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

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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
21VIANET GROUP INC SPONSORED ADR 90138A103 11,322 394,483 SH   SOLE   394,483 0 0
51JOB INC SP ADR REP COM 316827104 2,216 31,098 SH   SOLE   31,098 0 0
BAIDU INC SPON ADR REP A 56752108 17,676 116,000 SH   SOLE   116,000 0 0
E HOUSE CHINA HLDGS LTD ADR 26852W103 13,144 1,087,200 SH   SOLE   1,087,200 0 0
HOME INNS & HOTELS MGMT INC SPON ADR 43713W107 16,131 499,572 SH   SOLE   499,572 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 45,698 1,557,000 SH   SOLE   1,557,000 0 0
SINA CORP ORD G81477104 5,739 95,000 SH   SOLE   95,000 0 0
SOUFUN HLDGS LTD ADR 836034108 12,042 176,000 SH   SOLE   176,000 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 9,634 261,361 SH   SOLE   261,361 0 0
YUM BRANDS INC COM 988498101 10,243 135,871 SH   SOLE   135,871 0 0