BAOZUN INC

Ticker: BZUN CUSIP: 06684L103 Class: SPONSORED ADR

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 356,700 Value ($000) $11,814 Avg Close — Range —

Q3 2019

Shares 237,300 Value ($000) $10,133 Avg Close — Range —

Q2 2019

Shares 199,700 Value ($000) $9,957 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	356,700	$11,814	—	—
Q3 2019	237,300	$10,133	—	—
Q2 2019	199,700	$9,957	—	—