# EDGAR Filing Document

**Accession Number:** 0001018170
**File Stem:** 0001145549-25-042067
**Filing Date:** 2025-6
**Character Count:** 20377
**Document Hash:** 4ca62d177ea73094246d27478a85f1e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-042067.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001145549-25-042067

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HARDING LOEVNER FUNDS INC
- **CENTRAL INDEX KEY:** 0001018170

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07739
- **FILM NUMBER:** 251076229

**BUSINESS ADDRESS:**
- **STREET 1:** 400 CROSSING BLVD.
- **STREET 2:** FOURTH FLOOR
- **CITY:** BRIDGEWATER
- **STATE:** NJ
- **ZIP:** 08807
- **BUSINESS PHONE:** 8774358105

**MAIL ADDRESS:**
- **STREET 1:** 333 S. WABASH AVENUE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60604

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HLM FUNDS INC/ FA
- **DATE OF NAME CHANGE:** 19960705

## Series and Classes Contracts Data

### Chinese Equity Portfolio (Series ID: S000070285)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000223577 | Institutional Class | HLMCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** HARDING LOEVNER FUNDS INC

- **b. Investment Company Act file number:** 811-07739

- **c. CIK number of Registrant:** 0001018170

- **d. LEI of Registrant:** 549300RX80LYD8D1FL23

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 400 Crossing Blvd.

  - **City:** Bridgewater

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 08807

  - **Telephone number:** 877-435-8105

**Item A.2. Information about the Series.**

- **a. Name of Series:** Chinese Equity Portfolio

- **b. EDGAR series identifier (if any):** S000070285

- **c. LEI of Series:** 549300W0FC0ICNMTL194

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2862836.52

**Total Liabilities:** $37413.81

**Net Assets:** $2825422.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223577 | 5.28%                | 0.72%                | -3.91%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1534.10                | $147552.14                                 |
| Month 2  | $-25127.41               | $47397.69                                  |
| Month 3  | $-22092.13               | $-94190.93                                 |

### Schedule of Portfolio Investments

| Name                                             | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| S.F. Holding Co Ltd.                             | S.F. Holding Co Ltd. 'A'CNY1                             | CUSIP: Y5349E101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8900 | NS      | $53247.18     | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Proya Cosmetics Co Ltd.                          | Proya Cosmetics Co Ltd. A CNY1                           | CUSIP: Y7S88X100<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4600 | NS      | $60484.82     | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc.                                      | JD.com Inc. USD0.00002 A CLASS                           | CUSIP: G8208B101<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |      1521 | NS      | $24969.73     | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Haier Smart Home Co Ltd.                         | Haier Smart Home Co Ltd. CNY1 H                          | CUSIP: Y298BN100<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |      6200 | NS      | $18172.18     | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                            | Tencent Holdings Ltd. HKD0.00002                         | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      5200 | NS      | $322679.67    | 11.42%            |  |  |  | No            |                  2 | On Loan: No      |
| Inner Mongolia Yili Industrial Group Co Ltd.     | Inner Mongolia Yili Industrial Group Co Ltd. 'A'CNY1     | CUSIP: Y408DG116<br>LEI: 3003002Q2A863JPQFH06 | Long             | EC               | CORP              | CN        |     19600 | NS      | $80279.78     | 2.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuyao Glass Industry Group Co Ltd.               | Fuyao Glass Industry Group Co Ltd. 'A'CNY1               | CUSIP: Y26783103<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |      3900 | NS      | $31218.97     | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ZTO Express (Cayman) Inc.                        | ZTO Express (Cayman) Inc. USD0.0001 A CLASS              | CUSIP: G9897K105<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |      3800 | NS      | $71022.56     | 2.51%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Shanghai Bochu Electronic Technology Co Ltd.     | Shanghai Bochu Electronic Technology Co Ltd. A CNY1      | CUSIP: Y7T83N106<br>LEI: 549300YYZ76IVQGGBM98 | Long             | EC               | CORP              | CN        |      1900 | NS      | $50882.18     | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co. Ltd.                   | Techtronic Industries Co. Ltd. NPV                       | CUSIP: Y8563B159<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |      4500 | NS      | $45778.84     | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd.                        | ANTA Sports Products Ltd. HKD0.10                        | CUSIP: G04011105<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | KY        |      5000 | NS      | $59659.14     | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc.                                     | NetEase Inc. USD0.0001                                   | CUSIP: G6427A102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |      2700 | NS      | $58036.78     | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Qingdao Haier Biomedical Co Ltd                  | Qingdao Haier Biomedical Co Ltd 'A' CNY1                 | CUSIP: Y716D0109<br>LEI: 65560007PZ5ME4672K78 | Long             | EC               | CORP              | CN        |     11200 | NS      | $48628.85     | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhejiang Shuanghuan Driveline Co Ltd.            | Zhejiang Shuanghuan Driveline Co Ltd. 'A'CNY1            | CUSIP: Y9894E102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8400 | NS      | $38900.15     | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Dongguan Yiheda Automation Co Ltd.               | Dongguan Yiheda Automation Co Ltd. A CNY1                | CUSIP: Y209HU105<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     18400 | NS      | $58937.70     | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Li-Ning Co Ltd.                                  | Li-Ning Co Ltd. HKD0.1                                   | CUSIP: G5496K124<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | KY        |     20500 | NS      | $39108.36     | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| ASMPT Ltd.                                       | ASMPT Ltd. HKD0.10                                       | CUSIP: G0535Q133<br>LEI: 529900PYFA1HFYKPT360 | Long             | EC               | CORP              | KY        |      1400 | NS      | $9440.69      | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd.                          | Kweichow Moutai Co Ltd. 'A'CNY1                          | CUSIP: Y5070V116<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |       270 | NS      | $57488.42     | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hangzhou Tigermed Consulting Co Ltd.             | Hangzhou Tigermed Consulting Co Ltd. CNY1 H              | CUSIP: Y3043G118<br>LEI: 300300CP4N8WDF6DOO67 | Long             | EC               | CORP              | CN        |      6200 | NS      | $21422.04     | 0.76%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Fuyao Glass Industry Group Co Ltd.               | Fuyao Glass Industry Group Co Ltd. 'H' CNY1              | CUSIP: Y2680G100<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |      4800 | NS      | $34109.11     | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd.                              | Trip.com Group Ltd. USD0.00125                           | CUSIP: G9066F101<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |      1396 | NS      | $83377.58     | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd.                              | Midea Group Co Ltd. A CNY1                               | CUSIP: Y6S40V103<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |      4400 | NS      | $44608.39     | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuliangye Yibin Co Ltd.                          | Wuliangye Yibin Co Ltd. 'A'CNY1                          | CUSIP: Y9718N106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1100 | NS      | $19483.94     | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Foshan Haitian Flavouring & Food Co Ltd.         | Foshan Haitian Flavouring & Food Co Ltd. 'A'CNY1         | CUSIP: Y23840104<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3498 | NS      | $20182.85     | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongfa Technology Co Ltd.                        | Hongfa Technology Co Ltd. 'A'CNY1                        | CUSIP: Y9716T105<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5980 | NS      | $27049.60     | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Institutional Funds                     | Northern Institutional Funds TREAS PRT PRMR              | CUSIP: 665279873<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     92349 | NS      | $92348.72     | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sany Heavy Industry Co Ltd.                      | Sany Heavy Industry Co Ltd. 'A'CNY1                      | CUSIP: Y75268105<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |     18300 | NS      | $47596.75     | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd, Hong Kong                         | AIA Group Ltd, Hong Kong NPV                             | CUSIP: Y002A1105<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |     13600 | NS      | $102749.33    | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Hefei Meyer Optoelectronic Technology Inc.       | Hefei Meyer Optoelectronic Technology Inc. 'A'CNY1       | CUSIP: Y3123L102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     16680 | NS      | $38514.16     | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.              | Hong Kong Exchanges & Clearing Ltd. NPV                  | CUSIP: Y3506N139<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |      2100 | NS      | $93141.66     | 3.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen Inovance Technology Co Ltd.             | Shenzhen Inovance Technology Co Ltd. 'A'CNY1             | CUSIP: Y7744Z101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6600 | NS      | $65076.96     | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Shandong Sinocera Functional Materials Co Ltd.   | Shandong Sinocera Functional Materials Co Ltd. 'A'CNY1   | CUSIP: Y76867103<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14100 | NS      | $32628.01     | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| TravelSky Technology Ltd.                        | TravelSky Technology Ltd. CLS'H' CNY1                    | CUSIP: Y8972V101<br>LEI: 5299007TAWP4DZ6QFG73 | Long             | EC               | CORP              | CN        |     67000 | NS      | $93578.17     | 3.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance (Group) Company of China Ltd.  | Ping An Insurance (Group) Company of China Ltd. 'H' CNY1 | CUSIP: Y69790106<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     12500 | NS      | $75693.76     | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhou International Group Holdings Ltd.       | Shenzhou International Group Holdings Ltd. HKD0.10       | CUSIP: G8087W101<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | KY        |      7000 | NS      | $48681.80     | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Haitian International Holdings Limited           | Haitian International Holdings Limited HKD0.10           | CUSIP: G4232C108<br>LEI: 30030093DDRS825TVP62 | Long             | EC               | CORP              | KY        |     25020 | NS      | $57993.80     | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc.                           | Delta Electronics Inc. TWD10                             | CUSIP: Y20263102<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |      8000 | NS      | $83729.55     | 2.96%             |  |  |  | No            |                  2 | On Loan: No      |
| LONGi Green Energy Technology Co Ltd.            | LONGi Green Energy Technology Co Ltd. 'A'CNY1            | CUSIP: Y9727F102<br>LEI: 300300NRGAITUP1EZ248 | Long             | EC               | CORP              | CN        |     11060 | NS      | $22391.24     | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Budweiser Brewing Co APAC Ltd.                   | Budweiser Brewing Co APAC Ltd. USD0.00001                | CUSIP: G1674K101<br>LEI: 549300YF1MR4GTF18132 | Long             | EC               | CORP              | KY        |     27400 | NS      | $29194.70     | 1.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| China Tower Corporation Limited                  | China Tower Corporation Limited CNY1 H (POST COMP)       | CUSIP: Y15076121<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | NUSS              | CN        |     53500 | NS      | $77765.27     | 2.75%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Zhejiang Sanhua Intelligent Controls Co Ltd.     | Zhejiang Sanhua Intelligent Controls Co Ltd. 'A'CNY1     | CUSIP: Y9890L126<br>LEI: 8368003UTQ4F88XERZ23 | Long             | EC               | CORP              | CN        |      7400 | NS      | $27254.85     | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| WuXi AppTec Co Ltd.                              | WuXi AppTec Co Ltd. CNY1 H                               | CUSIP: Y971B1118<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |      3400 | NS      | $26608.98     | 0.94%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd.          | Contemporary Amperex Technology Co Ltd. 'A' CNY1         | CUSIP: Y1R48E105<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |      2540 | NS      | $80796.72     | 2.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                       | Alibaba Group Holding Ltd. USD0.000003125                | CUSIP: G01719114<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     11500 | NS      | $172577.78    | 6.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group                       | Airtac International Group TWD10                         | CUSIP: G01408106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      3300 | NS      | $91159.52     | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen Mindray Bio-Medical Electronics Co Ltd. | Shenzhen Mindray Bio-Medical Electronics Co Ltd. A CNY1  | CUSIP: Y774E3101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1500 | NS      | $45359.69     | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan LLC                                      | Meituan LLC USD0.00001 B CLASS                           | CUSIP: G59669104<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | KY        |      3530 | NS      | $59043.25     | 2.09%             |  |  |  | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

**Name of Applicant:** HARDING LOEVNER FUNDS INC

**Signature:** Tracy L. Dotolo

**Name of Signer:** Tracy L. Dotolo

**Title:** Chief Financial Officer