Perseverance Asset Management International Diversified Active

CIK: 0001802695 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value ($000): $765,510 (100.0% shares, 0.0% debt)

Holdings (22)

HTHT H WORLD GROUP LTD 26.1%

Value ($000) $200,099 Shares 5,406,616 Est. Cost $36.34 Unrealized —

PDD PDD HOLDINGS INC 23.4%

Value ($000) $179,154 Shares 1,513,763 Est. Cost $105.03 Unrealized —

BEKE KE HLDGS INC 10.4%

Value ($000) $79,918 Shares 3,977,989 Est. Cost $16.92 Unrealized —

YUMC YUM CHINA HLDGS INC 7.5%

Value ($000) $57,323 Shares 1,101,087 Est. Cost $37.56 Unrealized +27.7%

BZ KANZHUN LIMITED 6.3%

Value ($000) $48,293 Shares 2,519,195 Est. Cost $18.24 Unrealized —

TCOM TRIP COM GROUP LTD 4.4%

Value ($000) $33,651 Shares 529,276 Est. Cost $47.42 Unrealized —

TME TENCENT MUSIC ENTMT GROUP 3.1%

Value ($000) $23,488 Shares 1,630,011 Est. Cost $9.08 Unrealized —

NTES NETEASE INC 2.8%

Value ($000) $21,238 Shares 206,350 Est. Cost $92.42 Unrealized —

ZTO ZTO EXPRESS CAYMAN INC 2.3%

Value ($000) $17,934 Shares 903,947 Est. Cost $26.64 Unrealized —

RLX RLX TECHNOLOGY INC 2.1%

Value ($000) $16,442 Shares 8,745,994 Est. Cost $2.25 Unrealized —

V VISA INC 2.1%

Value ($000) $15,771 Shares 45,000 Est. Cost $298.33 Unrealized +12.7%

GOOG ALPHABET INC 2.0%

Value ($000) $15,623 Shares 100,000 Est. Cost $171.40 Unrealized +6.5%

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.8%

Value ($000) $13,612 Shares 82,000 Est. Cost $169.84 Unrealized —

LI LI AUTO INC 1.3%

Value ($000) $9,823 Shares 389,793 Est. Cost $25.65 Unrealized —

META META PLATFORMS INC 1.1%

Value ($000) $8,645 Shares 15,000 Est. Cost $488.20 Unrealized +31.8%

TAL TAL EDUCATION GROUP 0.9%

Value ($000) $6,601 Shares 499,687 Est. Cost $9.84 Unrealized —

IQ IQIYI INC 0.6%

Value ($000) $4,249 Shares 1,880,000 Est. Cost $4.28 Unrealized —

EDU NEW ORIENTAL ED & TECHNOLOGY 0.5%

Value ($000) $4,008 Shares 83,832 Est. Cost $47.81 Unrealized —

MSFT MICROSOFT CORP 0.5%

Value ($000) $3,754 Shares 10,000 Est. Cost $250.74 Unrealized +61.6%

AS AMER SPORTS INC 0.3%

Value ($000) $2,533 Shares 94,744 Est. Cost $29.58 Unrealized 0.0%

SMMT SUMMIT THERAPEUTICS INC 0.2%

Value ($000) $1,762 Shares 91,359 Est. Cost $20.06 Unrealized 0.0%

GOOS CANADA GOOSE HLDGS INC 0.2%

Value ($000) $1,590 Shares 200,000 Est. Cost $9.86 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HTHT	H WORLD GROUP LTD	5,406,616	$200,099	26.1%	$36.34	—	SPONSORED ADS	44332N106
PDD	PDD HOLDINGS INC	1,513,763	$179,154	23.4%	$105.03	—	SPONSORED ADS	722304102
BEKE	KE HLDGS INC	3,977,989	$79,918	10.4%	$16.92	—	SPONSORED ADS	482497104
YUMC	YUM CHINA HLDGS INC	1,101,087	$57,323	7.5%	$37.56	+27.7%	COM	98850P109
BZ	KANZHUN LIMITED	2,519,195	$48,293	6.3%	$18.24	—	SPONSORED ADS	48553T106
TCOM	TRIP COM GROUP LTD	529,276	$33,651	4.4%	$47.42	—	ADS	89677Q107
TME	TENCENT MUSIC ENTMT GROUP	1,630,011	$23,488	3.1%	$9.08	—	SPON ADS	88034P109
NTES	NETEASE INC	206,350	$21,238	2.8%	$92.42	—	SPONSORED ADS	64110W102
ZTO	ZTO EXPRESS CAYMAN INC	903,947	$17,934	2.3%	$26.64	—	SPONSORED ADS A	98980A105
RLX	RLX TECHNOLOGY INC	8,745,994	$16,442	2.1%	$2.25	—	SPONSORED ADS	74969N103
V	VISA INC	45,000	$15,771	2.1%	$298.33	+12.7%	COM CL A	92826C839
GOOG	ALPHABET INC	100,000	$15,623	2.0%	$171.40	+6.5%	CAP STK CL C	02079K107
TSM	TAIWAN SEMICONDUCTOR MFG LTD	82,000	$13,612	1.8%	$169.84	—	SPONSORED ADS	874039100
LI	LI AUTO INC	389,793	$9,823	1.3%	$25.65	—	SPONSORED ADS	50202M102
META	META PLATFORMS INC	15,000	$8,645	1.1%	$488.20	+31.8%	CL A	30303M102
TAL	TAL EDUCATION GROUP	499,687	$6,601	0.9%	$9.84	—	SPONSORED ADS	874080104
IQ	IQIYI INC	1,880,000	$4,249	0.6%	$4.28	—	SPONSORED ADS	46267X108
EDU	NEW ORIENTAL ED & TECHNOLOGY	83,832	$4,008	0.5%	$47.81	—	SPON ADR	647581206
MSFT	MICROSOFT CORP	10,000	$3,754	0.5%	$250.74	+61.6%	COM	594918104
AS	AMER SPORTS INC	94,744	$2,533	0.3%	$29.58	0.0%	COM SHS	G0260P102
SMMT	SUMMIT THERAPEUTICS INC	91,359	$1,762	0.2%	$20.06	0.0%	COM	86627T108
GOOS	CANADA GOOSE HLDGS INC	200,000	$1,590	0.2%	$9.86	0.0%	SHS SUB VTG	135086106