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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 44,791 326,772 SH   SOLE   326,772 0 0
BAIDU INC SPON ADR REP A 056752108 381 2,400 SH   SOLE   2,400 0 0
BEST INC SPONSORED ADS 08653C106 20,513 4,990,888 SH   SOLE   4,990,888 0 0
BILIBILI INC SPONS ADS REP Z 090040106 28,029 1,921,104 SH   SOLE   1,921,104 0 0
FOUR SEASONS ED CAYMAN INC ADR 35101A101 1,806 733,887 SH   SOLE   733,887 0 0
GDS HLDGS LTD SPONSORED ADR 36165L108 6,782 293,720 SH   SOLE   293,720 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 8,649 157,800 SH   SOLE   157,800 0 0
NOAH HLDGS LTD SPON ADS CL A 65487X102 65,552 1,513,204 SH   SOLE   1,513,204 0 0
PINDUODUO INC SPONSORED ADS 722304102 5,461 243,357 SH   SOLE   243,357 0 0
TAL ED GROUP SPONSORED ADS 874080104 20,527 769,383 SH   SOLE   769,383 0 0
WYNN RESORTS LTD COM 983134107 8,279 83,700 SH   SOLE   83,700 0 0