MCHETF / FundMatthews China Active ETF
Verdicts genuinely change. Free email alert the moment MCH's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Matthews China Active ETF ETF · Matthews International Funds
56 holdings · as of 2026-06-30 (4.0 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 37.24% of portfolio weight is in non-compliant holdings, over the 5% threshold.
56 holdings, 44 matched (85% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
4.38% of this portfolio’s income is non-permissible — weighted across holdings, computed over 80% of portfolio weight (41 of 56 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
47.7% compliant 0.0% questionable 37.2% non-compliant 14.8% unscreened
All holdings (56)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| 0700.HK TENCENT HOLDINGS LTD | COMPLIANT | 12.05% | AAOIFIpass Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| BABA ALIBABA GROUP HOLDING LTD | COMPLIANT | 5.35% | AAOIFI7.6% Usmani1.1% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic1.1% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| 0148.HK KINGBOARD HOLDINGS LTD | NON_COMPLIANT | 4.65% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 600522.SS JIANGSU ZHONGTIAN TECHNOLOGY CO LTD | COMPLIANT | 4.61% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 601995.SS CHINA INTERNATIONAL CAPITAL CORP LTD | NON_COMPLIANT | 3.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2318.HK PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD | NON_COMPLIANT | 2.71% | AAOIFI155.6% Usmani10.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.4% MSCI Islamic M-Seriesfail FTSE Shariah10.4% |
| 3690.HK MEITUAN LLC | NON_COMPLIANT | 2.68% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 6099.HK CHINA MERCHANTS SECURITIES CO LTD | NON_COMPLIANT | 2.61% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2628.HK CHINA LIFE INSURANCE COMPANY LTD | NON_COMPLIANT | 2.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 688008.SS MONTAGE TECHNOLOGY CO LTD | COMPLIANT | 2.34% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 3968.HK CHINA MERCHANTS BANK COMPANY LTD | NON_COMPLIANT | 2.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 300750.SZ CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | COMPLIANT | 2.19% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 2359.HK WUXI APPTEC CO LTD | COMPLIANT | 2.18% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| SUZHOU TFC OPTICAL COMMUNICATION CO LTD | UNSCREENED | 2.15% | no in-house ratios for this holding |
| ZIJMY ZIJIN MINING GROUP CO LTD | COMPLIANT | 2.13% | AAOIFI18.1% Usmani32.2% Dow Jones Islamic1.4% S&P Shariah1.6% MSCI Islamic32.1% MSCI Islamic M-Series1.6% FTSE Shariah32.1% |
| 002384.SZ SUZHOU DONGSHAN PRECISION MANUFACTURING COMPANY LTD | COMPLIANT | 2.12% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| WUS PRINTED CIRCUIT (KUNSHAN)CO LTD | UNSCREENED | 2.11% | no in-house ratios for this holding |
| CAMBRICON TECHNOLOGIES CORP LTD | UNSCREENED | 2.04% | no in-house ratios for this holding |
| GIGA DEVICE SEMICONDUCTOR INC | UNSCREENED | 1.91% | no in-house ratios for this holding |
| 002371.SZ NAURA TECHNOLOGY GROUP CO LTD | COMPLIANT | 1.89% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0939.HK CHINA CONSTRUCTION BANK CORP | NON_COMPLIANT | 1.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 1801.HK INNOVENT BIOLOGICS INC | COMPLIANT | 1.66% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| JD JD.COM INC | NON_COMPLIANT | 1.65% | AAOIFI28.5% Usmani11.2% Dow Jones Islamic12.5% S&P Shariah13.4% MSCI Islamic11.2% MSCI Islamic M-Series13.4% FTSE Shariah6.4% |
| FOXCONN INDUSTRIAL INTERNET CO LTD | UNSCREENED | 1.62% | no in-house ratios for this holding |
| JP MORGAN US GOVT CAPITAL | UNSCREENED | 1.62% | no in-house ratios for this holding |
| 6030.HK CITIC SECURITIES COMPANY LTD | NON_COMPLIANT | 1.49% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 002142.SZ BANK OF NINGBO CO LTD | NON_COMPLIANT | 1.41% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PDD PDD HOLDINGS INC | NON_COMPLIANT | 1.41% | AAOIFI0.7% Usmani0.9% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.9% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| 603979.SS JCHX MINING MANAGEMENT CO LTD | COMPLIANT | 1.36% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1336.HK NEW CHINA LIFE INSURANCE COMPANY LTD | NON_COMPLIANT | 1.34% | AAOIFI15.8% Usmani1.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.1% MSCI Islamic M-Seriesfail FTSE Shariah1.1% |
| 8JN.SG KANZHUN LTD | NON_COMPLIANT | 1.27% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3993.HK CMOC GROUP LTD | COMPLIANT | 1.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| CHINA YUCHAI INTERNATIONAL LTD | UNSCREENED | 1.24% | no in-house ratios for this holding |
| 300033.SZ HITHINK ROYALFLUSH INFORMATION NETWORK CO LTD | NON_COMPLIANT | 1.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2618.HK JD LOGISTICS INC | NON_COMPLIANT | 1.17% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| NEWAY VALVE (SUZHOU) CO LTD | UNSCREENED | 1.16% | no in-house ratios for this holding |
| 0425.HK MINTH GROUP LTD | COMPLIANT | 1.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 300408.SZ CHAOZHOU THREE CIRCLE GROUP CO LTD | COMPLIANT | 1.08% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 3993.HK CMOC GROUP LTD | COMPLIANT | 1.07% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 600066.SS YUTONG BUS CO LTD | COMPLIANT | 1.01% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1109.HK CHINA RESOURCES LAND LTD | NON_COMPLIANT | 0.94% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0189.HK DONGYUE GROUP LTD | COMPLIANT | 0.92% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 600276.SS JIANGSU HENGRUI PHARMACEUTICALS CO LTD | COMPLIANT | 0.85% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| QFIN QFIN HOLDINGS INC | NON_COMPLIANT | 0.82% | AAOIFI229.7% Usmani4.6% Dow Jones Islamic5.3% S&P Shariah5.9% MSCI Islamic4.6% MSCI Islamic M-Series5.9% FTSE Shariah4.6% |
| 0992.HK LENOVO GROUP LTD | COMPLIANT | 0.81% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 002460.SZ GANFENG LITHIUM GROUP CO LTD | COMPLIANT | 0.73% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 0960.HK LONGFOR GROUP HOLDINGS LTD | NON_COMPLIANT | 0.71% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| 0968.HK XINYI SOLAR HOLDINGS LTD | NON_COMPLIANT | 0.69% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MAYAIR TECHNOLOGY (CHINA) CO LTD | UNSCREENED | 0.63% | no in-house ratios for this holding |
| YUPRF YUEXIU PROPERTY COMPANY LTD | NON_COMPLIANT | 0.53% | AAOIFI773.9% Usmani28.7% Dow Jones Islamic933.6% S&P Shariah1019.5% MSCI Islamic28.5% MSCI Islamic M-Series1019.5% FTSE Shariah28.5% |
| 1548.HK GENSCRIPT BIOTECH CORP | COMPLIANT | 0.51% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 2259.HK ZIJIN GOLD INTERNATIONAL CO LTD | COMPLIANT | 0.47% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 600309.SS WANHUA CHEMICAL GROUP CO LTD | NON_COMPLIANT | 0.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CHINA OVERSEAS GRAND OCEANS GROUP LTD | UNSCREENED | 0.19% | no in-house ratios for this holding |
| CIFI HOLDINGS GROUP COMPANY LTD | UNSCREENED | 0.09% | no in-house ratios for this holding |
| TIMES CHINA HOLDINGS LTD | UNSCREENED | 0.02% | no in-house ratios for this holding |
The published standards disagree about this fund by 22 points of portfolio weight — 42.3% of it passes AAOIFI, 20.5% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 42.3% ratios fail on 42.6% 14.8% not rated under AAOIFI
ratios pass on 27.9% ratios fail on 39.6% 32.2% not rated under Usmani
ratios pass on 32.1% ratios fail on 35.4% 32.2% not rated under Dow Jones Islamic
ratios pass on 32.7% ratios fail on 34.8% 32.2% not rated under S&P Shariah
ratios pass on 20.5% ratios fail on 47.0% 32.2% not rated under MSCI Islamic
ratios pass on 26.4% ratios fail on 41.1% 32.2% not rated under MSCI Islamic M-Series
ratios pass on 26.8% ratios fail on 40.7% 32.2% not rated under FTSE Shariah
43 of 56 listed holdings carry our own per-methodology verdicts (85% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 8 (16% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| 0148.HK KINGBOARD HOLDINGS LTD | 4.65% |
| 601995.SS CHINA INTERNATIONAL CAPITAL CORP LTD | 3.11% |
| 2318.HK PING AN INSURANCE (GROUP) COMPANY OF CHINA LTD | 2.71% |
| 3690.HK MEITUAN LLC | 2.68% |
| 6099.HK CHINA MERCHANTS SECURITIES CO LTD | 2.61% |
| 2628.HK CHINA LIFE INSURANCE COMPANY LTD | 2.54% |
| 3968.HK CHINA MERCHANTS BANK COMPANY LTD | 2.20% |
| 0939.HK CHINA CONSTRUCTION BANK CORP | 1.72% |
| JD JD.COM INC | 1.65% |
| 6030.HK CITIC SECURITIES COMPANY LTD | 1.49% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Matthews China Active ETF (MCH) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for MCH — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 21.90 | BUY |
| Stochastic %K (14) | 0.00 | BUY |
| CCI (20) | -111.59 | BUY |
| Williams %R (14) | -100.00 | BUY |
| MACD (12,26,9) | -0.10 | SELL |
| ROC (10) | -6.14 | SELL |
| Momentum (10) | -1.57 | SELL |
| EMA (10) | 24.67 | SELL |
| SMA (10) | 24.63 | SELL |
| EMA (20) | 25.35 | SELL |
| SMA (20) | 25.57 | SELL |
| EMA (30) | 25.85 | SELL |
| SMA (30) | 26.20 | SELL |
| EMA (50) | 26.49 | SELL |
| SMA (50) | 26.94 | SELL |
| EMA (100) | 27.25 | SELL |
| SMA (100) | 27.69 | SELL |
| EMA (200) | 27.79 | SELL |
| SMA (200) | 28.01 | SELL |
About Matthews China Active ETF
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in China. China includes its administrative and other districts, such as Hong Kong and Macau. The fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 43 |
| ⏱ 15-Min | BEARISH | 16 |
| ⏲ 5-Min | BEARISH | 48 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-27 · Asset managers net 923449 (+22072)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.