Matthews China Fund Comments on Sun Art Retail Group Ltd

Jul 30, 2015

We trimmed or exited companies that appeared to be losing their competitive positioning, such as supermarket and hypermarket operator Sun Art Retail Group (HKSE:06808). We exited the holding during the quarter as it has been losing market share to e-commerce players in recent years.

From Matthews China Fund (Trades, Portfolio) Q2 2015 Commentary.

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