Filed: 11/14/2025ACC: 0001768375-25-000010
📋 What this filing means
ASPEX MANAGEMENT (HK) LTD filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $4.72M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$4.72M
Total AUM (reported)
252.16M
Total Shares
Allocation by class
SPONSORED ADS$1.03M21.8%
COM$885.0K18.7%
SPONSORD ADS$767.0K16.2%
SPON ADS CL A$426.4K9.0%
SPON ADR$312.0K6.6%
SPON ADS$266.7K5.6%
CLASS A ORD$214.7K4.5%
Portfolio Concentration
Top 3$1.94M41.1%
4–10$1.90M40.2%
11–25$884.6K18.7%
Rest$19.000.0%
Top 3 weight
41.1%
Top 10 weight
81.3%
Voting Authority Distribution
Total shares with voting rights: 252.16M
Sole
Full voting authority
252.16M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings26
Rows:
SEA LTD
SOLEShares4.29M
TypeSH
Market value$767.0K
16.24%
Sole
4.29M
Shared
0.00
None
0.00
SYNOPSYS INC
SOLEShares1.52M
TypeSH
Market value$748.8K
15.85%
Sole
1.52M
Shared
0.00
None
0.00
FUTU HLDGS LTD
SOLEShares2.45M
TypeSH
Market value$426.4K
9.03%
Sole
2.45M
Shared
0.00
None
0.00
PDD HOLDINGS INC
SOLEShares3.17M
TypeSH
Market value$419.3K
8.88%
Sole
3.17M
Shared
0.00
None
0.00
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares5.88M
TypeSH
Market value$312.0K
6.61%
Sole
5.88M
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
SOLEShares23.76M
TypeSH
Market value$308.2K
6.52%
Sole
23.76M
Shared
0.00
None
0.00
NIO INC
SOLEShares35M
TypeSH
Market value$266.7K
5.65%
Sole
35M
Shared
0.00
None
0.00
AMER SPORTS INC
SOLEShares5.94M
TypeSH
Market value$206.2K
4.37%
Sole
5.94M
Shared
0.00
None
0.00
DOORDASH INC
SOLEShares724.74K
TypeSH
Market value$197.1K
4.17%
Sole
724.74K
Shared
0.00
None
0.00
QIFU TECHNOLOGY INC
SOLEShares6.52M
TypeSH
Market value$187.6K
3.97%
Sole
6.52M
Shared
0.00
None
0.00
GRAB HOLDINGS LIMITED
SOLEShares28.38M
TypeSH
Market value$170.9K
3.62%
Sole
28.38M
Shared
0.00
None
0.00
ATOUR LIFESTYLE HLDGS LTD
SOLEShares4.43M
TypeSH
Market value$166.5K
3.52%
Sole
4.43M
Shared
0.00
None
0.00
CARPENTER TECHNOLOGY CORP
SOLEShares554.76K
TypeSH
Market value$136.2K
2.88%
Sole
554.76K
Shared
0.00
None
0.00
PONY AI INC
SOLEShares4.14M
TypeSH
Market value$93.1K
1.97%
Sole
4.14M
Shared
0.00
None
0.00
SEA LTD
SOLEShares30M
TypeSH
Market value$59.1K
1.25%
Sole
30M
Shared
0.00
None
0.00
H WORLD GROUP LTD
SOLEShares50M
TypeSH
Market value$55.3K
1.17%
Sole
50M
Shared
0.00
None
0.00
LAM RESEARCH CORP
SOLEShares399.64K
TypeSH
Market value$53.5K
1.13%
Sole
399.64K
Shared
0.00
None
0.00
BAIDU INC
SOLEShares368.35K
TypeSH
Market value$48.5K
1.03%
Sole
368.35K
Shared
0.00
None
0.00
GRAB HOLDINGS LIMITED
SOLEShares29.48M
TypeSH
Market value$43.8K
0.93%
Sole
29.48M
Shared
0.00
None
0.00
NETEASE INC
SOLEShares147.66K
TypeSH
Market value$22.4K
0.48%
Sole
147.66K
Shared
0.00
None
0.00
RLX TECHNOLOGY INC
SOLEShares7.90M
TypeSH
Market value$20.8K
0.44%
Sole
7.90M
Shared
0.00
None
0.00
LANVIN GROUP HOLDINGS LIMITE
SOLEShares4.50M
TypeSH
Market value$9.4K
0.20%
Sole
4.50M
Shared
0.00
None
0.00
PRENETICS GLOBAL LTD
SOLEShares346.15K
TypeSH
Market value$4.6K
0.10%
Sole
346.15K
Shared
0.00
None
0.00
VICARIOUS SURGICAL INC
SOLEShares86.67K
TypeSH
Market value$478.00
0.01%
Sole
86.67K
Shared
0.00
None
0.00
PRENETICS GLOBAL LTD
SOLEShares1.17M
TypeSH
Market value$31.00
<0.01%
Sole
1.17M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SEA LTDSOLE | SPONSORD ADS | 4.29M | SH | $767.0K 16.24% | 4.29M | 0.00 | 0.00 |
SYNOPSYS INCSOLE | COM | 1.52M | SH | $748.8K 15.85% | 1.52M | 0.00 | 0.00 |
FUTU HLDGS LTDSOLE | SPON ADS CL A | 2.45M | SH | $426.4K 9.03% | 2.45M | 0.00 | 0.00 |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 3.17M | SH | $419.3K 8.88% | 3.17M | 0.00 | 0.00 |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 5.88M | SH | $312.0K 6.61% | 5.88M | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 23.76M | SH | $308.2K 6.52% | 23.76M | 0.00 | 0.00 |
NIO INCSOLE | SPON ADS | 35M | SH | $266.7K 5.65% | 35M | 0.00 | 0.00 |
AMER SPORTS INCSOLE | COM SHS | 5.94M | SH | $206.2K 4.37% | 5.94M | 0.00 | 0.00 |
DOORDASH INCSOLE | CL A | 724.74K | SH | $197.1K 4.17% | 724.74K | 0.00 | 0.00 |
QIFU TECHNOLOGY INCSOLE | AMERICAN DEP | 6.52M | SH | $187.6K 3.97% | 6.52M | 0.00 | 0.00 |
GRAB HOLDINGS LIMITEDSOLE | CLASS A ORD | 28.38M | SH | $170.9K 3.62% | 28.38M | 0.00 | 0.00 |
ATOUR LIFESTYLE HLDGS LTDSOLE | SPONSORED ADS | 4.43M | SH | $166.5K 3.52% | 4.43M | 0.00 | 0.00 |
CARPENTER TECHNOLOGY CORPSOLE | COM | 554.76K | SH | $136.2K 2.88% | 554.76K | 0.00 | 0.00 |
PONY AI INCSOLE | SPONSORED ADS | 4.14M | SH | $93.1K 1.97% | 4.14M | 0.00 | 0.00 |
SEA LTDSOLE | NOTE 2.375%12/0 | 30M | SH | $59.1K 1.25% | 30M | 0.00 | 0.00 |
H WORLD GROUP LTDSOLE | NOTE 3.000% 5/0 | 50M | SH | $55.3K 1.17% | 50M | 0.00 | 0.00 |
LAM RESEARCH CORPSOLE | COM NEW | 399.64K | SH | $53.5K 1.13% | 399.64K | 0.00 | 0.00 |
BAIDU INCSOLE | SPON ADR REP A | 368.35K | SH | $48.5K 1.03% | 368.35K | 0.00 | 0.00 |
GRAB HOLDINGS LIMITEDSOLE | CLASS A ORD | 29.48M | SH | $43.8K 0.93% | 29.48M | 0.00 | 0.00 |
NETEASE INCSOLE | SPONSORED ADS | 147.66K | SH | $22.4K 0.48% | 147.66K | 0.00 | 0.00 |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 7.90M | SH | $20.8K 0.44% | 7.90M | 0.00 | 0.00 |
LANVIN GROUP HOLDINGS LIMITESOLE | SHS | 4.50M | SH | $9.4K 0.20% | 4.50M | 0.00 | 0.00 |
PRENETICS GLOBAL LTDSOLE | SHS NEW | 346.15K | SH | $4.6K 0.10% | 346.15K | 0.00 | 0.00 |
VICARIOUS SURGICAL INCSOLE | COM CL A | 86.67K | SH | $478.00 0.01% | 86.67K | 0.00 | 0.00 |
PRENETICS GLOBAL LTDSOLE | *W EXP 05/18/202 | 1.17M | SH | $31.00 <0.01% | 1.17M | 0.00 | 0.00 |
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