Filed: 2/14/2025ACC: 0000950123-25-002761
📋 What this filing means
HSG HOLDING LTD filed this quarterly 13F‑HR report disclosing 18 equity positions with a total reported market value of $2.42B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
18
Positions
$2.42B
Total AUM (reported)
68.21M
Total Shares
Allocation by class
SPONSORED ADS$2.15B88.9%
SPON ADS CL A$96.59M4.0%
ORDINARY SHARES$43.36M1.8%
ADS$41.98M1.7%
SPON ADS$33.18M1.4%
SPONSORED ADR$28.68M1.2%
COM$18.52M0.8%
Portfolio Concentration
Top 3$2.18B89.9%
4–10$210.62M8.7%
11–25$33.79M1.4%
Top 3 weight
89.9%
Top 10 weight
98.6%
Voting Authority Distribution
Total shares with voting rights: 68.21M
Sole
Full voting authority
68.21M
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)
Sole0
Shared0
Other18
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings18
Rows:
PDD HOLDINGS INC
DFNDShares13.60M
TypeSH
Market value$1.97B
81.49%
Sole
13.60M
Shared
0.00
None
0.00
KANZHUN LIMITED
DFNDShares7.36M
TypeSH
Market value$107.14M
4.43%
Sole
7.36M
Shared
0.00
None
0.00
FUTU HLDGS LTD
DFNDShares1.06M
TypeSH
Market value$96.59M
3.99%
Sole
1.06M
Shared
0.00
None
0.00
TH INTERNATIONAL LIMITED
DFNDShares14.50M
TypeSH
Market value$43.36M
1.79%
Sole
14.50M
Shared
0.00
None
0.00
DINGDONG CAYMAN LTD
DFNDShares11.14M
TypeSH
Market value$38.21M
1.58%
Sole
11.14M
Shared
0.00
None
0.00
NOAH HLDGS LTD
DFNDShares2.99M
TypeSH
Market value$33.18M
1.37%
Sole
2.99M
Shared
0.00
None
0.00
KE HLDGS INC
DFNDShares1.94M
TypeSH
Market value$32.77M
1.35%
Sole
1.94M
Shared
0.00
None
0.00
FULL TRUCK ALLIANCE CO LTD
DFNDShares2.72M
TypeSH
Market value$30.84M
1.27%
Sole
2.72M
Shared
0.00
None
0.00
ARRIVENT BIOPHARMA INC
DFNDShares663.31K
TypeSH
Market value$16.79M
0.69%
Sole
663.31K
Shared
0.00
None
0.00
LOTUS TECHNOLOGY INC
DFNDShares4.83M
TypeSH
Market value$15.47M
0.64%
Sole
4.83M
Shared
0.00
None
0.00
51TALK ONLINE EDUCATION GROU
DFNDShares667.22K
TypeSH
Market value$13.21M
0.55%
Sole
667.22K
Shared
0.00
None
0.00
STRUCTURE THERAPEUTICS INC
DFNDShares266.06K
TypeSH
Market value$7.54M
0.31%
Sole
266.06K
Shared
0.00
None
0.00
BITDEER TECHNOLOGIES GROUP
DFNDShares293.73K
TypeSH
Market value$6.38M
0.26%
Sole
293.73K
Shared
0.00
None
0.00
ADAGENE INC
DFNDShares1.34M
TypeSH
Market value$2.38M
0.10%
Sole
1.34M
Shared
0.00
None
0.00
LYELL IMMUNOPHARMA INC
DFNDShares3.05M
TypeSH
Market value$1.74M
0.07%
Sole
3.05M
Shared
0.00
None
0.00
BARINTHUS BIOTHERAPEUTICS PL
DFNDShares1.42M
TypeSH
Market value$1.39M
0.06%
Sole
1.42M
Shared
0.00
None
0.00
BIT MINING LIMITED
DFNDShares350.43K
TypeSH
Market value$998.7K
0.04%
Sole
350.43K
Shared
0.00
None
0.00
BURNING ROCK BIOTECH LTD
DFNDShares21.21K
TypeSH
Market value$155.3K
<0.01%
Sole
21.21K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
PDD HOLDINGS INCDFND | SPONSORED ADS | 13.60M | SH | $1.97B 81.49% | 13.60M | 0.00 | 0.00 |
KANZHUN LIMITEDDFND | SPONSORED ADS | 7.36M | SH | $107.14M 4.43% | 7.36M | 0.00 | 0.00 |
FUTU HLDGS LTDDFND | SPON ADS CL A | 1.06M | SH | $96.59M 3.99% | 1.06M | 0.00 | 0.00 |
TH INTERNATIONAL LIMITEDDFND | ORDINARY SHARES | 14.50M | SH | $43.36M 1.79% | 14.50M | 0.00 | 0.00 |
DINGDONG CAYMAN LTDDFND | ADS | 11.14M | SH | $38.21M 1.58% | 11.14M | 0.00 | 0.00 |
NOAH HLDGS LTDDFND | SPON ADS | 2.99M | SH | $33.18M 1.37% | 2.99M | 0.00 | 0.00 |
KE HLDGS INCDFND | SPONSORED ADS | 1.94M | SH | $32.77M 1.35% | 1.94M | 0.00 | 0.00 |
FULL TRUCK ALLIANCE CO LTDDFND | SPONSORED ADS | 2.72M | SH | $30.84M 1.27% | 2.72M | 0.00 | 0.00 |
ARRIVENT BIOPHARMA INCDFND | COM | 663.31K | SH | $16.79M 0.69% | 663.31K | 0.00 | 0.00 |
LOTUS TECHNOLOGY INCDFND | SPONSORED ADR | 4.83M | SH | $15.47M 0.64% | 4.83M | 0.00 | 0.00 |
51TALK ONLINE EDUCATION GROUDFND | SPONSORED ADR | 667.22K | SH | $13.21M 0.55% | 667.22K | 0.00 | 0.00 |
STRUCTURE THERAPEUTICS INCDFND | SPONSORED ADS | 266.06K | SH | $7.54M 0.31% | 266.06K | 0.00 | 0.00 |
BITDEER TECHNOLOGIES GROUPDFND | CL A ORD SHS | 293.73K | SH | $6.38M 0.26% | 293.73K | 0.00 | 0.00 |
ADAGENE INCDFND | ADS | 1.34M | SH | $2.38M 0.10% | 1.34M | 0.00 | 0.00 |
LYELL IMMUNOPHARMA INCDFND | COM | 3.05M | SH | $1.74M 0.07% | 3.05M | 0.00 | 0.00 |
BARINTHUS BIOTHERAPEUTICS PLDFND | ADS | 1.42M | SH | $1.39M 0.06% | 1.42M | 0.00 | 0.00 |
BIT MINING LIMITEDDFND | SPON ADR | 350.43K | SH | $998.7K 0.04% | 350.43K | 0.00 | 0.00 |
BURNING ROCK BIOTECH LTDDFND | SPONSORED ADS | 21.21K | SH | $155.3K <0.01% | 21.21K | 0.00 | 0.00 |