Within information technology, our long-term approach of investing in smaller, quality companies has done well. Kingdee International Software Group (HKSE:00268), a firm focused on enterprise resource planning systems, and Sina (NASDAQ:SINA), a Chinese version of Twitter, are among two such companies that contributed most to Fund performance. Both companies belong to the small-capitalization category and fell under much selling pressure last year amid concerns that smaller companies would struggle under a slowing and uncertain business environment. However, the two companies were able to withstand the headwinds and eventually boost their underlying business.
From Matthews China Fund (Trades, Portfolio) Q2 2015 Commentary.
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