Matthews China Fund Buys New China Life Insurance Co, Beijing Originwater Technology Co, Galaxy Entertainment Group, Sells China Life Insurance Co, Sino Biopharmaceutical, China Petroleum & Chemical Corp

• New Purchases: 01336, 300070, 00027, 00148, MOMO, 00268,
• Added Positions: 02318, 00884, 01299, 000333, 00388, 00384, 000858, JOBS, 01109,
• Reduced Positions: BABA, 01177, 00386, 01171, BIDU, 00700, 03323, 002008, 00257, 00880,
• Sold Out: 02628, 00916, 01813, BZUN, 000786, 600004, 002236,

For the details of Matthews China Fund's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Matthews+China+Fund

1. Alibaba Group Holding Ltd (BABA) - 499,300 shares, 10.11% of the total portfolio. Shares reduced by 17.81%
2. Tencent Holdings Ltd (00700) - 1,796,400 shares, 9.01% of the total portfolio. Shares reduced by 6.46%
3. Ping An Insurance (Group) Co. of China Ltd (02318) - 4,277,500 shares, 5.32% of the total portfolio. Shares added by 14.20%
4. Agricultural Bank of China Ltd (01288) - 81,849,000 shares, 4.93% of the total portfolio. Shares reduced by 1.85%
5. AIA Group Ltd (01299) - 4,478,800 shares, 4.91% of the total portfolio. Shares added by 9.87%

Matthews China Fund initiated holding in New China Life Insurance Co Ltd. The purchase prices were between $30.95 and $38.05, with an estimated average price of $34.39. The stock is now traded at around $37.15. The impact to a portfolio due to this purchase was 3.01%. The holding were 5,131,800 shares as of 2018-09-30.

Matthews China Fund initiated holding in Beijing Originwater Technology Co Ltd. The purchase prices were between $9.39 and $14.07, with an estimated average price of $11.62. The stock is now traded at around $8.48. The impact to a portfolio due to this purchase was 1.17%. The holding were 6,574,350 shares as of 2018-09-30.

Matthews China Fund initiated holding in Galaxy Entertainment Group Ltd. The purchase prices were between $45.7 and $64.75, with an estimated average price of $57.13. The stock is now traded at around $43.75. The impact to a portfolio due to this purchase was 1.07%. The holding were 1,382,000 shares as of 2018-09-30.

Matthews China Fund initiated holding in Kingboard Holdings Ltd. The purchase prices were between $22.2 and $29.6, with an estimated average price of $26.69. The stock is now traded at around $21.50. The impact to a portfolio due to this purchase was 1%. The holding were 2,504,000 shares as of 2018-09-30.

Matthews China Fund initiated holding in Momo Inc. The purchase prices were between $36.18 and $48.25, with an estimated average price of $43.78. The stock is now traded at around $36.48. The impact to a portfolio due to this purchase was 0.96%. The holding were 179,200 shares as of 2018-09-30.

Matthews China Fund initiated holding in Kingdee International Software Group Co Ltd. The purchase prices were between $7.3 and $11.1, with an estimated average price of $8.82. The stock is now traded at around $6.94. The impact to a portfolio due to this purchase was 0.77%. The holding were 5,810,000 shares as of 2018-09-30.

Matthews China Fund added to a holding in CIFI Holdings (Group) Co Ltd by 126.60%. The purchase prices were between $3.6 and $5.12, with an estimated average price of $4.44. The stock is now traded at around $3.36. The impact to a portfolio due to this purchase was 0.57%. The holding were 18,128,000 shares as of 2018-09-30.

Matthews China Fund added to a holding in Midea Group Co Ltd by 32.85%. The purchase prices were between $40.3 and $49.05, with an estimated average price of $43.67. The stock is now traded at around $38.63. The impact to a portfolio due to this purchase was 0.4%. The holding were 2,242,615 shares as of 2018-09-30.

Matthews China Fund added to a holding in Hong Kong Exchanges and Clearing Ltd by 20.86%. The purchase prices were between $209.6 and $239, with an estimated average price of $226.61. The stock is now traded at around $213.60. The impact to a portfolio due to this purchase was 0.36%. The holding were 586,900 shares as of 2018-09-30.

Matthews China Fund added to a holding in China Gas Holdings Ltd by 60.13%. The purchase prices were between $22.15 and $35, with an estimated average price of $28.38. The stock is now traded at around $24.30. The impact to a portfolio due to this purchase was 0.34%. The holding were 2,592,200 shares as of 2018-09-30.

Matthews China Fund sold out a holding in China Life Insurance Co Ltd. The sale prices were between $2.1 and $2.67, with an estimated average price of $2.41.

Matthews China Fund sold out a holding in China Longyuan Power Group Corp Ltd. The sale prices were between $0.82 and $0.98, with an estimated average price of $0.86.

Matthews China Fund sold out a holding in KWG Group Holdings Ltd. The sale prices were between $0.77 and $1.06, with an estimated average price of $0.91.

Matthews China Fund sold out a holding in Baozun Inc. The sale prices were between $44.41 and $64.22, with an estimated average price of $54.16.

Matthews China Fund sold out a holding in Beijing New Building Materialsl PLC. The sale prices were between $15 and $22.03, with an estimated average price of $18.27.

Matthews China Fund sold out a holding in Guangzhou Baiyun International Airport Co Ltd. The sale prices were between $11.6 and $14.66, with an estimated average price of $13.05.

Matthews China Fund reduced to a holding in Sino Biopharmaceutical Ltd by 70.42%. The sale prices were between $7.13 and $12.28, with an estimated average price of $9.97. The stock is now traded at around $7.38. The impact to a portfolio due to this sale was -1.52%. Matthews China Fund still held 4,286,000 shares as of 2018-09-30.

Matthews China Fund reduced to a holding in China Petroleum & Chemical Corp by 44.18%. The sale prices were between $6.81 and $7.94, with an estimated average price of $7.41. The stock is now traded at around $6.39. The impact to a portfolio due to this sale was -1.14%. Matthews China Fund still held 16,586,000 shares as of 2018-09-30.

Matthews China Fund reduced to a holding in Yanzhou Coal Mining Co Ltd by 52.19%. The sale prices were between $8.18 and $10.38, with an estimated average price of $9.26. The stock is now traded at around $7.30. The impact to a portfolio due to this sale was -0.89%. Matthews China Fund still held 6,382,000 shares as of 2018-09-30.

Matthews China Fund reduced to a holding in Baidu Inc by 26.84%. The sale prices were between $213.47 and $271.45, with an estimated average price of $235.02. The stock is now traded at around $201.47. The impact to a portfolio due to this sale was -0.85%. Matthews China Fund still held 97,600 shares as of 2018-09-30.

Matthews China Fund reduced to a holding in China National Building Material Co Ltd by 23.64%. The sale prices were between $6.29 and $8.69, with an estimated average price of $7.54. The stock is now traded at around $5.97. The impact to a portfolio due to this sale was -0.61%. Matthews China Fund still held 20,495,300 shares as of 2018-09-30.

Matthews China Fund reduced to a holding in Han's Laser Technology Industry Group Co Ltd by 52.37%. The sale prices were between $39.52 and $52.08, with an estimated average price of $44.86. The stock is now traded at around $32.00. The impact to a portfolio due to this sale was -0.56%. Matthews China Fund still held 646,096 shares as of 2018-09-30.