Guinness Atkinson Global Innovators Fund (GINNX)
Filed: 29 Nov 24, 1:43pm
GUINNESS ATKINSON CHINA & HONG KONG FUND
Schedule of Investments
at September 30, 2024 (Unaudited)
| Shares | Common Stocks: 99.1% | Value | ||||||
| Appliances: 10.6% | ||||||||
| 238,800 | Haier Smart Home Co., Ltd. - H Shares | $ | 958,462 | |||||
| 93,700 | Midea Group Co., Ltd. | 1,017,115 | ||||||
| 118,309 | Zhejiang Supor Cookware - A Shares | 988,089 | ||||||
| 2,963,666 | ||||||||
| Application Software: 3.6% | ||||||||
| 686,000 | TravelSky Technology, Ltd. | 1,020,160 | ||||||
| Auto/Cars - Light Trucks: 4.8% | ||||||||
| 861,000 | Geely Automobile Holdings Ltd. | 1,349,077 | ||||||
| Auto/Truck Parts & Equipment: 6.1% | ||||||||
| 254,000 | Haitian International Holdings Ltd. | 816,883 | ||||||
| 491,480 | Weichai Power Co., Ltd. - H Shares | 907,918 | ||||||
| 1,724,801 | ||||||||
| Commercial Banks: 3.1% | ||||||||
| 173,000 | China Merchants Bank Co., Ltd. - H Shares | 857,940 | ||||||
| E-Commerce/Services: 7.7% | ||||||||
| 24,500 | Alibaba Group Holding Ltd. | 346,693 | ||||||
| 6,020 | Alibaba Group Holding Ltd. - ADR | 638,842 | ||||||
| 1,352 | JD.com Inc. | 29,063 | ||||||
| 28,300 | JD.com Inc. - ADR | 1,132,000 | ||||||
| 2,146,598 | ||||||||
| Electronic Components: 2.2% | ||||||||
| 376,589 | Shenzhen H&T Intelligent Control Co., Ltd. - A Shares | 613,236 | ||||||
| Energy-Alternate: 5.6% | ||||||||
| 299,370 | Hangzhou First Applied Materials Co., Ltd. | 754,524 | ||||||
| 1,489,987 | Xinyi Solar Holdings Ltd. | 808,874 | ||||||
| 1,563,398 | ||||||||
| Finance: 4.0% | ||||||||
| 27,000 | Hong Kong Exchanges & Clearing Ltd. | 1,133,010 | ||||||
| Food-Dairy Products: 6.7% | ||||||||
| 416,130 | Chongqing Fuling Zhacai Group Co., Ltd. - A Shares | 928,838 | ||||||
| 227,400 | Inner Mongolia Yili Industrial Group Co., Ltd. - A Shares | 943,430 | ||||||
| 1,872,268 | ||||||||
| Home Furnishings: 3.5% | ||||||||
| 375,700 | Suofeiya Home Collection - A Shares | 972,641 | ||||||
GUINNESS ATKINSON CHINA & HONG KONG FUND
Schedule of Investments
at September 30, 2024 (Unaudited)
| Shares | Common Stocks: 99.1% | Value | ||||||
| Insurance: 7.7% | ||||||||
| 114,000 | AIA Group Ltd. | $ | 1,021,438 | |||||
| 175,500 | Ping An Insurance Group Company of China Ltd. - H Shares | 1,132,229 | ||||||
| 2,153,667 | ||||||||
| Internet Application Software: 4.9% | ||||||||
| 24,300 | Tencent Holdings Ltd. | 1,389,831 | ||||||
| Internet Content - Entertainment: 2.7% | ||||||||
| 8,275 | NetEase Inc. - ADR | 773,795 | ||||||
| Machinery-General Industry: 10.1% | ||||||||
| 225,468 | NARI Technology Co., Ltd. - A Shares | 890,365 | ||||||
| 366,097 | Sany Heavy Industry Co., Ltd. - A Shares | 986,444 | ||||||
| 108,054 | Shenzhen Inovance Technology Co., Ltd. - A Shares | 963,047 | ||||||
| 2,839,856 | ||||||||
| Pharmaceuticals: 6.2% | ||||||||
| 1,024,400 | CSPC Pharmaceutical Group Ltd. | 797,280 | ||||||
| 1,938,500 | Sino Biopharmaceutical Ltd. | 930,167 | ||||||
| 1,727,447 | ||||||||
| Real Estate Operations/Development: 3.5% | ||||||||
| 476,000 | China Overseas Land & Investments Ltd. | 974,846 | ||||||
| Retail - Apparel/Shoe: 2.9% | ||||||||
| 90,000 | Shenzhou International Group Holdings Ltd. | 816,819 | ||||||
| Web Portals: 3.2% | ||||||||
| 8,510 | Baidu Inc. - ADR* | 896,018 | ||||||
| Total Common Stocks | 27,789,074 | |||||||
| (cost $30,163,813) | ||||||||
| Total Investments in Securities | 27,789,074 | |||||||
| (cost $30,163,813): 99.09% | ||||||||
| Other Assets less Liabilities: 0.91% | 255,063 | |||||||
| Net Assets: 100.0% | $ | 28,044,137 | ||||||
| * | Non-income producing security. |
ADR - American Depository Receipt