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
AMAZON.COM INC AMZN US COM 023135106 3,291 3,400 SH   DFND   3,400 0 0
CHEETAH MOBILE INC - ADR CMCM US ADR 163075104 7,727 716,810 SH   DFND   716,810 0 0
CTRIP.COM INTERNATIONAL-ADR CTRP US AMERICAN DEP SHS 22943F100 13,153 244,200 SH   DFND   244,200 0 0
CVS HEALTH CORP CVS US COM 126650100 121 1,500 SH   DFND   1,500 0 0
NEW ORIENTAL EDUCATIO-SP ADR EDU US SPON ADR 647581107 13,836 196,278 SH   DFND   196,278 0 0
GILEAD SCIENCES INC GILD US COM 375558103 2,803 39,600 SH   DFND   39,600 0 0
ALPHABET INC-CL C GOOG US CAP STK CL C 02079K107 772 850 SH   DFND   850 0 0
JD.COM INC-ADR JD US SPON ADR CL A 47215P106 50,598 1,290,100 SH   DFND   1,290,100 0 0
LULULEMON ATHLETICA INC LULU US COM 550021109 364 6,100 SH   DFND   6,100 0 0
MACY'S INC M US COM 55616P104 1,095 47,100 SH   DFND   47,100 0 0
NIKE INC -CL B NKE US CL B 654106103 3,658 62,000 SH   DFND   62,000 0 0
NETEASE INC-ADR NTES US SPONSORED ADR 64110W102 39,637 131,845 SH   DFND   131,845 0 0
NVIDIA CORP NVDA US COM 67066G104 116 800 SH   DFND   800 0 0
SNAP INC - A SNAP US CL A 83304A106 28 1,600 SH   DFND   1,600 0 0
TAL EDUCATION GROUP- ADR TAL US ADS REPSTG COM 874080104 63,729 521,047 SH   DFND   521,047 0 0
TESLA INC TSLA US COM 88160R101 2,459 6,800 SH   DFND   6,800 0 0
TWITTER INC TWTR US COM 90184L102 407 22,800 SH   DFND   22,800 0 0
UNDER ARMOUR INC-CLASS C UA US CL C 904311206 1,085 53,800 SH   DFND   53,800 0 0
VALEANT PHARMACEUTICALS INTE VRX US COM 91911K102 4,268 246,700 SH   DFND   246,700 0 0
UNITED STATES STEEL CORP X US COM 912909108 3,020 136,400 SH   DFND   136,400 0 0
YELP INC YELP US CL A 985817105 3,050 101,600 SH   DFND   101,600 0 0