Filed: 5/19/2025ACC: 0001701717-25-000011
📋 What this filing means
FIRST BEIJING INVESTMENT LTD filed this quarterly 13F‑HR report disclosing 8 equity positions with a total reported market value of $1.46B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
8
Positions
$1.46B
Total AUM (reported)
90.64M
Total Shares
Allocation by class
SPONSORED ADS$599.67M41.2%
AMERICAN DEP$456.50M31.3%
SPON ADR$260.87M17.9%
SPONSORD ADS$124.97M8.6%
SPONSORED ADR$13.05M0.9%
SPON ADS$1.54M0.1%
Portfolio Concentration
Top 3$1.10B75.3%
4–10$359.49M24.7%
Top 3 weight
75.3%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 90.64M
Sole
Full voting authority
55.70M
shares
% of voting shares61.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
34.93M
shares
% of voting shares38.5%
Investment Discretion (by position count)
Sole8
Shared0
Other0
Dominant voting typeSole · 61.5% of voting shares
Institutional Holdings8
Rows:
PDD HOLDINGS INC
SOLEShares3.86M
TypeSH
Market value$456.50M
31.34%
Sole
1.25M
Shared
0.00
None
2.60M
FULL TRUCK ALLIANCE CO LTD
SOLEShares29.74M
TypeSH
Market value$379.74M
26.07%
Sole
4M
Shared
0.00
None
25.73M
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares5.46M
TypeSH
Market value$260.87M
17.91%
Sole
2.34M
Shared
0.00
None
3.11M
ATOUR LIFESTYLE HOLDINGS LTD
SOLEShares5.04M
TypeSH
Market value$142.78M
9.80%
Sole
2.41M
Shared
0.00
None
2.63M
SEA LTD
SOLEShares957.70K
TypeSH
Market value$124.97M
8.58%
Sole
131.15K
Shared
0.00
None
826.55K
RLX TECHNOLOGY INC
SOLEShares41.04M
TypeSH
Market value$77.15M
5.30%
Sole
41.04M
Shared
0.00
None
0.00
LUFAX HOLDING LTD
SOLEShares4.39M
TypeSH
Market value$13.05M
0.90%
Sole
4.39M
Shared
0.00
None
0.00
NOAH HLDGS LTD
SOLEShares163.44K
TypeSH
Market value$1.54M
0.11%
Sole
136.73K
Shared
0.00
None
26.71K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCSOLE | AMERICAN DEP | 3.86M | SH | $456.50M 31.34% | 1.25M | 0.00 | 2.60M |
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 29.74M | SH | $379.74M 26.07% | 4M | 0.00 | 25.73M |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 5.46M | SH | $260.87M 17.91% | 2.34M | 0.00 | 3.11M |
ATOUR LIFESTYLE HOLDINGS LTDSOLE | SPONSORED ADS | 5.04M | SH | $142.78M 9.80% | 2.41M | 0.00 | 2.63M |
SEA LTDSOLE | SPONSORD ADS | 957.70K | SH | $124.97M 8.58% | 131.15K | 0.00 | 826.55K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 41.04M | SH | $77.15M 5.30% | 41.04M | 0.00 | 0.00 |
LUFAX HOLDING LTDSOLE | SPONSORED ADR | 4.39M | SH | $13.05M 0.90% | 4.39M | 0.00 | 0.00 |
NOAH HLDGS LTDSOLE | SPON ADS | 163.44K | SH | $1.54M 0.11% | 136.73K | 0.00 | 26.71K |