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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Agora Inc ADS 00851L103   3,756,000 1,200,000 SH   SOLE   1,200,000 0 0
Alibaba Group Holding Ltd SPONSORED ADS 01609W102   124,658,260 1,495,600 SH   SOLE   1,495,600 0 0
Coherent Corp COM 19247G107   25,490,000 500,000 SH   SOLE   500,000 0 0
Daqo New Energy Corp SPNSRD ADS NEW 23703Q203   812,183 20,458 SH   SOLE   20,458 0 0
Full Truck Alliance Co Ltd SPONSORED ADS 35969L108   53,859,502 8,659,084 SH   SOLE   8,659,084 0 0
Ke Holdings Inc SPONSORED ADS 482497104   148,500,000 10,000,000 SH   SOLE   10,000,000 0 0
PDD Holdings Inc SPONSORED ADS 722304102   69,140,000 1,000,000 SH   SOLE   1,000,000 0 0
ProShares UltraPro Short QQQ ULTRAPRO SHT QQQ 74347G432   26,253,585 1,388,344 SH   SOLE   1,388,344 0 0
RLX Technology Inc SPONSORED ADS A 74969N103   3,540,000 2,000,000 SH   SOLE   2,000,000 0 0
Tesla Inc COM 88160R101   1,379,528 5,270 SH   SOLE   5,270 0 0
Tuniu Corp SPONSORED ADS 89977P106   4,125,000 2,500,000 SH   SOLE   2,500,000 0 0
iQIYI Inc SPONSORED ADS 46267X108   65,512,823 12,268,319 SH   SOLE   12,268,319 0 0