---
ticker: "MCHS"
name: "Matthews China Discovery Active ETF MCHS"
url: "https://etf.net/etf/MCHS"
grade: "D"
score: 38
graded_at: "2026-10-12"
category: "China"
category_rank: "25 of 30"
methodology: "https://etf.net/methodology"
---

# MCHS: Matthews China Discovery Active ETF MCHS

Grade **D**, Score 38 of 100. Rank 25 of 30 in China.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 3 | 29 of 30 |
| Mission | 61 | 17 of 22 |
| Risk | 65 | 9 of 30 |
| Tradability | 43 | 20 of 30 |
| Holdings | 46 | 18 of 28 |
| Durability | 22 | 27 of 30 |

## Top holdings

The fund holds 49 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash and Others | 9.90% |
| 2 | 1308.HK | Sitc International Holdings Co., Ltd. | 5.30% |
| 3 | 9999.HK | Netease, Inc. Adr | 4.90% |
| 4 | — | Beijing Huafeng Test & Control Technology Co., Ltd. A Shares | 3.98% |
| 5 | 603699.SS | Neway Valve Suzhou Co., Ltd. A Shares | 3.73% |
| 6 | LKNCY | Luckin Coffee, Inc. Adr | 3.72% |
| 7 | 3750.HK | Contemporary Amperex Technology Co., Ltd. A Shares | 3.51% |
| 8 | 6990.HK | Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. H Shares | 3.37% |
| 9 | 0992.HK | Lenovo Group, Ltd. | 3.37% |
| 10 | ATAT | Atour Lifestyle Holdings, Ltd. Adr | 3.25% |
| 11 | 000333.SZ | Midea Group Co., Ltd. A Shares | 3.15% |
| 12 | 1801.HK | Innovent Biologics, Inc. | 2.82% |
| 13 | 0425.HK | Minth Group, Ltd. | 2.78% |
| 14 | — | Acter Technology Integration Group Co., Ltd. A Shares | 2.73% |
| 15 | 1651.HK | Precision Tsugami China Corp., Ltd. | 2.55% |
| 16 | 0700.HK | Tencent Holdings, Ltd. | 2.47% |
| 17 | 0631.HK | Sany Heavy Equipment International Holdings Co., Ltd. | 2.46% |
| 18 | 605111.SS | Wuxi Nce Power Co., Ltd. A Shares | 2.40% |
| 19 | 0522.HK | Asmpt, Ltd. | 2.24% |
| 20 | 3393.HK | Wasion Holdings, Ltd. | 1.99% |
| 21 | 9988.HK | Alibaba Group Holding, Ltd. | 1.97% |
| 22 | 688012.SS | Advanced Micro-Fabrication Equipment, Inc. China A Shares | 1.82% |
| 23 | 002028.SZ | Sieyuan Electric Co., Ltd. A Shares | 1.82% |
| 24 | 1276.HK | Jiangsu Hengrui Pharmaceuticals Co., Ltd. A Shares | 1.81% |
| 25 | 6187.TWO | All Ring Tech Co., Ltd. | 1.79% |
| 26 | 688008.SS | Montage Technology Co., Ltd. A Shares | 1.62% |
| 27 | 2454.TW | Mediatek, Inc. | 1.57% |
| 28 | 3750.HK | Contemporary Amperex Technology Co., Ltd. H Shares | 1.44% |
| 29 | 2382.TW | Quanta Computer, Inc. | 1.42% |
| 30 | 2313.TW | Compeq Manufacturing Co., Ltd. | 1.37% |

Source: etf.net, https://etf.net/etf/MCHS. Please cite the page URL.