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 |
| 360 DIGITECH INC | AMERICAN DEP | 88557W101 | 20,788,342 | 1,071,564 | SH | DFND | 1 | 0 | 1,071,564 | 0 | |
| ACM RESH INC | COM CL A | 00108J109 | 2,825,550 | 241,500 | SH | DFND | 1 | 0 | 241,500 | 0 | |
| AEHR TEST SYS | COM | 00760J108 | 2,652,210 | 85,500 | SH | DFND | 1 | 0 | 85,500 | 0 | |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | 97,939,019 | 958,495 | SH | DFND | 1 | 0 | 958,495 | 0 | |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | 3,539,692 | 5,200 | SH | DFND | 1 | 0 | 5,200 | 0 | |
| ATOUR LIFESTYLE HOLDINGS LTD | SPONSORED ADS | 04965M106 | 3,153,771 | 120,327 | SH | DFND | 1 | 0 | 120,327 | 0 | |
| BAIDU INC | SPON ADR REP A | 056752108 | 56,053,348 | 371,411 | SH | DFND | 1 | 0 | 371,411 | 0 | |
| BLOOM ENERGY CORP | COM CL A | 093712107 | 1,559,821 | 78,265 | SH | DFND | 1 | 0 | 78,265 | 0 | |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 | 3,579,600 | 380,000 | SH | DFND | 1 | 0 | 380,000 | 0 | |
| DAQO NEW ENERGY CORP | SPNSRD ADS NEW | 23703Q203 | 6,069,761 | 129,585 | SH | DFND | 1 | 0 | 129,585 | 0 | |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | 2,211,550 | 55,000 | SH | DFND | 1 | 0 | 55,000 | 0 | |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 | 19,929,429 | 384,367 | SH | DFND | 1 | 0 | 384,367 | 0 | |
| GAOTU TECHEDU INC | SPONSORED ADS | 36257Y109 | 10,893,225 | 2,581,333 | SH | DFND | 1 | 0 | 2,581,333 | 0 | |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 | 117,633 | 6,304 | SH | DFND | 1 | 0 | 6,304 | 0 | |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 | 7,176,354 | 146,516 | SH | DFND | 1 | 0 | 146,516 | 0 | |
| HESAI GROUP | SPONSORED ADS | 428050108 | 2,826,632 | 182,717 | SH | DFND | 1 | 0 | 182,717 | 0 | |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | 1,945,690 | 122,140 | SH | DFND | 1 | 0 | 122,140 | 0 | |
| INTEL CORP | COM | 458140100 | 4,439,494 | 135,889 | SH | DFND | 1 | 0 | 135,889 | 0 | |
| JOYY INC | ADS REPSTG COM A | 46591M109 | 34,914,460 | 1,119,771 | SH | DFND | 1 | 0 | 1,119,771 | 0 | |
| KE HLDGS INC | SPONSORED ADS | 482497104 | 37,277,220 | 1,978,621 | SH | DFND | 1 | 0 | 1,978,621 | 0 | |
| LI AUTO INC | SPONSORED ADS | 50202M102 | 581,335 | 23,300 | SH | DFND | 1 | 0 | 23,300 | 0 | |
| MINISO GROUP HLDG LTD | SPONSORED ADS | 66981J102 | 4,899,025 | 276,157 | SH | DFND | 1 | 0 | 276,157 | 0 | |
| NEW ORIENTAL ED & TECHNOLOGY | SPON ADR | 647581206 | 25,413,720 | 658,216 | SH | DFND | 1 | 0 | 658,216 | 0 | |
| NIO INC | SPON ADS | 62914V106 | 116,661 | 11,100 | SH | DFND | 1 | 0 | 11,100 | 0 | |
| NVIDIA CORPORATION | COM | 67066G104 | 11,277,462 | 40,600 | SH | DFND | 1 | 0 | 40,600 | 0 | |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 | 10,200,949 | 134,400 | SH | DFND | 1 | 0 | 134,400 | 0 | |
| PHOTRONICS INC | COM | 719405102 | 1,155,626 | 69,700 | SH | DFND | 1 | 0 | 69,700 | 0 | |
| RLX TECHNOLOGY INC | SPONSORED ADS | 74969N103 | 1,039,070 | 358,300 | SH | DFND | 1 | 0 | 358,300 | 0 | |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 | 3,027,534 | 56,600 | SH | DFND | 1 | 0 | 56,600 | 0 | |
| SYNAPTICS INC | COM | 87157D109 | 2,045,160 | 18,400 | SH | DFND | 1 | 0 | 18,400 | 0 | |
| TRIP COM GROUP LTD | ADS | 89677Q107 | 6,766,361 | 179,622 | SH | DFND | 1 | 0 | 179,622 | 0 | |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 | 2,528,619 | 16,300 | SH | DFND | 1 | 0 | 16,300 | 0 | |
| WESTERN DIGITAL CORP. | COM | 958102105 | 6,219,317 | 165,100 | SH | DFND | 1 | 0 | 165,100 | 0 | |
| ZHIHU INC | ADS | 98955N108 | 15,198,361 | 11,967,213 | SH | DFND | 1 | 0 | 11,967,213 | 0 | |