HSG Holding Ltd Long-Term Concentrated

CIK: 0001470766 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $1,940,767 (100.0% shares, 0.0% debt)

Holdings (19)

PDD PDD HOLDINGS INC 73.3%

Value ($000) $1,422,957 Shares 13,595,995 Est. Cost $121.85 Unrealized —

FUTU FUTU HLDGS LTD 6.7%

Value ($000) $130,714 Shares 1,057,644 Est. Cost $158.82 Unrealized —

BULL WEBULL CORP 5.8%

Value ($000) $113,109 Shares 9,457,280 Est. Cost $14.98 Unrealized 0.0%

PONY PONY AI INC 4.0%

Value ($000) $78,184 Shares 5,922,997 Est. Cost $13.20 Unrealized —

BEKE KE HLDGS INC 1.8%

Value ($000) $34,398 Shares 1,939,017 Est. Cost $34.30 Unrealized —

NOAH NOAH HLDGS LTD 1.8%

Value ($000) $34,348 Shares 2,876,720 Est. Cost $13.65 Unrealized —

BZ KANZHUN LIMITED 1.7%

Value ($000) $33,896 Shares 1,900,000 Est. Cost $24.04 Unrealized —

DDL DINGDONG CAYMAN LTD 1.2%

Value ($000) $22,505 Shares 11,141,166 Est. Cost $3.55 Unrealized —

COE 51TALK ONLINE EDUCATION GROU 1.1%

Value ($000) $22,018 Shares 667,223 Est. Cost $8.90 Unrealized —

AVBP ARRIVENT BIOPHARMA INC 0.7%

Value ($000) $14,440 Shares 663,308 Est. Cost $20.17 Unrealized +2.9%

LOT LOTUS TECHNOLOGY INC 0.5%

Value ($000) $10,635 Shares 4,834,099 Est. Cost $4.34 Unrealized —

THCH TH INTERNATIONAL LIMITED 0.4%

Value ($000) $8,600 Shares 2,900,606 Est. Cost $2.71 Unrealized 0.0%

GPCR STRUCTURE THERAPEUTICS INC 0.3%

Value ($000) $5,518 Shares 266,062 Est. Cost $50.42 Unrealized —

BTDR BITDEER TECHNOLOGIES GROUP 0.2%

Value ($000) $3,372 Shares 293,732 Est. Cost $7.36 Unrealized +57.0%

ADAG ADAGENE INC 0.1%

Value ($000) $2,620 Shares 1,343,364 Est. Cost $14.36 Unrealized —

LYEL LYELL IMMUNOPHARMA INC 0.1%

Value ($000) $1,346 Shares 152,299 Est. Cost $9.11 Unrealized 0.0%

BRNS BARINTHUS BIOTHERAPEUTICS PL 0.1%

Value ($000) $1,321 Shares 1,420,473 Est. Cost $4.45 Unrealized —

SLAI BIT MINING LIMITED 0.0%

Value ($000) $718 Shares 350,427 Est. Cost $2.70 Unrealized —

BNR BURNING ROCK BIOTECH LTD 0.0%

Value ($000) $67 Shares 21,212 Est. Cost $7.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PDD	PDD HOLDINGS INC	13,595,995	$1,422,957	73.3%	$121.85	—	SPONSORED ADS	722304102
FUTU	FUTU HLDGS LTD	1,057,644	$130,714	6.7%	$158.82	—	SPON ADS CL A	36118L106
BULL	WEBULL CORP	9,457,280	$113,109	5.8%	$14.98	0.0%	ORD SHS	G9572D103
PONY	PONY AI INC	5,922,997	$78,184	4.0%	$13.20	—	SPONSORED ADS	732908108
BEKE	KE HLDGS INC	1,939,017	$34,398	1.8%	$34.30	—	SPONSORED ADS	482497104
NOAH	NOAH HLDGS LTD	2,876,720	$34,348	1.8%	$13.65	—	SPON ADS	65487X102
BZ	KANZHUN LIMITED	1,900,000	$33,896	1.7%	$24.04	—	SPONSORED ADS	48553T106
DDL	DINGDONG CAYMAN LTD	11,141,166	$22,505	1.2%	$3.55	—	ADS	25445D101
COE	51TALK ONLINE EDUCATION GROU	667,223	$22,018	1.1%	$8.90	—	SPONSORED ADR	16954L204
AVBP	ARRIVENT BIOPHARMA INC	663,308	$14,440	0.7%	$20.17	+2.9%	COM	04272N102
LOT	LOTUS TECHNOLOGY INC	4,834,099	$10,635	0.5%	$4.34	—	SPONSORED ADR	54572F101
THCH	TH INTERNATIONAL LIMITED	2,900,606	$8,600	0.4%	$2.71	0.0%	SHS NEW	G8656L130
GPCR	STRUCTURE THERAPEUTICS INC	266,062	$5,518	0.3%	$50.42	—	SPONSORED ADS	86366E106
BTDR	BITDEER TECHNOLOGIES GROUP	293,732	$3,372	0.2%	$7.36	+57.0%	CL A ORD SHS	G11448100
ADAG	ADAGENE INC	1,343,364	$2,620	0.1%	$14.36	—	ADS	005329107
LYEL	LYELL IMMUNOPHARMA INC	152,299	$1,346	0.1%	$9.11	0.0%	COM NEW	55083R203
BRNS	BARINTHUS BIOTHERAPEUTICS PL	1,420,473	$1,321	0.1%	$4.45	—	ADS	91864C107
SLAI	BIT MINING LIMITED	350,427	$718	0.0%	$2.70	—	SPON ADR	055474209
BNR	BURNING ROCK BIOTECH LTD	21,212	$67	0.0%	$7.32	—	SPONSORED ADS	12233L206