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

                                  FORM 13F

                            FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: September 30, 2012

Check here if Amendment [ ]; Amendment Number:
This amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:           Asian Century Quest Capital LLC
Address:        152 West 57th Street, 6th Floor
                New York, NY 10019

13 File Number: 028-13311

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct, and complete, and
and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.


Person Signing this Report on Behalf of Reporting Manager:

Name:      Steve Zang
Title:     CFO
Phone:     212-328-9303
Signature, Place and Date of Signing:

/s/ Steve Zang          New York, NY            November 14, 2012
______________          ______________          _________________
 [Signature]            [City, State]                [Date]


Report Type (Check only one.):
[X]     13F HOLDINGS REPORT.(Check here if all holdings of this reporting
        manager are reported in this report).

[ ]     13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting managers(s).)

[ ]     13F COMBINATION REPORT.(Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager: None.



                           FORM 13F SUMMARY PAGE


Report Summary:


Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    9


Form 13F Information Table Value Total:    226,482 (thousands)

List of Other Included Managers:           None


                                                                                                        
                                                                FORM 13F INFORMATION TABLE
                                                              VALUE   SHARES/ SH/ PUT/ INVSTMT   OTHER        VOTING AUTHORITY
           NAME OF ISSUER        TITLE OF CLASS     CUSIP   x($1000) PRN AMT  PRN CALL DISCRETN MANAGERS   SOLE    SHARED    NONE
  ------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- -------
  BAIDU INC                      ADRS STOCKS      056752108    23378    200000 SH       SOLE                 200000        0      0
  COGNIZANT TECHNOLOGY SOLUTION  COMMON STOCK     192446102    52418    750000 SH       SOLE                 750000        0      0
  HOME INNS & HOTELS MGMT INC    ADRS STOCKS      43713W107     2507    101100 SH       SOLE                 101100        0      0
  MELCO CROWN ENTMT LTD          ADRS STOCKS      585464100    55268   4100000 SH       SOLE                4100000        0      0
  MICRON TECHNOLOGY INC          COMMON STOCK     595112103    23920   4000000 SH       SOLE                4000000        0      0
  SINA CORP                      COMMON STOCK     G81477104    36240    560299 SH       SOLE                 560299        0      0
  SIRIUS XM RADIO INC            COMMON STOCK     82967N108    22015   8500000 SH       SOLE                8500000        0      0
  VANCEINFO TECHNOLOGIES INC     ADRS STOCKS      921564100     5495    700000 SH       SOLE                 700000        0      0
  YOUKU INC                      ADRS STOCKS      98742U100     5241    285000 SH       SOLE                 285000        0      0