NPORT-EX 2 349255MI9.30.23.htm HTML
Matthews Asia Innovators Active ETF    September 30, 2023
Schedule of Investments (unaudited)   
COMMON EQUITIES: 98.7%   

 

      Shares      Value  

CHINA/HONG KONG: 38.0%

      

PDD Holdings, Inc. ADRa

      53,670        $5,263,417  

Tencent Holdings, Ltd.

      100,300        3,921,406  

Trip.com Group, Ltd. ADRa

      97,815        3,420,591  

Alibaba Group Holding, Ltd. ADRa

      34,289        2,974,228  

Kuaishou Technologya,b,c

      290,400        2,330,438  

KE Holdings, Inc. ADR

      130,621        2,027,238  

Meituan Class Ba,b,c

      133,520        1,953,739  

Legend Biotech Corp. ADRa

      24,128        1,620,678  

NetEase, Inc.

      75,700        1,541,673  

Full Truck Alliance Co., Ltd. ADRa

      217,949        1,534,361  

Baidu, Inc. ADRa

      11,121        1,494,106  

Proya Cosmetics Co., Ltd. A Shares

      92,780        1,293,820  

NARI Technology Co., Ltd. A Shares

      408,980        1,245,619  

Airtac International Group

      41,000        1,243,444  

Bilibili, Inc. Class Za

      85,540        1,182,860  

Contemporary Amperex Technology Co., Ltd. A Shares

      40,200        1,120,242  

MINISO Group Holding, Ltd. ADR

      42,255        1,094,404  

Wuxi Biologics Cayman, Inc.a,b,c

      179,000        1,043,349  

BYD Co., Ltd. A Shares

      31,500        1,023,374  

WuXi AppTec Co., Ltd. A Shares

      55,700        658,851  
     

 

 

  

Total China/Hong Kong

         37,987,838  
     

 

 

  
     
     

INDIA: 23.8%

      

Axis Bank, Ltd.

      261,039        3,258,852  

Zomato, Ltd.a

      2,618,695        3,200,789  

ICICI Bank, Ltd.

      277,893        3,185,481  

Bajaj Finance, Ltd.

      28,459        2,676,816  

Reliance Industries, Ltd.

      86,444        2,441,090  

HDFC Bank, Ltd.

      106,679        1,960,762  

Mahindra & Mahindra, Ltd.

      86,084        1,611,200  

Indian Hotels Co., Ltd.

      300,629        1,488,279  

Titan Co., Ltd.

      37,906        1,437,339  

PB Fintech, Ltd.a

      149,971        1,382,028  

Sona Blw Precision Forgings, Ltd.b,c

      156,027        1,096,156  
     

 

 

  

Total India

         23,738,792  
     

 

 

  
     
     

TAIWAN: 13.7%

      

Taiwan Semiconductor Manufacturing Co., Ltd.

      442,000        7,161,165  

Alchip Technologies, Ltd.

      28,000        2,333,297  

Unimicron Technology Corp.

      220,000        1,182,448  

M31 Technology Corp.

      46,000        1,141,432  

WinWay Technology Co., Ltd.

      47,000        987,159  

Chroma ATE, Inc.

      106,000        906,306  
     

 

 

  

Total Taiwan

         13,711,807  
     

 

 

  
     
     

SOUTH KOREA: 9.9%

      

Samsung Electronics Co., Ltd.

      119,826        6,073,884  

SK Hynix, Inc.

      25,799        2,192,934  

Samsung SDI Co., Ltd.

      2,386        905,315  

Daejoo Electronic Materials Co., Ltd.

      12,302        763,063  
     

 

 

  

Total South Korea

         9,935,196  
     

 

 

  
     
     

UNITED STATES: 3.0%

      

NVIDIA Corp.

      3,909        1,700,376  

Broadcom, Inc.

      1,588        1,318,961  
     

 

 

  

Total United States

         3,019,337  
     

 

 

  
     
      Shares      Value  

INDONESIA: 3.0%

      

PT Bank Rakyat Indonesia Persero Tbk

      4,720,300        $1,595,831  

PT Mitra Adiperkasa Tbk

      11,667,300        1,373,956  
     

 

 

  

Total Indonesia

         2,969,787  
     

 

 

  
     
     

VIETNAM: 2.3%

      

Mobile World Investment Corp.

      551,800        1,194,186  

Military Commercial Joint Stock Bank

      1,393,000        1,060,296  
     

 

 

  

Total Vietnam

         2,254,482  
     

 

 

  
     
     

SINGAPORE: 1.5%

      

Sea, Ltd. ADRa

      33,519        1,473,160  
     

 

 

  

Total Singapore

         1,473,160  
     

 

 

  
     
     

JAPAN: 1.3%

      

Keyence Corp.

      3,400        1,264,533  
     

 

 

  

Total Japan

         1,264,533  
     

 

 

  
     
     

FRANCE: 1.2%

      

LVMH Moet Hennessy Louis Vuitton SE

      1,581        1,199,171  
     

 

 

  

Total France

         1,199,171  
     

 

 

  
     
     

NETHERLANDS: 1.0%

      

ASML Holding NV

      1,666        980,708  
     

 

 

  

Total Netherlands

         980,708  
     

 

 

  
     
     

TOTAL COMMON EQUITIES

         98,534,811  
     

 

 

  

(Cost $95,694,608)

      

SHORT-TERM INVESTMENTS: 1.3%

      
     

MONEY MARKET FUNDS: 1.3%

      

JPMorgan U.S. Government Money Market Fund, Capital Shares, 5.22%d

      1,312,944        1,312,944  
     

 

 

  

(Cost $1,312,944)

 

      
     

TOTAL INVESTMENTS: 100.0%

         99,847,755  

(Cost $97,007,552)

      

CASH AND OTHER ASSETS,

LESS LIABILITIES: 0.0%

         36,176  
     

 

 

  

NET ASSETS: 100.0%

       $ 99,883,931  
     

 

 

  

 

a

Non-income producing security.

 

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, 2023, the aggregate value is $6,423,682, which is 6.43% of net assets.

 

c

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

 

d

Rate shown is the current yield as of September 30, 2023.

 

ADR

American Depositary Receipt

 

 

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