Filed: 8/12/2026ACC: 0001701717-26-000011
📋 What this filing means
FIRST BEIJING INVESTMENT LTD filed this quarterly 13F‑HR report disclosing 11 equity positions with a total reported market value of $2.44B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
11
Positions
$2.44B
Total AUM (reported)
176.28M
Total Shares
Allocation by class
SPONSORED ADS$1.61B66.0%
SPON ADR$400.98M16.4%
SPONSORD ADS$297.94M12.2%
SPON ADS CL A$129.28M5.3%
SPONSORED ADR$1.22M0.1%
ADS$1.20M0.0%
SPON ADS$385.6K0.0%
Portfolio Concentration
Top 3$1.86B76.2%
4–10$581.82M23.8%
11–25$385.6K0.0%
Top 3 weight
76.2%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 176.28M
Sole
Full voting authority
105.81M
shares
% of voting shares60.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
70.48M
shares
% of voting shares40.0%
Investment Discretion (by position count)
Sole11
Shared0
Other0
Dominant voting typeSole · 60.0% of voting shares
Institutional Holdings11
Rows:
FULL TRUCK ALLIANCE CO LTD
SOLEShares91.79M
TypeSH
Market value$745.34M
30.50%
Sole
49.30M
Shared
0.00
None
42.50M
PDD HOLDINGS INC
SOLEShares9.38M
TypeSH
Market value$715.31M
29.27%
Sole
4.72M
Shared
0.00
None
4.65M
NEW ORIENTAL ED & TECHNOLOGY
SOLEShares8.73M
TypeSH
Market value$400.98M
16.41%
Sole
4.33M
Shared
0.00
None
4.41M
SEA LTD
SOLEShares3.11M
TypeSH
Market value$297.94M
12.19%
Sole
2.63M
Shared
0.00
None
476.99K
FUTU HLDGS LTD
SOLEShares1.38M
TypeSH
Market value$129.28M
5.29%
Sole
792.71K
Shared
0.00
None
586.39K
RLX TECHNOLOGY INC
SOLEShares59.82M
TypeSH
Market value$113.66M
4.65%
Sole
42M
Shared
0.00
None
17.82M
KASPI KZ JSC
SOLEShares424.61K
TypeSH
Market value$36.79M
1.51%
Sole
424.61K
Shared
0.00
None
0.00
ZHIHU INC
SOLEShares551.05K
TypeSH
Market value$1.72M
0.07%
Sole
551.05K
Shared
0.00
None
0.00
BAOZUN INC
SOLEShares432.83K
TypeSH
Market value$1.22M
0.05%
Sole
432.83K
Shared
0.00
None
0.00
DINGDONG CAYMAN LTD
SOLEShares622.43K
TypeSH
Market value$1.20M
0.05%
Sole
622.43K
Shared
0.00
None
0.00
NOAH HLDGS LTD
SOLEShares38.59K
TypeSH
Market value$385.6K
0.02%
Sole
0.00
Shared
0.00
None
38.59K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
FULL TRUCK ALLIANCE CO LTDSOLE | SPONSORED ADS | 91.79M | SH | $745.34M 30.50% | 49.30M | 0.00 | 42.50M |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 9.38M | SH | $715.31M 29.27% | 4.72M | 0.00 | 4.65M |
NEW ORIENTAL ED & TECHNOLOGYSOLE | SPON ADR | 8.73M | SH | $400.98M 16.41% | 4.33M | 0.00 | 4.41M |
SEA LTDSOLE | SPONSORD ADS | 3.11M | SH | $297.94M 12.19% | 2.63M | 0.00 | 476.99K |
FUTU HLDGS LTDSOLE | SPON ADS CL A | 1.38M | SH | $129.28M 5.29% | 792.71K | 0.00 | 586.39K |
RLX TECHNOLOGY INCSOLE | SPONSORED ADS | 59.82M | SH | $113.66M 4.65% | 42M | 0.00 | 17.82M |
KASPI KZ JSCSOLE | SPONSORED ADS | 424.61K | SH | $36.79M 1.51% | 424.61K | 0.00 | 0.00 |
ZHIHU INCSOLE | SPONSORED ADS | 551.05K | SH | $1.72M 0.07% | 551.05K | 0.00 | 0.00 |
BAOZUN INCSOLE | SPONSORED ADR | 432.83K | SH | $1.22M 0.05% | 432.83K | 0.00 | 0.00 |
DINGDONG CAYMAN LTDSOLE | ADS | 622.43K | SH | $1.20M 0.05% | 622.43K | 0.00 | 0.00 |
NOAH HLDGS LTDSOLE | SPON ADS | 38.59K | SH | $385.6K 0.02% | 0.00 | 0.00 | 38.59K |