0001752724-23-111629.txt : 20230523 0001752724-23-111629.hdr.sgml : 20230523 20230523130616 ACCESSION NUMBER: 0001752724-23-111629 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230523 DATE AS OF CHANGE: 20230523 PERIOD START: 20231231 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: 23947841 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 S000049136 MATTHEWS EMERGING MARKETS SUSTAINABLE FUTURE FUND C000154925 Investor Class Shares MASGX C000154926 Institutional Class Shares MISFX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000049136 C000154926 C000154925 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Emerging Markets Sustainable Future Fund S000049136 549300RDLJEE472SGE10 2023-12-31 2023-03-31 N 220694062.37 1749772.51 218944289.86 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2154743.36000000 N Jeronimo Martins SGPS SA 259400A8SZP10GB5IB19 Jeronimo Martins SGPS SA 000000000 150401.00000000 NS 3530340.55000000 1.612437827109 Long EC CORP PT N 2 N N N Lam Research Corp 549300I4GMO6D34U1T02 Lam Research Corp 512807108 6566.00000000 NS USD 3480767.92000000 1.589796163318 Long EC CORP US N 1 N N N Marico Ltd 3358003SFDQFGJPC5O84 Marico Ltd 000000000 35634.00000000 NS 208393.84000000 0.095181217164 Long EC CORP IN N 2 N N N Enefit Green AS 485100EAUB2D0VTK1R43 Enefit Green AS 000000000 381912.00000000 NS 1825301.17000000 0.833682929647 Long EC CORP EE N 2 N N N Indus Towers Ltd 335800L6DI4VHODGDK41 Indus Towers Ltd 000000000 1832087.00000000 NS 3193903.77000000 1.458774637165 Long EC CORP IN N 2 N N N Formosa Sumco Technology Corp N/A Formosa Sumco Technology Corp 000000000 403000.00000000 NS 2213368.36000000 1.010927648040 Long EC CORP TW N 2 N N N Xinyi Glass Holdings Ltd 52990082YXVVZFK1QJ17 Xinyi Glass Holdings Ltd 000000000 368000.00000000 NS 658314.68000000 0.300676797929 Long EC CORP HK N 2 N N N YDUQS Participacoes SA N/A YDUQS Participacoes SA 000000000 1901600.00000000 NS 2645045.33000000 1.208090574863 Long EC CORP BR N 1 N N N Mahindra & Mahindra Ltd 3358003B573EV4KB4Z02 Mahindra & Mahindra Ltd 000000000 203091.00000000 NS 2869967.00000000 1.310820666679 Long EC CORP IN N 2 N N N Airtac International Group N/A Airtac International Group 000000000 178000.00000000 NS 6961470.75000000 3.179562597613 Long EC CORP KY N 2 N N N UNO Minda Ltd 335800Y2G59FEIQRLG14 UNO Minda Ltd 000000000 35614.00000000 NS 208803.77000000 0.095368447440 Long EC CORP IN N 2 N N N Wuxi Biologics Cayman Inc 5493001TD2TH6VDTJU11 Wuxi Biologics Cayman Inc 000000000 319000.00000000 NS 1965665.78000000 0.897792667375 Long EC CORP CN N 2 N N N HKEX 213800YTVSXYQN17BW16 Hong Kong Exchanges & Clearing Ltd 000000000 177700.00000000 NS 7876504.57000000 3.597492574497 Long EC CORP HK N 2 N N N Ginlong Technologies Co Ltd N/A Ginlong Technologies Co Ltd 000000000 216400.00000000 NS 4212318.95000000 1.923922726047 Long EC CORP CN N 2 N N N Shriram Finance Ltd 335800TM2YO24B76XL26 Shriram Finance Ltd 000000000 708522.00000000 NS 10892222.45000000 4.974883088736 Long EC CORP IN N 2 N N N Andes Technology Corp 549300HYC94K4ELRHM60 Andes Technology Corp 000000000 281000.00000000 NS 4823459.85000000 2.203053504197 Long EC CORP TW N 2 N N N Flat Glass Group Co Ltd 300300BEL4RMXBKEA373 Flat Glass Group Co Ltd 000000000 1089000.00000000 NS 3114723.26000000 1.422609953423 Long EC CORP CN N 2 N N N Micron Technology Inc B3DXGBC8GAIYWI2Z0172 Micron Technology Inc 595112103 101844.00000000 NS USD 6145266.96000000 2.806771971047 Long EC CORP US N 1 N N N Solus Advanced Materials Co Lt 9884002P7C55T9XN1796 Solus Advanced Materials Co Ltd 000000000 115014.00000000 NS 4183305.79000000 1.910671336838 Long EC CORP KR N 2 N N N Samsung SDI Co Ltd 9884002AESDO4YW87G32 Samsung SDI Co Ltd 000000000 41656.00000000 NS 10693030.80000000 4.883904853987 Long EP CORP KR N 2 N N N Saudi Tadawul Group Holding Co 894500BXFAWZK686TP37 Saudi Tadawul Group Holding Co 000000000 84607.00000000 NS 3263418.84000000 1.490524754989 Long EC CORP SA N 2 N N N Nam Long Investment Corp N/A Nam Long Investment Corp 000000000 2565039.00000000 NS 2938635.70000000 1.342184215847 Long EC CORP VN N 2 N N N Elite Material Co Ltd N/A Elite Material Co Ltd 000000000 243000.00000000 NS 1461064.36000000 0.667322432082 Long EC CORP TW N 2 N N N B3 SA - Brasil Bolsa Balcao 4GTK5S46E6H318LMDS44 B3 SA - Brasil Bolsa Balcao 000000000 2377900.00000000 NS 4855777.41000000 2.217814135780 Long EC CORP BR N 1 N N N Silergy Corp N/A Silergy Corp 000000000 131000.00000000 NS 2079833.02000000 0.949937091910 Long EC CORP CN N 2 N N N NU Holdings Ltd/Cayman Islands 5493002DG1RHWK9W2X27 NU Holdings Ltd/Cayman Islands 000000000 237640.00000000 NS USD 1131166.40000000 0.516645764419 Long EC CORP BR N 1 N N N TIGERMED 300300CP4N8WDF6DOO67 Hangzhou Tigermed Consulting Co Ltd 000000000 185776.00000000 NS 2588224.38000000 1.182138333753 Long EC CORP CN N 2 N N N OPT Machine Vision Tech Co Ltd N/A OPT Machine Vision Tech Co Ltd 000000000 83485.00000000 NS 1677965.16000000 0.766389094263 Long EC CORP CN N 2 N N N CATL 300300KINDY1K0E9I032 Contemporary Amperex Technology Co Ltd 000000000 105500.00000000 NS 6243619.75000000 2.851693348108 Long EC CORP CN N 2 N N N M31 Technology Corp N/A M31 Technology Corp 000000000 153000.00000000 NS 3366634.29000000 1.537667089720 Long EC CORP TW N 2 N N N Eugene Technology Co Ltd N/A Eugene Technology Co Ltd 000000000 84885.00000000 NS 2084380.11000000 0.952013917025 Long EC CORP KR N 2 N N N Meituan 21380033K525E5JLIA77 Meituan 000000000 580700.00000000 NS 10535184.73000000 4.811810683318 Long EC CORP CN N 2 N N N Ecopro BM Co Ltd N/A Ecopro BM Co Ltd 000000000 59165.00000000 NS 10252972.95000000 4.682914067572 Long EC CORP KR N 2 N N N Sporton International Inc N/A Sporton International Inc 000000000 233448.00000000 NS 2076694.53000000 0.948503626802 Long EC CORP TW N 2 N N N Banca Transilvania SA 549300RG3H390KEL8896 Banca Transilvania SA 000000000 573157.00000000 NS 2448504.24000000 1.118322949443 Long EC CORP RO N 2 N N N GrameenPhone Ltd N/A GrameenPhone Ltd 000000000 266417.00000000 NS 715810.82000000 0.326937423422 Long EC CORP BD N 2 N N N LG Energy Solution Ltd N/A LG Energy Solution Ltd 000000000 498.00000000 NS 224375.46000000 0.102480617395 Long EC CORP KR N 2 N N N CONCH VENTURE 836800AA0Q4R3O6ZDB17 China Conch Venture Holdings Ltd 000000000 1436500.00000000 NS 2515641.83000000 1.148987183729 Long EC CORP CN N 2 N N N CSPC Pharmaceutical Group Ltd 529900M3XQCW234H8O91 CSPC Pharmaceutical Group Ltd 000000000 940960.00000000 NS 922439.51000000 0.421312430933 Long EC CORP CN N 2 N N N Zhejiang HangKe Technology Inc 836800XJKWOSWC94V489 Zhejiang HangKe Technology Inc Co 000000000 174096.00000000 NS 1140228.26000000 0.520784652903 Long EC CORP CN N 2 N N N BRAC Bank Ltd 254900EHCK80ARTPIK21 BRAC Bank Ltd 000000000 3402700.00000000 NS 1113126.70000000 0.508406362509 Long EC CORP BD N 2 N N N Morimatsu International Holdin 254900S979D8JU8HAB24 Morimatsu International Holdings Co Ltd 000000000 1084000.00000000 NS 1293575.77000000 0.590824163912 Long EC CORP CN N 2 N N N Medlive Technology Co Ltd N/A Medlive Technology Co Ltd 000000000 2691000.00000000 NS 3717356.70000000 1.697855058187 Long EC CORP CN N 2 N N N Summarecon Agung Tbk PT 529900NX0EYVOH3TJZ08 Summarecon Agung Tbk PT 000000000 49500191.00000000 NS 1750900.33000000 0.799701298955 Long EC CORP ID N 2 N N N Phoenix Mills Ltd/The 33580037PCXCE5PNQU51 Phoenix Mills Ltd/The 000000000 195459.00000000 NS 3101375.66000000 1.416513608088 Long EC CORP IN N 2 N N N Legend Biotech Corp 254900EIUFZTW136H859 Legend Biotech Corp 52490G102 211641.00000000 NS USD 10205329.02000000 4.661153312801 Long EC CORP US N 1 N N N InPost SA 2221003M23QLERR89585 InPost SA 000000000 334507.00000000 NS 3059192.99000000 1.397247213871 Long EC CORP PL N 2 N N N Samsung SDI Co Ltd 9884002AESDO4YW87G32 Samsung SDI Co Ltd 000000000 3079.00000000 NS 1748991.75000000 0.798829579487 Long EC CORP KR N 2 N N N Bandhan Bank Ltd 335800Q13QAC32IOCH33 Bandhan Bank Ltd 000000000 5297534.00000000 NS 12665117.64000000 5.784630258271 Long EC CORP IN N 2 N N N Hikma Pharmaceuticals PLC 549300BNS685UXH4JI75 Hikma Pharmaceuticals PLC 000000000 125267.00000000 NS 2596452.72000000 1.185896522654 Long EC CORP JO N 2 N N N Innovent Biologics Inc 25490058ONL9SCIE1R22 Innovent Biologics Inc 000000000 378500.00000000 NS 1697765.92000000 0.775432837771 Long EC CORP CN N 2 N N N Full Truck Alliance Co Ltd N/A Full Truck Alliance Co Ltd 35969L108 1630775.00000000 NS USD 12410197.75000000 5.668198863708 Long EC CORP CN N 1 N N N CTI N/A Centre Testing International Group Co Ltd 000000000 655100.00000000 NS 1954598.34000000 0.892737755914 Long EC CORP CN N 2 N N N Poya International Co Ltd N/A Poya International Co Ltd 000000000 225477.00000000 NS 4236136.79000000 1.934801219391 Long EC CORP TW N 2 N N N JD Health International Inc 254900OM3MAXYK8PCC84 JD Health International Inc 000000000 1448350.00000000 NS 10739465.16000000 4.905113153152 Long EC CORP CN N 2 N N N Zhihu Inc N/A Zhihu Inc 98955N108 1727604.00000000 NS USD 2194057.08000000 1.002107468252 Long EC CORP CN N 1 N N N 2023-05-18 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA970MATT033123.htm HTML
Matthews Emerging Markets Sustainable Future Fund      March 31, 2023  
Schedule of Investmentsa (unaudited)   

COMMON EQUITIES: 94.7%

 

     Shares      Value  
     

CHINA/HONG KONG: 39.4%

      

Full Truck Alliance Co., Ltd. ADRb

     1,630,775          $12,410,198  

JD Health International, Inc.b,c,d

     1,448,350        10,739,465  

Meituan B Sharesb,c,d

     580,700        10,535,185  

Hong Kong Exchanges & Clearing, Ltd.

      177,700        7,876,504  

Airtac International Group

      178,000        6,961,471  

Contemporary Amperex Technology Co., Ltd. A Shares

      105,500        6,243,620  

Ginlong Technologies Co., Ltd. A Sharesb

     216,400        4,212,319  

Medlive Technology Co., Ltd.c,d

     2,691,000        3,717,357  

Flat Glass Group Co., Ltd. H Shares

      1,089,000        3,114,723  

Hangzhou Tigermed Consulting Co., Ltd. A Shares

      185,776        2,588,224  

China Conch Venture Holdings, Ltd.

      1,436,500        2,515,642  

Zhihu, Inc. ADRb

     1,727,604        2,194,057  

Silergy Corp.

      131,000        2,079,833  

Wuxi Biologics Cayman, Inc.b,c,d

     319,000        1,965,666  

Centre Testing International Group Co., Ltd. A Shares

      655,100        1,954,598  

Innovent Biologics, Inc.b,c,d

     378,500        1,697,766  

OPT Machine Vision Tech Co., Ltd. A Shares

      83,485        1,677,965  

Morimatsu International Holdings Co., Ltd.b,d

     1,084,000        1,293,576  

Zhejiang HangKe Technology, Inc., Co. A Shares

      174,096        1,140,228  

CSPC Pharmaceutical Group, Ltd.

      940,960        922,439  

Xinyi Glass Holdings, Ltd.

      368,000        658,315  
     

 

 

 

Total China/Hong Kong

           86,499,151  
     

 

 

 

     
     

INDIA: 15.1%

      

Bandhan Bank, Ltd.b,c,d

     5,297,534        12,665,117  

Shriram Finance, Ltd.

      708,522        10,892,222  

Indus Towers, Ltd.

      1,832,087        3,193,904  

Phoenix Mills, Ltd.

      195,459        3,101,376  

Mahindra & Mahindra, Ltd.

      203,091        2,869,967  

UNO Minda, Ltd.

      35,614        208,804  

Marico, Ltd.

      35,634        208,394  
     

 

 

 

Total India

         33,139,784  
     

 

 

 

     
     

UNITED STATES: 9.0%

      

Legend Biotech Corp. ADRb

     211,641        10,205,329  

Micron Technology, Inc.

      101,844        6,145,267  

Lam Research Corp.

      6,566        3,480,768  
     

 

 

 

Total United States

         19,831,364  
     

 

 

 

     
     

SOUTH KOREA: 8.4%

      

Ecopro BM Co., Ltd.

      59,165        10,252,973  

Solus Advanced Materials Co., Ltd.

      115,014        4,183,306  

Eugene Technology Co., Ltd.

      84,885        2,084,380  

Samsung SDI Co., Ltd.

      3,079        1,748,992  

LG Energy Solution, Ltd.b

     498        224,375  
     

 

 

 

Total South Korea

         18,494,026  
     

 

 

 

     
     

TAIWAN: 8.3%

      

Andes Technology Corp.

      281,000        4,823,460  

Poya International Co., Ltd.

      225,477        4,236,137  

M31 Technology Corp.

      153,000        3,366,634  

Formosa Sumco Technology Corp.

      403,000        2,213,368  

Sporton International, Inc.

      233,448        2,076,695  
      Shares      Value  

Elite Material Co., Ltd.

      243,000        $1,461,064  
     

 

 

 

Total Taiwan

         18,177,358  
     

 

 

 

     
     

BRAZIL: 3.9%

      

B3 SA - Brasil Bolsa Balcao

      2,377,900        4,855,778  

YDUQS Participacoes SA

      1,901,600        2,645,045  

NU Holdings, Ltd. Class Ab

     237,640        1,131,166  
     

 

 

 

Total Brazil

         8,631,989  
     

 

 

 

     
     

POLAND: 3.0%

      

Jeronimo Martins SGPS SA

      150,401        3,530,341  

InPost SAb

     334,507        3,059,193  
     

 

 

 

Total Poland

         6,589,534  
     

 

 

 

     
     

SAUDI ARABIA: 1.5%

      

Saudi Tadawul Group Holding Co.

      84,607        3,263,419  
     

 

 

 

Total Saudi Arabia

         3,263,419  
     

 

 

 

     
     

VIETNAM: 1.4%

      

Nam Long Investment Corp.

      2,565,039        2,938,636  
     

 

 

 

Total Vietnam

         2,938,636  
     

 

 

 

     
     

JORDAN: 1.2%

      

Hikma Pharmaceuticals PLC

      125,267        2,596,453  
     

 

 

 

Total Jordan

         2,596,453  
     

 

 

 

     
     

ROMANIA: 1.1%

      

Banca Transilvania SA

      573,157        2,448,504  
     

 

 

 

Total Romania

         2,448,504  
     

 

 

 

     
     

BANGLADESH: 0.8%

      

BRAC Bank, Ltd.

      3,402,700        1,113,127  

GrameenPhone, Ltd.

      266,417        715,811  
     

 

 

 

Total Bangladesh

         1,828,938  
     

 

 

 

     
     

ESTONIA: 0.8%

      

Enefit Green AS

      381,912        1,825,301  
     

 

 

 

Total Estonia

         1,825,301  
     

 

 

 

     
     

INDONESIA: 0.8%

      

PT Summarecon Agung Tbk

      49,500,191        1,750,900  
     

 

 

 

Total Indonesia

         1,750,900  
     

 

 

 

     
     

TOTAL COMMON EQUITIES

           208,015,357  
     

 

 

 

(Cost $211,621,044)

      
 

 

matthewsasia.com  |  800.789.ASIA   1

Matthews Emerging Markets Sustainable Future Fund      March 31, 2023  
Schedule of Investmentsa (unaudited) (continued)   

 

PREFERRED EQUITIES: 4.9%

 

      Shares      Value  

SOUTH KOREA: 4.9%

      

Samsung SDI Co., Ltd., Pfd.

      41,656          $10,693,031  
     

 

 

 

Total South Korea

         10,693,031  
     

 

 

 

     
     

TOTAL PREFERRED EQUITIES

         10,693,031  
     

 

 

 

(Cost $ 11,238,090)

      
   

TOTAL INVESTMENTS: 99.6%

 

      218,708,388  

(Cost $ 222,859,134)

      

CASH AND OTHER ASSETS,

 

   

LESS LIABILITIES: 0.4%

         822,210  
     

 

 

 

NET ASSETS: 100.0%

         $219,530,598  
     

 

 

 

  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 March 31, 2023, the aggregate value is $41,320,556, which is 18.82% 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.

 

  ADR

American Depositary Receipt

 

  Pfd.

Preferred

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