NPORT-EX 2 757141MATT033124.htm
Matthews Emerging Markets Discovery Active ETF March 31, 2024
Schedule of Investmentsa (unaudited)
COMMON EQUITIES: 98.2%  
  Shares Value 
China/Hong Kong: 25.8%
Full Truck Alliance Co., Ltd. ADRb  31,701 $230,466
Airtac International Group  4,000 138,735
Flat Glass Group Co., Ltd. H Shares  57,000 138,523
Zhihu, Inc. ADRb  188,538 128,941
Tongcheng Travel Holdings, Ltd.b,c  46,800 123,481
Silergy Corp.  10,000 102,176
Medlive Technology Co., Ltd.c,d  101,000 97,432
SITC International Holdings Co., Ltd.  40,000 73,086
Xtep International Holdings, Ltd.  115,500 71,575
Beijing Capital International Airport Co., Ltd. H Sharesb  234,000 70,860
Ginlong Technologies Co., Ltd. A Shares  6,300 51,447
Hainan Meilan International Airport Co., Ltd. H Sharesb  54,000 48,505
Centre Testing International Group Co., Ltd. A Shares  26,200 45,676
Hongfa Technology Co., Ltd. A Shares  12,900 43,264
Innovent Biologics, Inc.b,c,d  8,000 38,536
Peijia Medical, Ltd.b,c,d  78,000 36,476
OPT Machine Vision Tech Co., Ltd. A Shares  2,157 30,006
AK Medical Holdings, Ltd.c,d  44,000 27,660
Legend Biotech Corp. ADRb  390 21,875
Zhejiang HangKe Technology, Inc. Co. A Shares  6,408 18,720
CIFI Ever Sunshine Services Group, Ltd.c  90,000 14,834
WuXi XDC Cayman, Inc.b  2,000 4,677
Total China/Hong Kong   1,556,951
India: 22.5%
Shriram Finance, Ltd.  12,303 348,161
Bandhan Bank, Ltd.c,d  142,362 307,247
Phoenix Mills, Ltd.  5,435 181,344
Radico Khaitan, Ltd.  4,859 100,658
Finolex Cables, Ltd.  8,073 96,892
UNO Minda, Ltd.  8,615 70,731
Rainbow Children’s Medicare, Ltd.  3,789 58,948
Cartrade Tech, Ltd.b  6,966 53,292
Barbeque Nation Hospitality, Ltd.b  8,823 52,667
Hindware Home Innovation, Ltd.  9,692 43,775
Shankara Building Products, Ltd.  3,596 27,644
HEG, Ltd.  813 17,976
Total India   1,359,335
Taiwan: 13.3%
M31 Technology Corp.  6,000 240,911
Wiwynn Corp.  3,000 205,290
Elite Material Co., Ltd.  9,000 113,331
Andes Technology Corp.  6,000 79,585
Poya International Co., Ltd.  3,000 46,636
AURAS Technology Co., Ltd.  2,000 41,183
AP Memory Technology Corp.  3,000 36,371
Formosa Sumco Technology Corp.  7,000 35,981
Total Taiwan   799,288
Brazil: 8.8%
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA  106,500 177,658
Grupo SBF SA  58,300 150,829
YDUQS Participacoes SA  38,800 140,378
   
  Shares Value 
Vivara Participacoes SA  12,100 $61,400
Total Brazil   530,265
South Korea: 8.2%
Hugel, Inc.b  1,610 230,931
Eugene Technology Co., Ltd.  3,836 121,384
Advanced Nano Products Co., Ltd.  740 72,722
Solus Advanced Materials Co., Ltd.  4,311 56,135
Ecopro BM Co., Ltd.b  60 12,368
Total South Korea   493,540
Chile: 4.5%
Parque Arauco SA  64,595 95,182
Lundin Mining Corp.  7,200 73,743
Banco de Credito e Inversiones SA  2,240 63,967
Aguas Andinas SA Class A  126,534 36,895
Total Chile   269,787
Saudi Arabia: 4.2%
Saudi Tadawul Group Holding Co.  2,792 203,082
Seera Group Holdingb  7,005 53,044
Total Saudi Arabia   256,126
Philippines: 2.8%
GT Capital Holdings, Inc.  9,910 124,106
Cebu Air, Inc.b  83,200 47,361
Total Philippines   171,467
Poland: 1.9%
InPost SAb  7,388 113,981
Total Poland   113,981
Vietnam: 1.4%
Military Commercial Joint Stock Bank  38,800 39,903
Mobile World Investment Corp.  14,000 28,796
Nam Long Investment Corp.  8,000 14,132
Total Vietnam   82,831
Indonesia: 1.1%
PT Mitra Adiperkasa Tbk  472,800 54,273
PT Summarecon Agung Tbk  445,600 14,895
Total Indonesia   69,168
Thailand: 1.0%
Siam Wellness Group Public Co., Ltd. F Sharesb  171,900 60,774
Total Thailand   60,774
South Africa: 0.9%
Transaction Capital, Ltd.b  117,857 54,397
Total South Africa   54,397
Mexico: 0.9%
Banco del Bajio SAc,d  13,300 51,850
Total Mexico   51,850
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Matthews Emerging Markets Discovery Active ETF March 31, 2024
Schedule of Investmentsa (unaudited) (continued)
COMMON EQUITIES (continued)  
  Shares Value 
Bangladesh: 0.6%
BRAC Bank PLC  94,484 $34,694
Total Bangladesh   34,694
Turkey: 0.3%
Ford Otomotiv Sanayi AS  501 17,886
Total Turkey   17,886
TOTAL COMMON EQUITIES 5,922,340
(Cost $5,970,361)    
PREFERRED EQUITIES: 1.9%  
Brazil: 1.9%
Banco Pan SA, Pfd.  59,700 113,543
Total Brazil   113,543
TOTAL PREFERRED EQUITIES 113,543
(Cost $101,193)    
Total Investments: 100.1%   6,035,883
(Cost $6,071,554)    
LIABILITIES IN EXCESS OF CASH
AND OTHER ASSETS: (0.1%) 		  (8,200)
Net Assets: 100.0%   $6,027,683
    
a Certain securities were fair valued under the valuation policies approved by the Board of Trustees.
b Non-income producing security.
c The securities may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.
d 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, 2024, the aggregate value is $559,201, which is 9.28% of net assets.
ADR American Depositary Receipt
Pfd. Preferred
 
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