The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACM RESEARCH INC COM CL A 00108J109 1,683 24,352 SH   SOLE   24,352 0 0
AGORA INC ADS 00851L103 4,609 107,228 SH   SOLE   107,228 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 21,116 71,827 SH   SOLE   71,827 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 294 1,000 SH Call SOLE   1,000 0 0
AMERICAN AIRLS GROUP INC NOTE 6.500% 7/0 02376RAF9 4,609 5,000,000 PRN   SOLE   0 0 0
BAIDU INC SPON ADR REP A 056752108 19,001 150,100 SH   SOLE   150,100 0 0
BAIDU INC SPON ADR REP A 056752108 419 3,310 SH Call SOLE   3,310 0 0
BAOZUN INC SPONSORED ADR 06684L103 719 22,131 SH   SOLE   22,131 0 0
BITAUTO HLDGS LTD SPONSORED ADS 091727107 13,354 847,875 SH   SOLE   847,875 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105 687 5,000 SH   SOLE   5,000 0 0
DISNEY WALT CO COM DISNEY 254687106 13,277 107,000 SH   SOLE   107,000 0 0
DISNEY WALT CO COM DISNEY 254687106 558 4,500 SH Call SOLE   4,500 0 0
FINVOLUTION GROUP SPONSORED ADS 31810T101 184 100,100 SH   SOLE   100,100 0 0
GLOBAL CORD BLOOD CORPORATIO SHS G39342103 2,571 726,129 SH   SOLE   726,129 0 0
HUYA INC ADS REP SHS A 44852D108 359 15,000 SH   SOLE   15,000 0 0
ICLICK INTERACTIVE ASIA GROU SPONSORED ADR 45113Y104 1,128 169,074 SH   SOLE   169,074 0 0
INPHI CORP COM 45772F107 261 2,325 SH   SOLE   2,325 0 0
ISHARES INC MSCI HONG KG ETF 464286871 4,384 200,000 SH Put SOLE   200,000 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 17,721 300,000 SH Put SOLE   300,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 44,937 300,000 SH Put SOLE   300,000 0 0
JAPAN SMALLER CAPITALIZATION COM 47109U104 932 107,552 SH   SOLE   107,552 0 0
JD.COM INC SPON ADR CL A 47215P106 784 10,100 SH   SOLE   10,100 0 0
KINGSOFT CLOUD HLDGS LTD ADS 49639K101 532 18,030 SH   SOLE   18,030 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 20,454 300,000 SH Put SOLE   300,000 0 0
MADISON SQUARE GRDN ENTERTNM CL A 55826T102 7,686 112,216 SH   SOLE   112,216 0 0
MASTERCARD INCORPORATED CL A 57636Q104 3,382 10,000 SH   SOLE   10,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 169 500 SH Call SOLE   500 0 0
MELCO RESORTS AND ENTMNT LTD ADR 585464100 455 27,300 SH   SOLE   27,300 0 0
MICRON TECHNOLOGY INC COM 595112103 2,958 63,000 SH   SOLE   63,000 0 0
MICROSOFT CORP COM 594918104 421 2,000 SH   SOLE   2,000 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 2,363 111,885 SH   SOLE   111,885 0 0
NEW FRONTIER HEALTH CORP ORD SHS G6461G106 916 120,060 SH   SOLE   120,060 0 0
NIO INC SPON ADS 62914V106 912 42,963 SH Put SOLE   42,963 0 0
SEA LTD SPONSORD ADS 81141R100 1,540 10,000 SH   SOLE   10,000 0 0
SONY CORP SPONSORED ADR 835699307 844 11,000 SH   SOLE   11,000 0 0
STRATUS PPTYS INC COM NEW 863167201 24,213 1,123,065 SH   SOLE   1,123,065 0 0
TWITTER INC COM 90184L102 2,003 45,000 SH   SOLE   45,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 236 4,500 SH Put SOLE   4,500 0 0
VISA INC COM CL A 92826C839 3,000 15,000 SH   SOLE   15,000 0 0
VISA INC COM CL A 92826C839 200 1,000 SH Call SOLE   1,000 0 0
YOUDAO INC SPONSORED ADS 98741T104 155 6,000 SH   SOLE   6,000 0 0