Matthews China Fund (MCHFX)
Matthews China Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $17.30, up 0.12% on the session, giving a market capitalisation of $406.8M. Its beta of 0.78 implies it has historically moved less than the broad market.
Under typical market conditions, the fund is committed to achieving its investment objective by allocating no less than 80% of its net assets—a figure that encompasses any capital acquired through borrowing for investment purposes—to equity securities, specifically common and preferred stocks, issued by enterprises with significant operations in China. The geographical scope of 'China' extends to include its administrative and other districts, notably Hong Kong. An entity, whether a company or another issuer, is deemed to be 'located' within a particular nation or region—and correspondingly, a security or instrument is classified as originating from that specific country (or Asia more broadly)—should it possess substantial economic or operational ties to that territory.
Matthews China Fund is most often compared with the following Financial Services names: