Home › Asset managers › MATTHEWS INTERNATIONAL FUNDS › 2025-2026 › Against the board
Two kinds of vote are listed: a board-sponsored proposal MATTHEWS INTERNATIONAL FUNDS voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
561 proposals.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | MATTHEWS INTERNATIONAL FUNDS voted | Funds |
|---|---|---|---|---|---|---|---|
| Alibaba Group Holding Limited | September 25, 2025 | Approve PricewaterhouseCoopers Zhong Tian LLP and PricewaterhouseCoopers as U.S. and Hong Kong Auditors, Respectively, and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 14 | |
| Alibaba Group Holding Limited | September 25, 2025 | Elect Jerry Yang as Director | Director Elections | Board | AGAINST | 14 | |
| Alibaba Group Holding Limited | September 25, 2025 | Elect Wan Ling Martello as Director | Director Elections | Board | AGAINST | 14 | |
| Contemporary Amperex Technology Co., Ltd. | April 3, 2026 | Approve Grant of a General Mandate to the Board to Issue Shares | Capital Structure | Board | AGAINST | 11 | |
| Tencent Holdings Limited | May 13, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 11 | |
| Tencent Holdings Limited | May 13, 2026 | Elect Ian Charles Stone as Director | Director Elections | Board | AGAINST | 11 | |
| Contemporary Amperex Technology Co., Ltd. | December 25, 2025 | Approve Grant of a General Mandate to the Board to Issue Shares | Capital Structure | Board | AGAINST | 10 | |
| Eternal Ltd. | March 13, 2026 | Approve Reappointment and Remuneration of Aparna Popat Ved as Independent Director | Director Elections | Board | AGAINST | 10 | |
| Eternal Ltd. | March 13, 2026 | Approve Reappointment and Remuneration of Kaushik Dutta as Independent Director | Director Elections | Board | AGAINST | 10 | |
| Eternal Ltd. | March 13, 2026 | Approve Reappointment and Remuneration of Namita Gupta as Independent Director | Director Elections | Board | AGAINST | 10 | |
| Eternal Ltd. | March 13, 2026 | Approve Reappointment and Remuneration of Sutapa Banerjee as Independent Director | Director Elections | Board | AGAINST | 10 | |
| Neway Valve (Suzhou) Co., Ltd. | May 15, 2026 | Approve Appointment of Auditor and Internal Control Auditor | Audit-related | Board | AGAINST | 8 | |
| Neway Valve (Suzhou) Co., Ltd. | May 15, 2026 | Approve Use of Own Funds for Investment in Financial Products | Extraordinary Transactions | Board | AGAINST | 8 | |
| PDD Holdings Inc. | December 19, 2025 | Elect Director Haifeng Lin | Director Elections | Board | AGAINST | 8 | |
| PDD Holdings Inc. | December 19, 2025 | Elect Director Jiazhen Zhao | Director Elections | Board | AGAINST | 8 | |
| PDD Holdings Inc. | December 19, 2025 | Elect Director Lei Chen | Director Elections | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | July 29, 2025 | Approve Appointment and Remuneration of Anant M. Ambani as Whole-Time Director, designated as an Executive Director | Compensation | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | July 29, 2025 | Approve Reappointment and Remuneration of Hital R. Meswani as Whole-Time Director, designated as an Executive Director | Compensation | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | July 29, 2025 | Elect Dinesh Kanabar as Director | Director Elections | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | August 29, 2025 | Elect Isha M. Ambani as Director | Director Elections | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | August 29, 2025 | Elect Nikhil R. Meswani as Director | Director Elections | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | June 19, 2026 | Elect Akash M. Ambani as Director | Director Elections | Board | AGAINST | 8 | |
| Reliance Industries Ltd. | June 19, 2026 | Elect Anant M. Ambani as Director | Director Elections | Board | AGAINST | 8 | |
| ICICI Bank Limited | February 25, 2026 | Elect Vijayalakshmi Iyer as Director | Director Elections | Board | AGAINST | 7 | |
| Innovent Biologics, Inc. | June 24, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 7 | |
| Innovent Biologics, Inc. | June 24, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 7 | |
| Marico Limited | August 8, 2025 | Approve Enhancement of Limit for Loan, Guarantee and Investment by the Company under Section 186 of the Companies Act, 2013 | Capital Structure | Board | AGAINST | 7 | |
| NAURA Technology Group Co., Ltd. | December 8, 2025 | Approve Draft and Summary of Employee Share Purchase Plan | Compensation | Board | AGAINST | 7 | |
| NAURA Technology Group Co., Ltd. | December 8, 2025 | Approve Management Method of Employee Share Purchase Plan | Compensation | Board | AGAINST | 7 | |
| Zhongji Innolight Co., Ltd. | June 12, 2026 | Elect Wang Xiaodong as Director | Director Elections | Board | AGAINST | 7 | |
| Zhongji Innolight Co., Ltd. | June 12, 2026 | Elect Zhan Shuping as Director | Director Elections | Board | AGAINST | 7 | |
| CarTrade Tech Ltd. | September 25, 2025 | Approve Payment of Remuneration to Vinay Vinod Sanghi as Managing Director | Compensation | Board | AGAINST | 6 | |
| CarTrade Tech Ltd. | September 25, 2025 | Reelect Victor Anthony Perry III as Director | Director Elections | Board | AGAINST | 6 | |
| Castech, Inc. | May 20, 2026 | Approve Use of Idle Own Funds to Invest in Financial Products | Extraordinary Transactions | Board | AGAINST | 6 | |
| China Resources Land Limited | June 9, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 6 | |
| China Resources Land Limited | June 9, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 6 | |
| China Resources Land Limited | June 9, 2026 | Elect Sun Zhe as Director | Director Elections | Board | AGAINST | 6 | |
| China Resources Land Limited | June 9, 2026 | Elect Zhong Wei as Director | Director Elections | Board | AGAINST | 6 | |
| HYUNDAI ROTEM Co. | March 27, 2026 | Elect Cho Hyeong-jun as Inside Director | Director Elections | Board | AGAINST | 6 | |
| HYUNDAI ROTEM Co. | March 27, 2026 | Elect Jeong Jae-ho as Inside Director | Director Elections | Board | AGAINST | 6 | |
| Kingsoft Cloud Holdings Limited | June 30, 2026 | Adopt 2026 Share Incentive Plan | Compensation | Board | AGAINST | 6 | |
| Kingsoft Cloud Holdings Limited | June 30, 2026 | Adopt Scheme Mandate Limit | Compensation | Board | AGAINST | 6 | |
| Kingsoft Cloud Holdings Limited | June 30, 2026 | Adopt Service Provider Sublimit | Compensation | Board | AGAINST | 6 | |
| Kingsoft Cloud Holdings Limited | June 30, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 6 | |
| Kingsoft Cloud Holdings Limited | June 30, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 6 | |
| Midea Group Co., Ltd. | September 24, 2025 | Approve General Mandate to Issue Onshore and Offshore Debt Financing Instruments | Capital Structure | Board | AGAINST | 6 | |
| Minth Group Limited | June 30, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 6 | |
| PetroChina Company Limited | June 9, 2026 | Elect Zhang Daowei as Director | Director Elections | Board | AGAINST | 6 | |
| Sun Pharmaceutical Industries Limited | July 31, 2025 | Approve Appointment and Remuneration of Dilip Shanghvi as Executive Director | Compensation | Board | AGAINST | 6 | |
| Sun Pharmaceutical Industries Limited | July 31, 2025 | Approve Appointment and Remuneration of Vidhi Shanghvi as Whole-Time Director | Compensation | Board | AGAINST | 6 | |
| TVS Motor Company Limited | January 22, 2026 | Elect Kalpana Unadkat as Director | Director Elections | Board | AGAINST | 6 | |
| Zijin Mining Group Co., Ltd. | June 5, 2026 | Approve Development of Futures and Derivative Trading Businesses of Subsidiaries | Extraordinary Transactions | Board | AGAINST | 6 | |
| Zijin Mining Group Co., Ltd. | June 5, 2026 | Approve General Mandate to Issue Debt Financing Instruments | Capital Structure | Board | AGAINST | 6 | |
| Zijin Mining Group Co., Ltd. | June 5, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights for A Shares and/or H Shares | Capital Structure | Board | AGAINST | 6 | |
| Zijin Mining Group Co., Ltd. | June 5, 2026 | Approve Plan of Guarantees | Capital Structure | Board | AGAINST | 6 | |
| Browave Corp. | June 16, 2026 | Approve Capital Injection by Issuance of Shares via a Private Placement | Capital Structure | Board | AGAINST | 5 | |
| Browave Corp. | June 16, 2026 | Approve Issuance of Restricted Stocks | Compensation | Board | AGAINST | 5 | |
| Browave Corp. | June 16, 2026 | Elect Chen Yu-Liang, with Shareholder No. 00000001, as Non-Independent Director | Director Elections | Board | AGAINST | 5 | |
| Browave Corp. | June 16, 2026 | Elect Lin Chien-Chih, with Shareholder No. F120930XXX, as Independent Director | Director Elections | Board | AGAINST | 5 | |
| Browave Corp. | June 16, 2026 | Elect Tai Chih-Yen, a Representative of National Development Fund Executive Yuan Corporate with Shareholder No. 00000607, as Non-Independent Director | Director Elections | Board | AGAINST | 5 | |
| Browave Corp. | June 16, 2026 | Elect Wu Jin-Hong, with Shareholder No. 00000017, as Non-Independent Director | Director Elections | Board | AGAINST | 5 | |
| Browave Corp. | June 16, 2026 | Elect Wu Yu-Chun, with Shareholder No. C100121XXX, as Non-Independent Director | Director Elections | Board | AGAINST | 5 | |
| Delhivery Limited | May 7, 2026 | Approve Remuneration of Romesh Sobti as Non-Executive Independent Director | Compensation | Board | AGAINST | 5 | |
| InPost SA | December 11, 2025 | Elect Jan Harrer as Supervisory Board Member | Director Elections | Board | AGAINST | 5 | |
| Inox Wind Limited | September 26, 2025 | Approve Payment of Professional Fees to Mukesh Manglik as Director | Compensation | Board | AGAINST | 5 | |
| Inox Wind Limited | September 26, 2025 | Reelect Mukesh Manglik as Director | Director Elections | Board | AGAINST | 5 | |
| Inox Wind Limited | December 27, 2025 | Approve Reappointment and Remuneration of Manoj Dixit as Whole-Time Director | Compensation | Board | AGAINST | 5 | |
| Kaori Heat Treatment Co., Ltd. | May 29, 2026 | Approve Issuance of Shares via a Private Placement | Capital Structure | Board | AGAINST | 5 | |
| Kaori Heat Treatment Co., Ltd. | May 29, 2026 | Elect Hung, Hsiang-Wen, with Shareholder No. Y120102XXX0, as Independent Director | Director Elections | Board | AGAINST | 5 | |
| Korea Investment Holdings Co., Ltd. | March 27, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 5 | |
| LandMark Optoelectronics Corp. | May 27, 2026 | Approve Issuance of Restricted Stocks | Compensation | Board | AGAINST | 5 | |
| LandMark Optoelectronics Corp. | May 27, 2026 | Approve Issuance of Shares via a Private Placement | Capital Structure | Board | AGAINST | 5 | |
| MakeMyTrip Limited | September 11, 2025 | Reelect Director Mohit Kabra | Director Elections | Board | AGAINST | 5 | |
| MakeMyTrip Limited | September 11, 2025 | Reelect Director Savinilorna Payandi Pillay Ramen | Director Elections | Board | AGAINST | 5 | |
| Shanghai Xizhi Technology Co., Ltd. | June 29, 2026 | Approve Grant of General Mandate to Issue H Shares | Capital Structure | Board | AGAINST | 5 | |
| Shanghai Xizhi Technology Co., Ltd. | June 29, 2026 | Approve PricewaterhouseCoopers as Auditors and Authorize Board or Authorized Personnel of the Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 5 | |
| Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. | June 29, 2026 | Approve Acquisition of Wealth Management Products with Idle Self-owned Funds | Extraordinary Transactions | Board | AGAINST | 5 | |
| Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. | June 29, 2026 | Approve Grant of General Mandate to the Board to Issue Shares and Sell Treasury Shares | Capital Structure | Board | AGAINST | 5 | |
| Win Semiconductors Corp. | May 25, 2026 | Approve Issuance of Shares via a Private Placement | Capital Structure | Board | AGAINST | 5 | |
| Wuxi NCE Power Co., Ltd. | April 16, 2026 | Approve 2025 and 2026 Remuneration of Directors | Compensation | Board | AGAINST | 5 | |
| Yantai Jereh Oilfield Services Group Co. Ltd. | May 7, 2026 | Approve Credit Line Application and Provision of Guarantee | Capital Structure | Board | AGAINST | 5 | |
| Zhejiang Sanhua Intelligent Controls Co., Ltd. | December 17, 2025 | Amend Management Rules for the Proceeds | Capital Structure | Board | AGAINST | 5 | |
| 360 One Wam Limited | September 5, 2025 | Approve 360 ONE Employees Stock Option Scheme 2025 | Compensation | Board | AGAINST | 4 | |
| 360 One Wam Limited | September 5, 2025 | Approve 360 ONE Employees Stock Option Scheme 2025 for the Employees of the Subsidiary Company(ies) of the Company | Compensation | Board | AGAINST | 4 | |
| 360 One Wam Limited | September 5, 2025 | Reelect Rishi Mandawat as Director | Director Elections | Board | AGAINST | 4 | |
| Asahi Group Holdings Ltd. | March 24, 2026 | Approve Allocation of Income, with a Final Dividend of JPY 26 | Capital Structure | Board | AGAINST | 4 | |
| Avalon Technologies Ltd. | September 26, 2025 | Reelect Luquman Veedu Ediyanam as Director | Director Elections | Board | AGAINST | 4 | |
| Bangkok Dusit Medical Services Public Co. Ltd. | April 9, 2026 | Elect Chuladej Yossundharakul as Director | Director Elections | Board | AGAINST | 4 | |
| Bangkok Dusit Medical Services Public Co. Ltd. | April 9, 2026 | Elect Poramaporn Prasarttong-Osoth as Director | Director Elections | Board | AGAINST | 4 | |
| CMOC Group Limited | April 28, 2026 | Approve Grant of General Mandate to the Board for Issuance of Additional A Shares and/or H Shares | Capital Structure | Board | AGAINST | 4 | |
| CMOC Group Limited | April 28, 2026 | Approve Purchase of Structured Deposit with Internal Idle Fund | Extraordinary Transactions | Board | AGAINST | 4 | |
| CTBC Financial Holding Co., Ltd. | June 12, 2026 | Approve Issuance of Restricted Stocks | Compensation | Board | AGAINST | 4 | |
| Eugene Technology Co., Ltd. | March 27, 2026 | Elect Shin Seung-woo as Inside Director | Director Elections | Board | AGAINST | 4 | |
| FPT Corp. | April 14, 2026 | Approve Share Issuance Program for Employees with Outstanding Contribution in the 2026-2028 Period | Compensation | Board | AGAINST | 4 | |
| Grupo Financiero Galicia SA | April 28, 2026 | Fix Number of and Elect Directors and Alternates | Director Elections | Board | AGAINST | 4 | |
| Hyundai Motor Co., Ltd. | March 26, 2026 | Approve Total Remuneration of Inside Directors and Outside Directors | Compensation | Board | AGAINST | 4 | |
| Hyundai Motor Co., Ltd. | March 26, 2026 | Elect Jose Munoz as Inside Director | Director Elections | Board | AGAINST | 4 | |
| Hyundai Motor Co., Ltd. | March 26, 2026 | Elect Lee Seung-jo as Inside Director | Director Elections | Board | AGAINST | 4 | |
| InPost SA | May 15, 2026 | Approve Remuneration Report | Compensation | Board | AGAINST | 4 | |
| Inox Wind Limited | June 22, 2026 | Approve Continuation of Directorship of Mukesh Manglik as Non-Executive Director | Director Elections | Board | AGAINST | 4 |
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Built November 1, 2026 from SEC Form N-PX filings.