Matthews International Capital Management Llc Buys Broadcom Inc, Autohome Inc, Momo Inc, Sells PT Telekomunikasi Indonesia (Persero) Tbk, HSBC Holdings PLC, Taro Pharmaceutical Industries

• New Purchases: AVGO, ATHM, MOMO, EDU,
• Added Positions: CTSH, YUMC, FANH, BGNE, HTHT, JOBS, GHG,
• Reduced Positions: BIDU, TLK, HSBC, BABA, BZUN, NTES, CHL, JD, CTRP, AABA,
• Sold Out: TARO, TAL, QD, GSH,

For the details of MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=MATTHEWS+INTERNATIONAL+CAPITAL+MANAGEMENT+LLC

1. Alibaba Group Holding Ltd (BABA) - 1,977,455 shares, 15.76% of the total portfolio. Shares reduced by 4.51%
2. Baidu Inc (BIDU) - 1,313,670 shares, 14.53% of the total portfolio. Shares reduced by 13.88%
3. China Mobile Ltd (CHL) - 5,817,851 shares, 13.77% of the total portfolio. Shares reduced by 4.05%
4. Cognizant Technology Solutions Corp (CTSH) - 3,612,700 shares, 13.48% of the total portfolio. Shares added by 15.38%
5. Yum China Holdings Inc (YUMC) - 4,743,910 shares, 8.06% of the total portfolio. Shares added by 18.78%

Matthews International Capital Management Llc initiated holding in Broadcom Inc. The purchase prices were between $202.46 and $250.56, with an estimated average price of $224.38. The stock is now traded at around $228.45. The impact to a portfolio due to this purchase was 4.12%. The holding were 345,200 shares as of 2018-09-30.

Matthews International Capital Management Llc initiated holding in Autohome Inc. The purchase prices were between $71.77 and $105.53, with an estimated average price of $88.2. The stock is now traded at around $73.61. The impact to a portfolio due to this purchase was 0.8%. The holding were 214,900 shares as of 2018-09-30.

Matthews International Capital Management Llc 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 $32.83. The impact to a portfolio due to this purchase was 0.59%. The holding were 278,700 shares as of 2018-09-30.

Matthews International Capital Management Llc initiated holding in New Oriental Education & Technology Group Inc. The purchase prices were between $67.58 and $98.13, with an estimated average price of $83.05. The stock is now traded at around $58.50. The impact to a portfolio due to this purchase was 0.17%. The holding were 48,600 shares as of 2018-09-30.

Matthews International Capital Management Llc added to a holding in Huazhu Group Ltd by 22.93%. The purchase prices were between $27.07 and $42.79, with an estimated average price of $35.15. The stock is now traded at around $27.77. The impact to a portfolio due to this purchase was 0.24%. The holding were 814,300 shares as of 2018-09-30.

Matthews International Capital Management Llc sold out a holding in Taro Pharmaceutical Industries Ltd. The sale prices were between $97.82 and $116.09, with an estimated average price of $108.28.

Matthews International Capital Management Llc sold out a holding in TAL Education Group. The sale prices were between $24.99 and $41.15, with an estimated average price of $32.31.

Matthews International Capital Management Llc sold out a holding in Qudian Inc. The sale prices were between $4.95 and $9.02, with an estimated average price of $6.86.

Matthews International Capital Management Llc sold out a holding in Guangshen Railway Co Ltd. The sale prices were between $20.72 and $27.82, with an estimated average price of $23.93.