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
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
AUTOHOME INC SP ADR RP CL A 05278C107 487 5,361 SH   DFND   5,361 0 0
BAOZUN INC SPONSORED ADR 06684L103 129 3,400 SH   DFND   3,400 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,573 37,140 SH   DFND   37,140 0 0
JD COM INC SPON ADR CL A 47215P106 1,930 66,195 SH   DFND   66,195 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 1,096 12,921 SH   DFND   12,921 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108 185 5,300 SH   DFND   5,300 0 0
HUTCHISON CHINA MEDITECH LTD SPONSORED ADR 44842L103 142 4,800 SH   DFND   4,800 0 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 477 11,900 SH   DFND   11,900 0 0
51JOB INC SPONSORED ADS 316827104 170 2,300 SH   DFND   2,300 0 0
MOMO INC ADR 60879B107 490 13,128 SH   DFND   13,128 0 0
NOAH HLDGS LTD SPON ADS CL A 65487X102 118 2,600 SH   DFND   2,600 0 0
NETEASE INC SPONSORED ADS 64110W102 1,673 7,112 SH   DFND   7,112 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 1,146 32,262 SH   DFND   32,262 0 0
SINA CORP ORD G81477104 339 5,845 SH   DFND   5,845 0 0
VIPSHOP HLDGS LTD SPONSORED ADS A 92763W103 300 39,293 SH   DFND   39,293 0 0
WEIBO CORP SPONSORED ADR 948596101 287 4,957 SH   DFND   4,957 0 0
58 COM INC SPON ADR REP A 31680Q104 516 8,446 SH   DFND   8,446 0 0
YUM CHINA HLDGS INC COM 98850P109 1,460 33,051 SH   DFND   33,051 0 0
YY INC SPONSORED ADS A 98426T106 359 4,368 SH   DFND   4,368 0 0