Perseverance Asset Management International Diversified Active

CIK: 0001802695 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $581,974 (100.0% shares, 0.0% debt)

Holdings (15)

HTHT H WORLD GROUP LTD 35.0%

Value ($000) $203,418 Shares 5,201,183 Est. Cost $36.48 Unrealized —

PDD PDD HOLDINGS INC 30.3%

Value ($000) $176,214 Shares 1,333,235 Est. Cost $105.45 Unrealized —

GOOG ALPHABET INC 12.6%

Value ($000) $73,065 Shares 300,000 Est. Cost $207.36 Unrealized +1.2%

YUMC YUM CHINA HLDGS INC 5.3%

Value ($000) $30,645 Shares 713,999 Est. Cost $37.56 Unrealized +21.0%

RLX RLX TECHNOLOGY INC 3.4%

Value ($000) $19,634 Shares 7,465,567 Est. Cost $2.29 Unrealized —

AS AMER SPORTS INC 3.2%

Value ($000) $18,883 Shares 543,404 Est. Cost $30.58 Unrealized +23.3%

NTES NETEASE INC 2.9%

Value ($000) $17,023 Shares 112,000 Est. Cost $151.99 Unrealized —

IQ IQIYI INC 2.4%

Value ($000) $13,798 Shares 5,390,000 Est. Cost $3.16 Unrealized —

BEKE KE HLDGS INC 2.2%

Value ($000) $12,537 Shares 659,849 Est. Cost $19.00 Unrealized —

BZ KANZHUN LIMITED 1.0%

Value ($000) $5,878 Shares 251,642 Est. Cost $18.24 Unrealized —

TLT ISHARES TR 0.9%

Value ($000) $5,282 Shares 59,100 Est. Cost $89.37 Unrealized —

GOOS CANADA GOOSE HLDGS INC 0.5%

Value ($000) $3,034 Shares 220,000 Est. Cost $12.97 Unrealized 0.0%

SMMT SUMMIT THERAPEUTICS INC 0.2%

Value ($000) $1,234 Shares 59,745 Est. Cost $21.01 Unrealized +15.4%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%

Value ($000) $877 Shares 3,141 Est. Cost $279.29 Unrealized —

RERE ATRENEW INC 0.1%

Value ($000) $450 Shares 97,850 Est. Cost $4.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HTHT	H WORLD GROUP LTD	5,201,183	$203,418	35.0%	$36.48	—	SPONSORED ADS	44332N106
PDD	PDD HOLDINGS INC	1,333,235	$176,214	30.3%	$105.45	—	SPONSORED ADS	722304102
GOOG	ALPHABET INC	300,000	$73,065	12.6%	$207.36	+1.2%	CAP STK CL C	02079K107
YUMC	YUM CHINA HLDGS INC	713,999	$30,645	5.3%	$37.56	+21.0%	COM	98850P109
RLX	RLX TECHNOLOGY INC	7,465,567	$19,634	3.4%	$2.29	—	SPONSORED ADS	74969N103
AS	AMER SPORTS INC	543,404	$18,883	3.2%	$30.58	+23.3%	COM SHS	G0260P102
NTES	NETEASE INC	112,000	$17,023	2.9%	$151.99	—	SPONSORED ADS	64110W102
IQ	IQIYI INC	5,390,000	$13,798	2.4%	$3.16	—	SPONSORED ADS	46267X108
BEKE	KE HLDGS INC	659,849	$12,537	2.2%	$19.00	—	SPONSORED ADS	482497104
BZ	KANZHUN LIMITED	251,642	$5,878	1.0%	$18.24	—	SPONSORED ADS	48553T106
TLT	ISHARES TR	59,100	$5,282	0.9%	$89.37	—	20 YR TR BD ETF	464287432
GOOS	CANADA GOOSE HLDGS INC	220,000	$3,034	0.5%	$12.97	0.0%	SHS SUB VTG	135086106
SMMT	SUMMIT THERAPEUTICS INC	59,745	$1,234	0.2%	$21.01	+15.4%	COM	86627T108
TSM	TAIWAN SEMICONDUCTOR MFG LTD	3,141	$877	0.2%	$279.29	—	SPONSORED ADS	874039100
RERE	ATRENEW INC	97,850	$450	0.1%	$4.60	—	SPONSORED ADS	00138L108