HLMCX Harding Loevner Chinese Equity Instl Forecast, Technical & Fundamental Analysis

The investment seeks long-term capital appreciation through investments in equity securities of Chinese companies. The Portfolio invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks, preferred stocks, rights, and warrants issued by Chinese companies, securities convertible into such securities (including depositary receipts), and investment companies that invest in the types of securities in which the Portfolio would normally invest. It is non-diversified.