# Portfolio overlap — ACEAX vs MCH

Comparing **AB All China Equity Portfolio** (2026-02-28) and **Matthews China Active ETF** (2026-03-31).

- Shared positions: 12
- AB All China Equity Portfolio covered by Matthews China Active ETF: 0.2949103621206657701511183347
- Matthews China Active ETF covered by AB All China Equity Portfolio: 0.2949103621206657701511183347

## AB All China Equity Portfolio — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TENCENT HOLDINGS LTD | 0.085520 | ✓ |
| BABA-W | 0.082166 | ✓ |
| WEICHAI POWER-A | 0.042002 |  |
| CHINA LIFE-H | 0.040569 | ✓ |
| ZIJIN MINING-H | 0.038664 |  |
| NETEASE INC | 0.035473 |  |
| Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.029456 | ✓ |
| BANK OF NINGBO-A | 0.027726 | ✓ |
| PICC P&C-H | 0.025804 |  |
| ALUMINUM CORP-H | 0.024466 |  |
| LONKING | 0.023358 |  |
| H WORLD GP LTD | 0.022586 |  |
| HUATAI SECURIT-A | 0.022434 |  |
| CITIC BANK-H | 0.019480 |  |
| KINGNET NETWOR-A | 0.018827 |  |
| Zijin Gold International Company Limited | 0.017727 |  |
| AB Fixed Income Shares, Inc. - Government Money Market Portfolio | 0.017643 |  |
| WESTERN MINING-A | 0.016962 |  |
| PING AN-H | 0.016528 | ✓ |
| YUNNAN BAIYAO-A | 0.016163 |  |
| YANGZHOU YANGJ-A | 0.015765 |  |
| PICC GROUP-H | 0.015513 |  |
| SINO BIOPHARM | 0.015448 |  |
| CQRC BANK-H | 0.014196 |  |
| MEIHUA HOLDING-A | 0.014157 |  |
| SHANDONG NANSH-A | 0.013721 |  |
| ZHEJIANG HUAYO-A | 0.013373 |  |
| VICTORY GIANT -A | 0.013005 |  |
| TONGFU MICROEL-A | 0.012699 |  |
| CHINA MERCHANTS BANK-H COMMON STOCK | 0.012222 | ✓ |
| GF SECURITIES-A | 0.012009 |  |
| ZHEJIANG NHU-A | 0.011715 |  |
| Yum China Holdings Inc | 0.011638 |  |
| CSSC Hong Kong Shipping Co. Ltd. | 0.011545 |  |
| MONTAGE TECHNO-A | 0.011483 | ✓ |
| ZHEJIANG CHINT-A | 0.011400 |  |
| ANJOY FOODS GR-A | 0.011321 |  |
| 37 INTERACTIV-A | 0.011270 |  |
| SHENGYI TECH C-A | 0.011126 |  |
| Receive CAMBRICON TECHNO Pay Overnight Rate -2 | 0.011078 | ✓ |
| ZMJ GROUP CO L-A | 0.011033 |  |
| TIANSHAN ALUMI-A | 0.010446 |  |
| YUNNAN ALUM-A | 0.010283 |  |
| HUAYU AUTOM-A | 0.010136 |  |
| ZHEJIANG DAHUA-A | 0.009787 |  |
| Midea Group Company, Ltd. | 0.009679 | ✓ |
| HUAXIN CEMENT-H | 0.009614 |  |
| TAL EDUCATION GROUP- ADR DEPOSITARY RECEIPT | 0.009312 |  |
| JIANGSU HENGRU-A | 0.008948 | ✓ |
| Atour Lifestyle Holdings Ltd | 0.008936 |  |

## Matthews China Active ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TENCENT HOLDINGS LTD | 0.125307 | ✓ |
| BABA-W | 0.076805 | ✓ |
| PING AN-H | 0.038660 | ✓ |
| CHINA LIFE-H | 0.029291 | ✓ |
| SUZHOU TFC OPT-A | 0.028648 |  |
| MEITUAN-W | 0.026647 |  |
| ZHONGTIAN TECH-A | 0.024778 |  |
| Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.024502 | ✓ |
| JD-SW | 0.022983 |  |
| JD LOGISTICS INC | 0.022112 |  |
| CCB-H | 0.021261 |  |
| PDD HOLDINGS INC ADR | 0.021029 |  |
| JP MORGAN US GOVT CAPITAL | 0.020431 |  |
| CHINA MERCH BK-A | 0.020304 |  |
| WUXI APPTEC CO-A | 0.020263 | ✓ |
| CHINA MERCHAN-H | 0.020188 |  |
| CHINA MERCHANTS BANK-H COMMON STOCK | 0.019108 | ✓ |
| CHINA INTERNAT-H | 0.018620 |  |
| ZIJIN MINING-A | 0.018439 |  |
| INNOVENT BIOLOGI | 0.018404 |  |
| NEW CHINA LIFE-H | 0.016871 |  |
| CMOC-A | 0.016333 |  |
| GALAXY ENTERTAIN | 0.016242 |  |
| CMOC-H | 0.015336 |  |
| WUS PRINTED-A | 0.015113 |  |
| FOXCONN INDUST-A | 0.014268 |  |
| WILL SEMICONDU-A | 0.013164 |  |
| CHINA OILFIELD-H | 0.012682 |  |
| NAURA TECH GR -A | 0.012307 |  |
| KUAISHOU-W | 0.012233 |  |
| BYD COMPANY LTD H | 0.011047 |  |
| BANK OF NINGBO-A | 0.010785 | ✓ |
| Midea Group Company, Ltd. | 0.010531 | ✓ |
| HKEX | 0.010441 |  |
| MINTH GROUP LTD | 0.010201 |  |
| FUTU HOLDINGS LTD ADR | 0.010181 |  |
| NEWAY VALVE SU-A | 0.010046 |  |
| China Yuchai International Ltd. | 0.009971 |  |
| CHINA RES LAND | 0.009968 |  |
| KANZHUN LTD CL A ADR | 0.009892 |  |
| JIANGSU HENGRU-A | 0.009875 | ✓ |
| SUZHOU EVERBRIGH | 0.009398 |  |
| XINYI SOLAR HLDS | 0.009346 |  |
| SHENZHEN CLOU-A | 0.009152 |  |
| YUTONG BUS CO-A | 0.008998 |  |
| MONTAGE TECHNO-A | 0.008713 | ✓ |
| SUNGROW POWER -A | 0.008673 |  |
| MMG | 0.008112 |  |
| JCHX MINING MA-A | 0.007996 |  |
| KINGBOARD HOLDIN | 0.005718 |  |


## Sources

- N-PORT (fund A) — accession `0001410368-26-040413` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/81443/000141036826040413/0001410368-26-040413-index.htm>
- N-PORT (fund B) — accession `0000940400-26-020633` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/923184/000094040026020633/0000940400-26-020633-index.htm>

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