Location: Hong Kong
CIK: 0001845501 · Show all filings
Period: Q2 2026 (← Previous)
Filing Date: Aug 12, 2026
Total Value: $331M (83.3% shares, 16.7% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | QFIN HOLDINGS INC | 24,000,000 | $21.4M | 6.5% | $0.89 | — | NOTE 0.500% 4/0 | 88557WAB7 |
| GRAB | GRAB HOLDINGS LIMITED | 4,681,160 | $17.65M | 5.3% | $3.77 | — | CLASS A ORD | G4124C109 |
| — | FINVOLUTION GROUP | 15,000,000 | $13.2M | 4.0% | $0.88 | — | NOTE 2.500% 7/0 | 31810TAB7 |
| AVGO | BROADCOM INC | 30,000 | $11.33M | 3.4% | $377.75 | — | COM | 11135F101 |
| AMD | ADVANCED MICRO DEVICES INC | 15,000 | $8.714M | 2.6% | $580.91 | — | COM | 007903107 |
| — | ALPHABET INC | 110,000 | $5.598M | 1.7% | $50.89 | — | DEP SHS RP1/20 A | 02079K404 |
| — | ALPHABET INC | 110,000 | $5.533M | 1.7% | $50.30 | — | DEP SHS RP1/20 B | 02079K602 |
| PLAB | PHOTRONICS INC | 110,000 | $3.578M | 1.1% | $32.53 | — | COM | 719405102 |
| CLS | CELESTICA INC | 8,000 | $2.918M | 0.9% | $364.80 | — | COM | 15101Q207 |
| SHMD | SCHMID GROUP N.V. | 440,816 | $2.76M | 0.8% | $6.26 | — | EURO SHS CL A | N68722102 |
| TONX | TON STRATEGY CO | 1,027,206 | $2.619M | 0.8% | $2.55 | — | COM | 92337U302 |
| NVTS | NAVITAS SEMICONDUCTOR CORP | 100,000 | $1.792M | 0.5% | $17.92 | — | COM | 63942X106 |
| IQ | IQIYI INC | 114,855 | $119K | 0.0% | $1.04 | — | SPONSORED ADS | 46267X108 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| SPGI | S&P GLOBAL INC | 30,000 (+172.7%) | $12.22M (+161.1%) | 3.7% | $435.86 | — | COM | 78409V104 |
| — | IQIYI INC | 22,700,000 (+9.7%) | $20.77M (+10.4%) | 6.3% | $0.91 | — | NOTE 4.625% 3/1 | 46267XAK4 |
| BSM | BLACK STONE MINERALS L P | 880,000 (+14.0%) | $12.29M (+5.3%) | 3.7% | $14.98 | — | COM UNIT | 09225M101 |
| NRP | NATURAL RESOURCE PARTNERS LP | 120,000 (+20.0%) | $11.64M (-3.8%) | 3.5% | $117.00 | — | COM UNIT LTD PAR | 63900P608 |
| RBLX | ROBLOX CORP | 206,800 (+5.1%) | $11.25M (+1.0%) | 3.4% | $81.40 | — | CL A | 771049103 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| META | META PLATFORMS INC | 53,000 | $30.32M | 9.1% | $333.44 | — | — | 30303M102 |
| MSFT | MICROSOFT CORP | 75,000 | $27.76M | 8.4% | $434.61 | — | — | 594918104 |
| — | STRATEGY INC | 30,000,000 | $26.28M | 7.9% | $0.88 | — | — | 594972AU5 |
| — | STRATEGY INC | 15,000,000 | $15.37M | 4.6% | $1.21 | — | — | 594972AN1 |
| — | MARA HOLDINGS INC | 16,000,000 | $14.74M | 4.4% | $83.70 | — | — | 565788AH9 |
| PBI | PITNEY BOWES INC | 1,120,000 | $12.38M | 3.7% | $10.44 | — | — | 724479100 |
| BMNR | BITMINE IMMERSION TECNOLOGIE | 429,565 | $8.497M | 2.6% | $25.42 | — | — | 09175A206 |
| — | NIO INC | 8,500,000 | $8.447M | 2.5% | $0.68 | — | — | 62914VAK2 |
| NTES | NETEASE COM INC | 17,600 | $1.97M | 0.6% | $111.94 | — | — | 64110W102 |
| ONC | BEONE MEDICINES LTD | 6,020 | $1.788M | 0.5% | $216.37 | — | — | 07725L102 |
| YMM | FULL TRUCK ALLIANCE CO LTD | 146,000 | $1.212M | 0.4% | $8.30 | — | — | 35969L108 |
| JD | JD.COM INC | 38,000 | $1.124M | 0.3% | $29.57 | — | — | 47215P106 |
| BIDU | BAIDU INC | 9,000 | $1.003M | 0.3% | $131.77 | — | — | 056752108 |
| — | JOBY AVIATION INC | 1,000,000 | $859K | 0.3% | $0.86 | — | — | 47775AAA9 |
| NIO | NIO INC | 79,000 | $476K | 0.1% | $6.03 | — | — | 62914V106 |
| EDU | NEW ORIENTAL ED & TECHNOLOGY | 4,074 | $231K | 0.1% | $56.63 | — | — | 647581206 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| UBER | UBER TECHNOLOGIES INC | 40,000 (-85.1%) | $2.886M (-85.0%) | 0.9% | $78.39 | — | COM | 90353T100 |
| AXP | AMERICAN EXPRESS CO | 63,000 (-35.7%) | $21.31M (-28.1%) | 6.4% | $283.74 | — | COM | 025816109 |
| GOOGL | ALPHABET INC | 98,616 (-31.5%) | $35.24M (-14.9%) | 10.6% | $146.68 | — | CAP STK CL A | 02079K305 |
| ADBE | ADOBE INC | 49,000 (-10.9%) | $10.05M (-24.9%) | 3.0% | $289.87 | — | COM | 00724F101 |
| NOW | SERVICENOW INC | 65,000 (-18.8%) | $6.453M (-22.8%) | 1.9% | $121.19 | — | COM | 81762P102 |
| WB | WEIBO CORP | 500,000 (-5.7%) | $3.63M (-21.7%) | 1.1% | $8.75 | — | SPONSORED ADR | 948596101 |
| VEEV | VEEVA SYS INC | 20,000 (-20.0%) | $3.549M (-19.2%) | 1.1% | $203.93 | — | CL A COM | 922475108 |
| ATHM | AUTOHOME INC | 672,117 (-6.4%) | $12.79M (+2.6%) | 3.9% | $19.16 | — | SP ADS RP CL A | 05278C107 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| AMZN | AMAZON COM INC | 169,150 | $40.32M | 12.2% | $221.71 | — | COM | 023135106 |
| NYT | NEW YORK TIMES CO MTN BE | 78,300 | $5.479M | 1.7% | $61.21 | — | CL A | 650111107 |
| HSAI | HESAI GROUP | 445,000 | $8.108M | 2.4% | $23.13 | — | SPONSORED ADS | 428050108 |
| MCO | MOODYS CORP | 20,000 | $9.058M | 2.7% | $489.58 | — | COM | 615369105 |
| FWDI | FORWARD INDUSTRIES INC | 994,164 | $4.195M | 1.3% | $4.43 | — | COM NEW | 349932103 |
| HTHT | H WORLD GROUP LTD | 23,000 | $960K | 0.3% | $50.29 | — | SPONSORED ADS | 44332N106 |
| YUMC | YUM CHINA HLDGS INC | 20,000 | $817K | 0.2% | $51.54 | — | COM | 98850P109 |
| ZTO | ZTO EXPRESS CAYMAN INC | 46,000 | $1.029M | 0.3% | $25.17 | — | SPONSORED ADS A | 98980A105 |
| COYA | COYA THERAPEUTICS INC | 38,766 | $227K | 0.1% | $6.08 | — | COMMON STOCK | 22407B108 |