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
21VIANET GROUP INC SPONSORED ADR 90138A103 10,963 548,994 SH   SOLE 548,994 0 0
AIRMEDIA GROUP INC SPONSORED ADR 009411109 4,947 883,378 SH   SOLE 883,378 0 0
BALLARD PWR SYS INC NEW COM 058586108 2,814 2,010,092 SH   SOLE 2,010,092 0 0
CHINA DIGITAL TV HLDG CO LTD SPONSORED ADR 16938G107 3,481 2,035,516 SH   SOLE 2,035,516 0 0
CHINA FIN ONLINE CO LTD SPONSORED ADR 169379104 837 165,000 SH   SOLE 165,000 0 0
CHINA MING YANG WIND PWR GRO SPONSORED ADR 16951C108 1,200 500,000 SH   SOLE 500,000 0 0
CHINA XD PLASTICS CO LTD COM 16948F107 2,576 800,000 SH   SOLE 800,000 0 0
DIREXION SHS ETF TR SEMICONDUCT BEAR 25490K778 3,318 100,000 SH   SOLE 100,000 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103 1,244 200,000 SH   SOLE 200,000 0 0
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 2,728 550,000 SH   SOLE 550,000 0 0
JUMEI INTL HLDG LTD SPONSORED ADR 48138L107 3,255 500,000 SH   SOLE 500,000 0 0
KONGZHONG CORP SPONSORED ADR 50047P104 1,795 250,000 SH   SOLE 250,000 0 0
MOMO INC ADR 60879B107 7,868 700,000 SH   SOLE 700,000 0 0
NETEASE INC SPONSORED ADR 64110W102 5,743 40,000 SH   SOLE 40,000 0 0
PHOENIX NEW MEDIA LTD SPONSORED ADS 71910C103 6,327 1,421,845 SH   SOLE 1,421,845 0 0
RENREN INC SPONSORED ADR 759892102 1,635 500,000 SH   SOLE 500,000 0 0
REWALK ROBOTICS LTD SHS M8216Q101 3,055 325,000 SH   SOLE 325,000 0 0
SEADRILL LIMITED SHS G7945E105 1,650 500,000 SH   SOLE 500,000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 2,630 100,000 SH   SOLE 100,000 0 0
XUNLEI LTD SPONSORED ADR 98419E108 2,505 410,000 SH   SOLE 410,000 0 0