The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 | ||||
| VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY | |||||
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| AGORA INC-ADR API US | ADS | 00851L103 | 61,696 | 25,600 | SH | DFND | 25,600 | 0 | 0 | ||
| AIRBNB INC-CLASS A ABNB US | COM CL A | 009066101 | 23,707,510 | 186,953 | SH | DFND | 186,953 | 0 | 0 | ||
| ALPHABET INC-CL C GOOG US | CAP STK CL C | 02079K107 | 17,926,613 | 107,223 | SH | DFND | 107,223 | 0 | 0 | ||
| AMAZON.COM INC AMZN US | COM | 023135106 | 5,608,160 | 30,098 | SH | DFND | 30,098 | 0 | 0 | ||
| BAIDU INC - SPON ADR BIDU US | SPON ADR REP A | 056752108 | 4,190,542 | 39,800 | SH | DFND | 39,800 | 0 | 0 | ||
| BILIBILI INC-SPONSORED ADR BILI US | SPONS ADS REP Z | 090040106 | 2,831,482 | 121,107 | SH | DFND | 121,107 | 0 | 0 | ||
| CONSTELLATION ENERGY CEG US | COM | 21037T109 | 427,213 | 1,643 | SH | DFND | 1,643 | 0 | 0 | ||
| DELL TECHNOLOGIES -C DELL US | CL C | 24703L202 | 11,785,484 | 99,422 | SH | DFND | 99,422 | 0 | 0 | ||
| DIREXION DAILY SEMI BULL 3X SOXL US | DLY SCOND 3XBU | 25459W458 | 17,641,063 | 480,945 | SH | DFND | 480,945 | 0 | 0 | ||
| DIREXION DAILY TSLA BULL 2X TSLL US | DAILY TSLA 2X SH | 25460G286 | 2,793,727 | 202,151 | SH | DFND | 202,151 | 0 | 0 | ||
| DIREXION DLY SM CAP BULL 3X TNA US | DLY SMCAP BULL3X | 25459W847 | 17,036,226 | 384,218 | SH | DFND | 384,218 | 0 | 0 | ||
| DRX DLY FTSE CHINA BEAR 3X YANG US | DAILY FTSE CHINA | 25460E521 | 865,804 | 208,126 | SH | DFND | 208,126 | 0 | 0 | ||
| DRX DLY S&P BIOTECH BULL 3X LABU US | DAILY S&P BIOTCH | 25460G120 | 5,360,605 | 41,639 | SH | DFND | 41,639 | 0 | 0 | ||
| ENPHASE ENERGY INC ENPH US | COM | 29355A107 | 3,356,694 | 29,700 | SH | DFND | 29,700 | 0 | 0 | ||
| FULL TRUCK ALLIANCE -SPN ADR YMM US | SPONSORED ADS | 35969L108 | 4,319,989 | 479,466 | SH | DFND | 479,466 | 0 | 0 | ||
| INTUITIVE SURGICAL INC ISRG US | COM NEW | 46120E602 | 1,336,254 | 2,720 | SH | DFND | 2,720 | 0 | 0 | ||
| IQIYI INC-ADR IQ US | SPONSORED ADS | 46267X108 | 884,884 | 309,400 | SH | DFND | 309,400 | 0 | 0 | ||
| ISHARES SILVER TRUST SLV US | ISHARES | 46428Q109 | 789,798 | 27,800 | SH | DFND | 27,800 | 0 | 0 | ||
| JOYY INC-ADR YY US | ADS REPSTG COM A | 46591M109 | 1,072,704 | 29,600 | SH | DFND | 29,600 | 0 | 0 | ||
| KE HOLDINGS INC-ADR BEKE US | SPONSORED ADS | 482497104 | 12,547,660 | 630,219 | SH | DFND | 630,219 | 0 | 0 | ||
| LIGHTINTHEBOX HOLDING-ADR | SPONSORED ADR | 53225G201 | 708,842 | 245,274 | SH | DFND | 245,274 | 0 | 0 | ||
| META PLATFORMS INC-CLASS A META US | CL A | 30303M102 | 26,347,696 | 46,027 | SH | DFND | 46,027 | 0 | 0 | ||
| MICROSTRATEGY INC-CL A MSTR US | CL A NEW | 594972408 | 18,029,241 | 106,935 | SH | DFND | 106,935 | 0 | 0 | ||
| MOGU INC-ADR | SPON ADS | 608012308 | 1,764,096 | 689,100 | SH | DFND | 689,100 | 0 | 0 | ||
| NETEASE INC-ADR NTES US | SPONSORED ADS | 64110W102 | 2,611,734 | 27,930 | SH | DFND | 27,930 | 0 | 0 | ||
| NVIDIA CORP NVDA US | COM | 67066G104 | 5,677,927 | 46,755 | SH | DFND | 46,755 | 0 | 0 | ||
| PDD HOLDINGS INC PDD US | SPONSORED ADS | 722304102 | 23,342,082 | 173,148 | SH | DFND | 173,148 | 0 | 0 | ||
| REDDIT INC-CL A RDDT US | CL A | 75734B100 | 2,003,177 | 30,388 | SH | DFND | 30,388 | 0 | 0 | ||
| ROBINHOOD MARKETS INC - A HOOD US | COM CL A | 770700102 | 18,130,968 | 774,166 | SH | DFND | 774,166 | 0 | 0 | ||
| SEA LTD-ADR SE US | SPONSORD ADS | 81141R100 | 9,988,306 | 105,943 | SH | DFND | 105,943 | 0 | 0 | ||
| SNAP INC - A SNAP US | CL A | 83304A106 | 85,405,763 | 7,981,847 | SH | DFND | 7,981,847 | 0 | 0 | ||
| SO-YOUNG INTERNATIONAL-ADR | SPONSORED ADS | 83356Q108 | 2,883,801 | 3,067,873 | SH | DFND | 3,067,873 | 0 | 0 | ||
| SUPER MICRO COMPUTER INC SMCI US | COM | 86800U302 | 8,400,037 | 20,173 | SH | DFND | 20,173 | 0 | 0 | ||
| TAIWAN SEMICONDUCTOR-SP ADR TSM US | SPONSORED ADS | 874039100 | 15,405,918 | 88,708 | SH | DFND | 88,708 | 0 | 0 | ||
| TAL EDUCATION GROUP- ADR TAL US | SPONSORED ADS | 874080104 | 5,005,739 | 422,782 | SH | DFND | 422,782 | 0 | 0 | ||
| TENCENT MUSIC ENTERTAINM-ADR TME US | SPON ADS | 88034P109 | 1,295,375 | 107,500 | SH | DFND | 107,500 | 0 | 0 | ||
| TESLA INC TSLA US | COM | 88160R101 | 6,707,670 | 25,638 | SH | DFND | 25,638 | 0 | 0 | ||
| WALT DISNEY CO/THE DIS US | COM | 254687106 | 25,649,544 | 266,655 | SH | DFND | 266,655 | 0 | 0 | ||
| YUNJI INC-ADR | SPONSORED ADS A | 98873N305 | 74,820 | 32,250 | SH | DFND | 32,250 | 0 | 0 | ||
| ZILLOW GROUP INC - C Z US | CL C CAP STK | 98954M200 | 27,403,782 | 429,190 | SH | DFND | 429,190 | 0 | 0 | ||