Aspex Management (HK) Ltd Diversified Active

Location: Central, Hong Kong

CIK: 0001768375 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $4.943B

Holdings (24)

SNPS SYNOPSYS INC 20.2%

Value $999M Shares 2,126,089 Est. Cost $503.38 Unrealized -11.8%

FUTU FUTU HLDGS LTD 11.2%

Value $554M Shares 3,371,597 Est. Cost $92.60 Unrealized —

NVDA NVIDIA CORPORATION 10.8%

Value $536M Shares 2,873,869 Est. Cost $186.13 Unrealized 0.0%

SE SEA LTD 8.7%

Value $430M Shares 3,373,016 Est. Cost $81.88 Unrealized —

PDD PDD HOLDINGS INC 7.1%

Value $353M Shares 3,109,525 Est. Cost $132.17 Unrealized —

AS AMER SPORTS INC 5.7%

Value $284M Shares 7,593,627 Est. Cost $36.96 Unrealized -7.2%

GRAB GRAB HOLDINGS LIMITED 5.6%

Value $279M Shares 55,864,875 Est. Cost $5.42 Unrealized +2.0%

EDU NEW ORIENTAL ED & TECHNOLOGY 5.6%

Value $277M Shares 5,024,985 Est. Cost $69.51 Unrealized —

YMM FULL TRUCK ALLIANCE CO LTD 5.2%

Value $255M Shares 23,763,953 Est. Cost $11.24 Unrealized —

LITE LUMENTUM HLDGS INC 5.1%

Value $251M Shares 681,959 Est. Cost $256.82 Unrealized 0.0%

TER TERADYNE INC 4.0%

Value $200M Shares 1,031,838 Est. Cost $171.50 Unrealized 0.0%

ATAT ATOUR LIFESTYLE HLDGS LTD 2.8%

Value $140M Shares 3,557,795 Est. Cost $19.95 Unrealized —

QFIN QIFU TECHNOLOGY INC 2.5%

Value $124M Shares 6,422,510 Est. Cost $22.24 Unrealized —

NIO NIO INC 1.4%

Value $67.02M Shares 13,141,609 Est. Cost $7.62 Unrealized —

— H WORLD GROUP LTD 1.3%

Value $63.9M Shares 50,000,000 Est. Cost $1.31 Unrealized —

PONY PONY AI INC 1.2%

Value $60.04M Shares 4,140,447 Est. Cost $21.51 Unrealized —

NTES NETEASE INC 0.4%

Value $20.32M Shares 147,655 Est. Cost $89.21 Unrealized —

— GRAB HOLDINGS LIMITED 0.4%

Value $18.7M Shares 29,482,900 Est. Cost — Unrealized —

RLX RLX TECHNOLOGY INC 0.4%

Value $18.41M Shares 7,901,172 Est. Cost $1.61 Unrealized —

LANV LANVIN GROUP HOLDINGS LIMITE 0.2%

Value $9.045M Shares 4,500,000 Est. Cost $9.13 Unrealized -77.7%

PRE PRENETICS GLOBAL LTD 0.1%

Value $5.452M Shares 346,150 Est. Cost $4.83 Unrealized +201.6%

RBOT VICARIOUS SURGICAL INC 0.0%

Value $188K Shares 86,666 Est. Cost $6.64 Unrealized -38.8%

PRENW PRENETICS GLOBAL LTD 0.0%

Value $35,000 Shares 1,166,666 Est. Cost $0.29 Unrealized —

LANV/WS LANVIN GROUP HOLDINGS LIMITE 0.0%

Value $16,000 Shares 1,000,000 Est. Cost $0.30 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SNPS	SYNOPSYS INC	2,126,089	$999M	20.2%	$503.38	-11.8%	—	871607107
FUTU	FUTU HLDGS LTD	3,371,597	$554M	11.2%	$92.60	—	—	36118L106
NVDA	NVIDIA CORPORATION	2,873,869	$536M	10.8%	$186.13	0.0%	—	67066G104
SE	SEA LTD	3,373,016	$430M	8.7%	$81.88	—	—	81141R100
PDD	PDD HOLDINGS INC	3,109,525	$353M	7.1%	$132.17	—	—	722304102
AS	AMER SPORTS INC	7,593,627	$284M	5.7%	$36.96	-7.2%	—	G0260P102
GRAB	GRAB HOLDINGS LIMITED	55,864,875	$279M	5.6%	$5.42	+2.0%	—	G4124C109
EDU	NEW ORIENTAL ED & TECHNOLOGY	5,024,985	$277M	5.6%	$69.51	—	—	647581206
YMM	FULL TRUCK ALLIANCE CO LTD	23,763,953	$255M	5.2%	$11.24	—	—	35969L108
LITE	LUMENTUM HLDGS INC	681,959	$251M	5.1%	$256.82	0.0%	—	55024U109
TER	TERADYNE INC	1,031,838	$200M	4.0%	$171.50	0.0%	—	880770102
ATAT	ATOUR LIFESTYLE HLDGS LTD	3,557,795	$140M	2.8%	$19.95	—	—	04965M106
QFIN	QIFU TECHNOLOGY INC	6,422,510	$124M	2.5%	$22.24	—	—	88557W101
NIO	NIO INC	13,141,609	$67.02M	1.4%	$7.62	—	—	62914V106
—	H WORLD GROUP LTD	50,000,000	$63.9M	1.3%	$1.31	—	—	44332NAB2
PONY	PONY AI INC	4,140,447	$60.04M	1.2%	$21.51	—	—	732908108
NTES	NETEASE INC	147,655	$20.32M	0.4%	$89.21	—	—	64110W102
—	GRAB HOLDINGS LIMITED	29,482,900	$18.7M	0.4%	—	—	CALL	G4124C909
RLX	RLX TECHNOLOGY INC	7,901,172	$18.41M	0.4%	$1.61	—	—	74969N103
LANV	LANVIN GROUP HOLDINGS LIMITE	4,500,000	$9.045M	0.2%	$9.13	-77.7%	—	G5380J100
PRE	PRENETICS GLOBAL LTD	346,150	$5.452M	0.1%	$4.83	+201.6%	—	G72245122
RBOT	VICARIOUS SURGICAL INC	86,666	$188K	0.0%	$6.64	-38.8%	—	92561V208
PRENW	PRENETICS GLOBAL LTD	1,166,666	$35,000	0.0%	$0.29	—	—	G72245114
LANV/WS	LANVIN GROUP HOLDINGS LIMITE	1,000,000	$16,000	0.0%	$0.30	—	—	G5380J118