HSG Holding Ltd Long-Term Concentrated

Location: Na, Hong Kong

CIK: 0001470766 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 15, 2026

Total Value: $1.62B (100.0% shares, 0.0% debt)

Holdings (20)

PDD PDD HOLDINGS INC 70.4%

Value $1.14B Shares 11,348,426 Est. Cost $121.85 Unrealized —

BEKE KE HLDGS INC 6.6%

Value $108M Shares 1,939,017 Est. Cost $34.30 Unrealized —

PONY PONY AI INC 6.2%

Value $100M Shares 7,538,358 Est. Cost $13.28 Unrealized —

FUTU FUTU HLDGS LTD 4.0%

Value $65.36M Shares 740,352 Est. Cost $158.82 Unrealized —

BULL WEBULL CORP 3.4%

Value $55.23M Shares 7,053,639 Est. Cost $14.97 Unrealized -52.2%

CRCL CIRCLE INTERNET GROUP INC 3.0%

Value $48.65M Shares 669,200 Est. Cost $85.41 Unrealized -18.4%

BZ KANZHUN LIMITED 1.7%

Value $27.76M Shares 1,900,000 Est. Cost $24.04 Unrealized —

DDL DINGDONG CAYMAN LTD 1.6%

Value $26.34M Shares 10,091,839 Est. Cost $3.55 Unrealized —

AVBP ARRIVENT BIOPHARMA INC 0.9%

Value $13.98M Shares 663,308 Est. Cost $20.17 Unrealized +9.4%

COE 51TALK ONLINE EDUCATION GROU 0.5%

Value $7.817M Shares 474,901 Est. Cost $8.90 Unrealized —

THCH TH INTERNATIONAL LIMITED 0.5%

Value $7.542M Shares 2,900,606 Est. Cost $2.71 Unrealized -23.5%

LOT LOTUS TECHNOLOGY INC 0.4%

Value $6.333M Shares 4,834,099 Est. Cost $4.34 Unrealized —

GPCR STRUCTURE THERAPEUTICS INC 0.4%

Value $6.205M Shares 266,062 Est. Cost $50.42 Unrealized —

BTDR BITDEER TECHNOLOGIES GROUP 0.2%

Value $2.89M Shares 293,732 Est. Cost $7.36 Unrealized +63.0%

ADAG ADAGENE INC 0.1%

Value $2.028M Shares 1,343,364 Est. Cost $14.36 Unrealized —

BRNS BARINTHUS BIOTHERAPEUTICS PL 0.1%

Value $1.165M Shares 1,420,473 Est. Cost $4.45 Unrealized —

SLAI SOLAI LIMITED 0.0%

Value $627K Shares 350,427 Est. Cost $2.70 Unrealized —

YMT YIMUTIAN INC 0.0%

Value $544K Shares 3,442,060 Est. Cost $0.16 Unrealized —

LYEL LYELL IMMUNOPHARMA INC 0.0%

Value $73,104 Shares 152,299 Est. Cost $9.11 Unrealized +167.0%

BNR BURNING ROCK BIOTECH LTD 0.0%

Value $62,363 Shares 21,212 Est. Cost $7.32 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PDD	PDD HOLDINGS INC	11,348,426	$1.14B	70.4%	$121.85	—	SPONSORED ADS	722304102
BEKE	KE HLDGS INC	1,939,017	$108M	6.6%	$34.30	—	SPONSORED ADS	482497104
PONY	PONY AI INC	7,538,358	$100M	6.2%	$13.28	—	SPONSORED ADS	732908108
FUTU	FUTU HLDGS LTD	740,352	$65.36M	4.0%	$158.82	—	SPON ADS CL A	36118L106
BULL	WEBULL CORP	7,053,639	$55.23M	3.4%	$14.97	-52.2%	ORD SHS	G9572D103
CRCL	CIRCLE INTERNET GROUP INC	669,200	$48.65M	3.0%	$85.41	-18.4%	COM CL A	172573107
BZ	KANZHUN LIMITED	1,900,000	$27.76M	1.7%	$24.04	—	SPONSORED ADS	48553T106
DDL	DINGDONG CAYMAN LTD	10,091,839	$26.34M	1.6%	$3.55	—	ADS	25445D101
AVBP	ARRIVENT BIOPHARMA INC	663,308	$13.98M	0.9%	$20.17	+9.4%	COM	04272N102
COE	51TALK ONLINE EDUCATION GROU	474,901	$7.817M	0.5%	$8.90	—	SPONSORED ADR	16954L204
THCH	TH INTERNATIONAL LIMITED	2,900,606	$7.542M	0.5%	$2.71	-23.5%	SHS NEW	G8656L130
LOT	LOTUS TECHNOLOGY INC	4,834,099	$6.333M	0.4%	$4.34	—	SPONSORED ADR	54572F101
GPCR	STRUCTURE THERAPEUTICS INC	266,062	$6.205M	0.4%	$50.42	—	SPONSORED ADS	86366E106
BTDR	BITDEER TECHNOLOGIES GROUP	293,732	$2.89M	0.2%	$7.36	+63.0%	CL A ORD SHS	G11448100
ADAG	ADAGENE INC	1,343,364	$2.028M	0.1%	$14.36	—	ADS	005329107
BRNS	BARINTHUS BIOTHERAPEUTICS PL	1,420,473	$1.165M	0.1%	$4.45	—	ADS	91864C107
SLAI	SOLAI LIMITED	350,427	$627K	0.0%	$2.70	—	SPON ADR	055474209
YMT	YIMUTIAN INC	3,442,060	$544K	0.0%	$0.16	—	SPONSORED ADS	985915107
LYEL	LYELL IMMUNOPHARMA INC	152,299	$73,104	0.0%	$9.11	+167.0%	COM NEW	55083R203
BNR	BURNING ROCK BIOTECH LTD	21,212	$62,363	0.0%	$7.32	—	SPONSORED ADS	12233L206