UG Investment Advisers 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
AIRBNB INC	COM CL A	009066101	168	1,000	SH		SOLE		1,000	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	592	4,000	SH		SOLE		4,000	0	0
BILIBILI INC	NOTE 1.250% 6/1	090040AD8	1,753	1,000,000	SH		SOLE		1,000,000	0	0
BLUECITY HLDGS LTD	ADS	09610L106	3,914	1,304,512	SH		SOLE		1,304,512	0	0
CAMECO CORP	COM	13321L108	148	6,800	SH		SOLE		6,800	0	0
DIDI GLOBAL INC	SPONSORED ADS	23292E108	1,325	170,100	SH		SOLE		170,100	0	0
NEW ORIENTAL ED & TECHNOLOGY	SPON ADR	647581107	1,334	650,683	SH		SOLE		650,683	0	0
FUTU HLDGS LTD	SPON ADS CL A	36118L106	728	8,000	SH		SOLE		8,000	0	0
HUTCHMED CHINA LTD	SPONSORED ADS	44842L103	1,763	48,155	SH		SOLE		48,155	0	0
IQIYI INC	NOTE 4.000%12/1	46267XAE8	168	200,000	SH		SOLE		200,000	0	0
MINISO GROUP HLDG LTD	SPONSORED ADS	66981J102	7,207	472,904	SH		SOLE		472,904	0	0
QUALCOMM INC	COM	747525103	395	3,063	SH		SOLE		3,063	0	0
STMICROELECTRONICS N V	NY REGISTRY	861012102	11,856	271,746	SH		SOLE		271,746	0	0
TAL EDUCATION GROUP	SPONSORED ADS	874080104	7,174	1,482,216	SH		SOLE		1,482,216	0	0