONAL GROUP CO LTD N/A CENTRE TESTING INTERNATIONAL GROUP CO LTD 000000000 1876159.00000000 NS 6804853.71000000 1.848284455640 Long EC CORP CN N 2 N N N AMOY DIAGNOSTICS CO LTD N/A AMOY DIAGNOSTICS CO LTD 000000000 486985.00000000 NS 5512137.68000000 1.497166408782 Long EC CORP CN N 2 N N N Kangji Medical Holdings Ltd 300300HPVQ4VPUI5AB79 Kangji Medical Holdings Ltd 000000000 898500.00000000 NS 2261539.82000000 0.614262859020 Long EC CORP CN N 2 N N N KINGDEE INT'L 529900SWRZN94C5SZO63 Kingdee International Software Group Co Ltd 000000000 3208000.00000000 NS 8367438.23000000 2.272702202446 Long EC CORP CN N 2 N N N Times China Holdings Ltd 2549000KTINB9ZPZP710 Times China Holdings Ltd 000000000 6231000.00000000 NS 8690209.49000000 2.360370964775 Long EC CORP CN N 2 N N N SICHUAN TEWAY FOOD GROUP CO LTD N/A SICHUAN TEWAY FOOD GROUP CO LTD 000000000 424606.00000000 NS 4120619.13000000 1.119212346093 Long EC CORP CN N 2 N N N REGAL GROUP 300300LBYCJWUTE07R10 Hainan Meilan International Airport Co Ltd 000000000 1510000.00000000 NS 8587515.09000000 2.332477865042 Long EC CORP CN N 2 N N N KEMEN 300300YU1FM1HK5HM382 Kemen Noodle Manufacturing Co Ltd 000000000 1249100.00000000 NS 3776538.84000000 1.025755781323 Long EC CORP CN N 2 N N N Pharmaron Beijing Co Ltd 300300JYXHGVS5SNGG54 Pharmaron Beijing Co Ltd 000000000 537100.00000000 NS 6725323.36000000 1.826683005275 Long EC CORP CN N 2 N N N Jiumaojiu International Holdin N/A Jiumaojiu International Holdings Ltd 000000000 3169000.00000000 NS 7490074.95000000 2.034399223207 Long EC CORP CN N 2 N N N Flat Glass Group Co Ltd 300300BEL4RMXBKEA373 Flat Glass Group Co Ltd 000000000 3952000.00000000 NS 10599545.94000000 2.878970927612 Long EC CORP CN N 2 N N N C HIGHPRECISION N/A China High Precision Automation Group Ltd 000000000 195000.00000000 NS 251.61000000 0.000068340462 Long EC CORP HK N 3 N N N Leader Harmonious Drive System N/A Leader Harmonious Drive Systems Co Ltd 000000000 466187.00000000 NS 5089273.11000000 1.382311035709 Long EC CORP CN N 1 N N N Ginlong Technologies Co Ltd N/A Ginlong Technologies Co Ltd 000000000 367610.00000000 NS 6425640.36000000 1.745285306790 Long EC CORP CN N 2 N N N Ever Sunshine Lifestyle Servic N/A Ever Sunshine Lifestyle Services Group Ltd 000000000 3818000.00000000 NS 7600615.50000000 2.064423436657 Long EC CORP HK N 2 N N N CHINA OVS PPT N/A China Overseas Property Holdings Ltd 000000000 12625000.00000000 NS 10396437.97000000 2.823804230463 Long EC CORP HK N 2 N N N Powerlong Real Estate Holdings 549300R3K12EPXCGDP22 Powerlong Real Estate Holdings Ltd 000000000 6602000.00000000 NS 4977033.39000000 1.351825306166 Long EC CORP CN N 2 N N N China Yuhua Education Corp Ltd 254900MMSBZ02HKOSY64 China Yuhua Education Corp Ltd 000000000 5512000.00000000 NS 4730818.08000000 1.284950109489 Long EC CORP CN N 2 N N N China Isotope & Radiation Corp 300300R8PWUHYDPL3U07 China Isotope & Radiation Corp 000000000 1785000.00000000 NS 6450123.37000000 1.751935202400 Long EC CORP CN N 2 N N N 2020-11-20 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA930MattChinaSmCosFd.htm HTML
Matthews China Small Companies Fund    September 30, 2020
Schedule of Investmentsa (unaudited)   

COMMON EQUITIES: 88.3%

 

      Shares      Value 

INFORMATION TECHNOLOGY: 17.1%

 

Semiconductors & Semiconductor Equipment: 9.6%

 

Flat Glass Group Co., Ltd. H Shares

      3,952,000        $10,599,546  

StarPower Semiconductor, Ltd. A Shares

      344,492        9,884,971  

Silergy Corp.

      155,000        9,189,471  

WIN Semiconductors Corp.

      577,000        5,753,379  
     

 

 

 

        35,427,367  
     

 

 

 

Software: 5.0%

      

Kingdee International Software Group Co., Ltd.

      3,208,000        8,367,438  

Weimob, Inc.b,c,d

      4,278,000        5,788,663  

China Youzan, Ltd.c

      18,344,000        3,869,761  

Ming Yuan Cloud Group Holdings, Ltd.c

      86,000        321,804  
     

 

 

 

            18,347,666  
     

 

 

 

IT Services: 1.4%

      

Shanghai AtHub Co., Ltd. A Shares

      456,262        5,119,857  
     

 

 

 

Communications Equipment: 1.1%

 

Accton Technology Corp.

      513,000        3,968,919  
     

 

 

 

Electronic Equipment, Instruments & Components: 0.0%

 

China High Precision Automation Group, Ltd.c,e

      195,000        252  
     

 

 

 

Total Information Technology

 

      62,864,061  
     

 

 

 

     
     

INDUSTRIALS: 16.9%

      

Electrical Equipment: 3.9%

      

Hongfa Technology Co., Ltd. A Shares

      1,149,455        7,788,162  

Ginlong Technologies Co., Ltd. A Shares

      367,610        6,425,640  
     

 

 

 

        14,213,802  
     

 

 

 

Machinery: 3.6%

      

Airtac International Group

      317,000        7,211,386  

Leader Harmonious Drive Systems Co., Ltd. A Sharesc

      466,187        5,089,273  

Hefei Meiya Optoelectronic Technology, Inc. A Shares

      151,600        1,073,951  
     

 

 

 

        13,374,610  
     

 

 

 

Marine: 3.1%

      

SITC International Holdings Co., Ltd.

      8,328,500        11,538,824  
     

 

 

 

Transportation Infrastructure: 2.3%

 

Hainan Meilan International Airport Co., Ltd. H Sharesc

      1,510,000        8,587,515  
     

 

 

 

Commercial Services & Supplies: 2.1%

 

Ever Sunshine Lifestyle Services Group, Ltd.d

      3,818,000        7,600,615  
     

 

 

 

Professional Services: 1.9%

      

Centre Testing International Group Co., Ltd. A Shares

      1,876,159        6,804,854  
     

 

 

 

Total Industrials

         62,120,220  
     

 

 

 

     
     

HEALTH CARE: 16.3%

      

Health Care Equipment & Supplies: 5.6%

 

Peijia Medical, Ltd.b,c,d

      2,347,000        8,248,788  

China Isotope & Radiation Corp.

      1,785,000        6,450,123  
      Shares      Value 

AK Medical Holdings, Ltd.b,d

      1,452,000        $3,736,815  

Kangji Medical Holdings, Ltd.c

      898,500        2,261,540  
     

 

 

 

        20,697,266  
     

 

 

 

Biotechnology: 4.0%

      

Amoy Diagnostics Co., Ltd. A Shares

      486,985        5,512,138  

Legend Biotech Corp. ADRc

      128,525        3,967,567  

Innovent Biologics, Inc.b,c,d

      487,000        3,631,654  

InnoCare Pharma, Ltd.b,c,d

      1,076,300        1,409,861  
     

 

 

 

        14,521,220  
     

 

 

 

Life Sciences Tools & Services: 1.8%

 

Pharmaron Beijing Co., Ltd. H Sharesb,d

      537,100        6,725,323  
     

 

 

 

Pharmaceuticals: 1.7%

      

Asymchem Laboratories (Tianjin) Co., Ltd. A Shares

      157,137        6,125,088  
     

 

 

 

Health Care Providers & Services: 1.6%

 

Dian Diagnostics Group Co., Ltd. A Shares

      1,017,852        5,968,689  
     

 

 

 

Health Care Technology: 1.6%

 

Winning Health Technology Group Co., Ltd. A Shares

      1,971,927        5,679,101  
     

 

 

 

Total Health Care

             59,716,687  
     

 

 

 

    

      
     

REAL ESTATE: 11.2%

      

Real Estate Management & Development: 11.2%

 

   

China Overseas Property Holdings, Ltd.

      12,625,000        10,396,438  

KWG Group Holdings, Ltd.

      5,724,000        9,858,184  

Times China Holdings, Ltd.

      6,231,000        8,690,210  

Powerlong Commercial Management

      

Holdings, Ltd.d

      2,076,000        6,987,061  

Powerlong Real Estate Holdings, Ltd.

      6,602,000        4,977,033  
     

 

 

 

Total Real Estate

         40,908,926  
     

 

 

 

     
 

CONSUMER DISCRETIONARY: 10.7%

 

Household Durables: 3.3%

      

Joyoung Co., Ltd. A Shares

      2,039,110        12,210,724  
     

 

 

 

Specialty Retail: 2.9%

      

China Meidong Auto Holdings, Ltd.

      2,784,000        10,725,556  
     

 

 

 

Hotels, Restaurants & Leisure: 2.1%

      

Jiumaojiu International Holdings, Ltd.b,c,d

      3,169,000        7,490,075  
     

 

 

 

Diversified Consumer Services: 1.3%

      

China Yuhua Education Corp., Ltd.b,d

      5,512,000        4,730,818  
     

 

 

 

Automobiles: 1.1%

      

XPeng, Inc. ADRc

      207,800        4,170,546  
     

 

 

 

Total Consumer Discretionary

         39,327,719  
     

 

 

 

    

      
     

CONSUMER STAPLES: 9.7%

      

Food Products: 5.8%

      

Yantai China Pet Foods Co., Ltd. A Shares

      1,419,499        9,240,051  

Yihai International Holding, Ltd.

      264,000        4,146,653  

Sichuan Teway Food Group Co., Ltd. A Shares

      424,606        4,120,619  
 

 

 



 

matthewsasia.com  |  800.789.ASIA   1

Matthews China Small Companies Fund    September 30, 2020
Schedule of Investmentsa (unaudited) (continued)   

 

COMMON EQUITIES (continued)

 

      Shares      Value 

Kemen Noodle Manufacturing Co., Ltd. A Shares

      1,249,100        $3,776,539  
     

 

 

 

        21,283,862  
     

 

 

 

Food & Staples Retailing: 2.2%

      

Jiajiayue Group Co., Ltd. A Shares

      1,500,418        7,993,145  
     

 

 

 

Household Products: 1.7%

      

Vinda International Holdings, Ltd.

      1,903,000        6,269,648  
     

 

 

 

Total Consumer Staples

         35,546,655  
     

 

 

 

     
     

MATERIALS: 4.0%

      

Construction Materials: 2.1%

      

Asia Cement China Holdings Corp.

      8,567,000        7,592,841  
     

 

 

 

Chemicals: 1.9%

      

ENN Ecological Holdings Co., Ltd. A Shares

      4,154,242        6,890,956  
     

 

 

 

Total Materials

         14,483,797  
     

 

 

 

     
 

COMMUNICATION SERVICES: 1.7%

 

Entertainment: 1.7%

      

Bilibili, Inc. ADRc

      148,100        6,160,960  
     

 

 

 

Total Communication Services

         6,160,960  
     

 

 

 

     
     

FINANCIALS: 0.7%

      

Capital Markets: 0.7%

      

China Renaissance Holdings, Ltd.b,d

      983,300        2,256,775  

Haitong International Securities Group, Ltd.

      1,232,000        296,707  
     

 

 

 

Total Financials

         2,553,482  
     

 

 

 

     
     

TOTAL INVESTMENTS: 88.3%

         323,682,507  

(Cost $266,519,673)

      

CASH AND OTHER ASSETS,

      

LESS LIABILITIES: 11.7%

         43,087,199  
     

 

 

 

NET ASSETS: 100.0%

           $366,769,706  
     

 

 

 

 

a

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

 

b

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, 2020, the aggregate value is $44,018,772, which is 12.00% of net assets.

 

c

Non-income producing security.

 

d

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

 

e

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. The aggregate value of Level 3 security is $252 and 0.00% of net assets.

 

ADR

American Depositary Receipt

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).

 

 

 



 

2   MATTHEWS ASIA FUNDS