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
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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
58 COM INC SPON ADR REP A 31680Q104 415 9,400 SH   DFND 1 0 9,400 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 14,530 103,120 SH   DFND 1 0 103,120 0
AUTOHOME INC SP ADR RP CL A 05278C107 5,901 130,100 SH   DFND 1 0 130,100 0
BAOZUN INC SPONSORED ADR 06684L103 419 18,900 SH   DFND 1 0 18,900 0
BRIGHT SCHOLAR ED HLDGS LTD SPONSORED ADS 109199109 2,675 224,800 SH   DFND 1 0 224,800 0
CHINA LODGING GROUP LTD SPONSORED ADR 16949N109 2,816 34,900 SH   DFND 1 0 34,900 0
CHINACACHE INTL HLDG LTD SPONSORED ADR 16950M107 176 151,423 SH   DFND 1 0 151,423 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 5,458 101,330 SH   DFND 1 0 101,330 0
ISHARES TR CHINA LG-CAP ETF 464287184 8,935 225,000 SH Put DFND 1 0 225,000 0
JD COM INC SPON ADR CL A 47215P106 6,679 170,300 SH   DFND 1 0 170,300 0
MOMO INC ADR 60879B107 418 11,300 SH   DFND 1 0 11,300 0
NETEASE INC SPONSORED ADR 64110W102 6,178 20,550 SH   DFND 1 0 20,550 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 888 12,600 SH   DFND 1 0 12,600 0
NOAH HLDGS LTD SPON ADS CL A 65487X102 4,742 165,523 SH   DFND 1 0 165,523 0
NVIDIA CORP COM 67066G104 37,545 259,720 SH   DFND 1 0 259,720 0
SIERRA WIRELESS INC COM 826516106 770 27,400 SH   DFND 1 0 27,400 0
SONY CORP SPONSORED ADR 835699307 458 12,000 SH   DFND 1 0 12,000 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 28,576 817,400 SH   DFND 1 0 817,400 0
TAL ED GROUP ADS REPSTG COM 874080104 9,296 76,000 SH   DFND 1 0 76,000 0
TESLA INC COM 88160R101 40,981 113,330 SH   DFND 1 0 113,330 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 4,917 466,100 SH   DFND 1 0 466,100 0