Matthews China Fund Comments on China Everbright International Ltd

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Apr 29, 2015

Over the quarter, the Fund added to a new position, China Everbright International (HKSE:00257). This company operates in the environmental protection industry and focuses on industrial waste-to-energy projects as well as waste water treatment ventures. We believe that China’s severe pollution signals a real demand for such environmental protection services. Amongst the many players, China Everbright is one of the market leaders and has demonstrated its ability to win contracts in China’s larger and more affluent cities.

From Matthews China Fund (Trades, Portfolio) Q1 2015 Commentary.