13F HOLDINGS REPORT
Perseverance Asset Management International
Quarter ended Q1 2024 · Filed May 14, 2024 · Accession 0001802695-24-000003
Total Value
$553.8M
Positions
35
Other Managers
1
Confidential Omitted
No
Holdings (35)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | PDD HOLDINGS INC | PDD | 797,056 | $92.7M | 16.73% |
| 2 | H WORLD GROUP LTD | HWLDF | 1,421,173 | $55.0M | 9.93% |
| 3 | ZTO EXPRESS CAYMAN INC | ZTOEF | 2,152,666 | $45.1M | 8.14% |
| 4 | IQIYI INC | IQ | 10,623,395 | $44.9M | 8.11% |
| 5 | PDD HOLDINGS INC | PDD | 340,896 | $39.6M | 7.16% |
| 6 | TENCENT MUSIC ENTMT GROUP | XHLD | 3,125,707 | $35.0M | 6.32% |
| 7 | YUM CHINA HLDGS INC | YUMC | 693,819 | $27.6M | 4.98% |
| 8 | MICROSOFT CORP | MSFT | 65,000 | $27.3M | 4.94% |
| 9 | ZTO EXPRESS CAYMAN INC | ZTOEF | 1,082,748 | $22.7M | 4.09% |
| 10 | NETEASE INC | NETTF | 216,753 | $22.4M | 4.05% |
| 11 | RLX TECHNOLOGY INC | RLX | 8,156,901 | $15.7M | 2.83% |
| 12 | NETEASE INC | NETTF | 141,466 | $14.6M | 2.64% |
| 13 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 714,679 | $12.8M | 2.32% |
| 14 | KE HLDGS INC | BEKE | 920,436 | $12.6M | 2.28% |
| 15 | RLX TECHNOLOGY INC | RLX | 5,942,907 | $11.4M | 2.06% |
| 16 | TESLA INC | TSLA | 50,000 | $8.8M | 1.59% |
| 17 | TAL EDUCATION GROUP | TAL | 621,038 | $7.0M | 1.27% |
| 18 | ALPHABET INC | GOOG | 45,000 | $6.9M | 1.24% |
| 19 | TRIP COM GROUP LTD | TRPCF | 145,525 | $6.4M | 1.15% |
| 20 | H WORLD GROUP LTD | HWLDF | 143,369 | $5.5M | 1.00% |
| 21 | TRIP COM GROUP LTD | TRPCF | 120,094 | $5.3M | 0.95% |
| 22 | IQIYI INC | IQ | 1,165,959 | $4.9M | 0.89% |
| 23 | AMER SPORTS INC | AS | 291,536 | $4.8M | 0.86% |
| 24 | TENCENT MUSIC ENTMT GROUP | XHLD | 363,674 | $4.1M | 0.73% |
| 25 | KE HLDGS INC | BEKE | 269,881 | $3.7M | 0.67% |
| 26 | KANZHUN LIMITED | BZ | 175,103 | $3.1M | 0.55% |
| 27 | KANZHUN LIMITED | BZ | 150,120 | $2.6M | 0.48% |
| 28 | META PLATFORMS INC | META | 5,000 | $2.4M | 0.44% |
| 29 | ALIBABA GROUP HLDG LTD | BBAAY | 30,517 | $2.2M | 0.40% |
| 30 | ALIBABA GROUP HLDG LTD | BBAAY | 28,025 | $2.0M | 0.37% |
| 31 | ATOUR LIFESTYLE HLDGS LTD | ATAT | 94,866 | $1.7M | 0.31% |
| 32 | BAIDU INC | BAIDF | 8,780 | $924,358 | 0.17% |
| 33 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 10,218 | $887,127 | 0.16% |
| 34 | NEW ORIENTAL ED & TECHNOLOGY | 647581206 | 9,384 | $814,719 | 0.15% |
| 35 | BAIDU INC | BAIDF | 2,605 | $274,254 | 0.05% |