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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVANCED MICRO DEVICES AMD US COM 007903107   2,973,051 26,100 SH   DFND   26,100 0 0
AGORA INC-ADR API US ADS 00851L103   117,062 37,400 SH   DFND   37,400 0 0
AIRBNB INC-CLASS A ABNB US COM CL A 009066101   3,063,024 23,900 SH   DFND   23,900 0 0
AMAZON.COM INC AMZN US COM 023135106   32,694,288 250,800 SH   DFND   250,800 0 0
BALLARD POWER SYSTEMS INC BLDP US COM 058586108   837,556 192,100 SH   DFND   192,100 0 0
BILIBILI INC-SPONSORED ADR BILI US SPONS ADS REP Z 090040106   8,199,300 543,000 SH   DFND   543,000 0 0
BLOCK INC SQ US CL A 852234103   9,566,109 143,700 SH   DFND   143,700 0 0
COINBASE GLOBAL INC -CLASS A COIN US COM CL A 19260Q107   15,812,550 221,000 SH   DFND   221,000 0 0
DATADOG INC - CLASS A DDOG US CL A COM 23804L103   4,289,368 43,600 SH   DFND   43,600 0 0
DOCUSIGN INC DOCU US COM 256163106   5,195,853 101,700 SH   DFND   101,700 0 0
DOORDASH INC - A DASH US CL A 25809K105   38,477,470 503,500 SH   DFND   503,500 0 0
ENPHASE ENERGY INC ENPH US COM 29355A107   1,641,304 9,800 SH   DFND   9,800 0 0
FULL TRUCK ALLIANCE -SPN ADR YMM US SPONSORED ADS 35969L108   6,247,990 1,004,500 SH   DFND   1,004,500 0 0
GINKGO BIOWORKS HOLDINGS INC DNA US CL A SHS 37611X100   597,618 321,300 SH   DFND   321,300 0 0
INTEL CORP INTC US COM 458140100   7,694,544 230,100 SH   DFND   230,100 0 0
IQIYI INC-ADR IQ US SPONSORED ADS 46267X108   2,776,800 520,000 SH   DFND   520,000 0 0
KE HOLDINGS INC-ADR BEKE US SPONSORED ADS 482497104   40,049,381 2,696,928 SH   DFND   2,696,928 0 0
LIGHTINTHEBOX HOLDING-ADR SPONSORED ADR 53225G102   2,427,287 2,057,023 SH   DFND   2,057,023 0 0
META PLATFORMS INC-CLASS A META US CL A 30303M102   4,591,680 16,000 SH   DFND   16,000 0 0
MOGU INC-ADR SPON ADS 608012308   1,653,840 689,100 SH   DFND   689,100 0 0
NEW ORIENTAL EDUCATIO-SP ADR EDU US SPON ADR 647581206   4,624,279 117,100 SH   DFND   117,100 0 0
NIKE INC -CL B NKE US CL B 654106103   9,414,561 85,300 SH   DFND   85,300 0 0
NU HOLDINGS LTD/CAYMAN ISL-A NU US ORD SHS CL A G6683N103   2,404,083 304,700 SH   DFND   304,700 0 0
PDD HOLDINGS INC PDD US SPONSORED ADS 722304102   45,397,324 656,600 SH   DFND   656,600 0 0
PROSHARES ULTRAPRO QQQ TQQQ US ULTRAPRO QQQ 74347X831   40,848,300 996,300 SH   DFND   996,300 0 0
ROBINHOOD MARKETS INC - A HOOD US COM CL A 770700102   25,161,576 2,521,200 SH   DFND   2,521,200 0 0
SNAP INC - A SNAP US CL A 83304A106   24,667,456 2,083,400 SH   DFND   2,083,400 0 0
SNOWFLAKE INC-CLASS A SNOW US CL A 833445109   5,191,410 29,500 SH   DFND   29,500 0 0
SO-YOUNG INTERNATIONAL-ADR SPONSORED ADS 83356Q108   5,644,886 3,067,873 SH   DFND   3,067,873 0 0
STAAR SURGICAL CO STAA US COM PAR $0.01 852312305   851,634 16,200 SH   DFND   16,200 0 0
TAL EDUCATION GROUP- ADR TAL US SPONSORED ADS 874080104   8,485,252 1,423,700 SH   DFND   1,423,700 0 0
TALKSPACE INC COM 87427V103   2,454,417 1,932,612 SH   DFND   1,932,612 0 0
TESLA INC TSLA US COM 88160R101   1,544,443 5,900 SH   DFND   5,900 0 0
UBER TECHNOLOGIES INC UBER US COM 90353T100   16,728,375 387,500 SH   DFND   387,500 0 0
WALT DISNEY CO/THE DIS US COM 254687106   4,437,216 49,700 SH   DFND   49,700 0 0
YUNJI INC-ADR SPON ADS 98873N206   203,820 129,000 SH   DFND   129,000 0 0
ZILLOW GROUP INC - C Z US CL C CAP STK 98954M200   14,917,168 296,800 SH   DFND   296,800 0 0