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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BAIDU INC SPON ADR REP A 056752108 BBG000QXWHD1 77,946,906 654,521 SH   SOLE   654,521 0 0
BANK AMERICA CORP COM 060505104 BBG000BCTLF6 31,787,847 944,100 SH   SOLE   944,100 0 0
BOSTON PROPERTIES INC COM 101121101 BBG000BS5CM9 1,817,403 25,900 SH   SOLE   25,900 0 0
CITIGROUP INC COM NEW 172967424 BBG000FY4S11 24,871,240 483,500 SH   SOLE   483,500 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 BBG000R7Z112 12,748,726 316,896 SH   SOLE   316,896 0 0
DISNEY WALT CO COM 254687106 BBG000BH4R78 22,762,831 252,108 SH   SOLE   252,108 0 0
DOW INC COM 260557103 BBG00BN96922 2,330,700 42,500 SH   SOLE   42,500 0 0
HUMANA INC COM 444859102 BBG000BLKK03 5,859,968 12,800 SH   SOLE   12,800 0 0
HUNTSMAN CORP COM 447011107 BBG000NS26Q8 1,005,200 40,000 SH   SOLE   40,000 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 BBG000BLSL58 2,186,190 27,000 SH   SOLE   27,000 0 0
IQIYI INC SPONSORED ADS 46267X108 BBG00K6DZBD3 23,824,404 4,882,050 SH   SOLE   4,882,050 0 0
ISHARES INC MSCI THAILND ETF 464286624 BBG000VD5B51 40,634,118 636,300 SH   SOLE   636,300 0 0
ISHARES TR CHINA SM-CAP ETF 46429B200 BBG0016RMMX2 18,515,237 721,760 SH   SOLE   721,760 0 0
KE HLDGS INC SPONSORED ADS 482497104 BBG00W9L9LX1 11,894,736 733,790 SH   SOLE   733,790 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 BBG004XB9HY6 33,625,800 1,245,400 SH   SOLE   1,245,400 0 0
NVIDIA CORPORATION COM 67066G104 BBG000BBJQV0 26,246,660 53,000 SH   SOLE   53,000 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 BBG00LBLDDR2 22,429,323 153,300 SH   SOLE   153,300 0 0
PINTEREST INC CL A 72352L106 BBG002583CV8 15,479,016 417,900 SH   SOLE   417,900 0 0
SL GREEN RLTY CORP COM 78440X887 BBG000BVP5P2 2,190,745 48,500 SH   SOLE   48,500 0 0
TARGET CORP COM 87612E106 BBG000H8TVT2 25,863,472 181,600 SH   SOLE   181,600 0 0
TRIP COM GROUP LTD ADS 89677Q107 BBG000CWKYS8 12,581,030 349,376 SH   SOLE   349,376 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 BBG000BLRP41 13,139,562 68,700 SH   SOLE   68,700 0 0
VANECK ETF TRUST JP MRGAN EM LOC 92189H300 BBG000BF8YP3 50,573,250 1,995,000 SH   SOLE   1,995,000 0 0
VORNADO RLTY TR SH BEN INT 929042109 BBG000BWHD54 2,203,500 78,000 SH   SOLE   78,000 0 0