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
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109 51,542 560,000 SH   DFND   560,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 25,952 405,246 SH   DFND   405,246 0 0
YOUKU TUDOU INC SPONSORED ADR 98742U100 16,702 700,000 SH   DFND   700,000 0 0
QUNAR CAYMAN IS LTD SPNS ADR CL B 74906P104 13,963 489,071 SH   DFND   489,071 0 0
HOME INNS & HOTELS MGMT INC SPON ADR 43713W107 12,983 379,286 SH   DFND   379,286 0 0
TAL ED GROUP ADS REPSTG COM 874080104 7,469 271,607 SH   DFND   271,607 0 0
SOUFUN HLDGS LTD ADR 836034108 4,871 497,500 SH   DFND   497,500 0 0
CHINDEX INTERNATIONAL INC COM 169467107 2,909 122,805 SH   DFND   122,805 0 0
YINGLI GREEN ENERGY HLDG CO ADR 98584B103 1,870 500,000 SH   DFND   500,000 0 0
YY INC ADS REPCOM CLA 98426T106 1,510 20,000 SH   DFND   20,000 0 0
CHANGYOU COM LTD ADS REP CL A 15911M107 1,299 50,000 SH   DFND   50,000 0 0
PHOENIX NEW MEDIA LTD SPONSORED ADS 71910C103 750 70,000 SH   DFND   70,000 0 0
E-COMMERCE CHINA DANGDANG IN SPN ADS COM A 26833A105 669 50,000 SH   DFND   50,000 0 0
58 COM INC SPON ADR REP A 31680Q104 541 10,000 SH   DFND   10,000 0 0
CHEETAH MOBILE INC ADR 163075104 212 10,000 SH   DFND   10,000 0 0