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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

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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
CHINA MOBILE GAMES AND ENTMT G SPONSORED ADR 16952T100 13,739 824,193 SH   DFND 1 824,193 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,759 30,000 SH   DFND 1 30,000 0 0
GOOGLE INC CL A 38259P508 939 1,713 SH   DFND 1 1,713 0 0
PANERA BREAD CO CL A 69840W108 624 3,900 SH   DFND 1 3,900 0 0
BOFI HLDG INC COM 05566U108 651 7,000 SH   DFND 1 7,000 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103 1,885 347,230 SH   DFND 1 347,230 0 0
POTASH CORP SASK INC COM 73755L107 4,140 128,375 SH   DFND 1 128,375 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 8,348 100,288 SH   DFND 1 100,288 0 0