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
111 INC ADS 68247Q102 3,317 501,852 SH   SOLE   501,852 0 0
ALBEMARLE CORP COM 012653101 4,106 72,839 SH   SOLE   72,839 0 0
ALIBABA GROUP HOLDING LTD SPONSORED ADS 01609W102 786,724 4,045,269 SH   SOLE   4,045,269 0 0
ALPHABET INC CAP STK CL A 02079K305 24,371 20,974 SH   SOLE   20,974 0 0
AMAZON.COM INC COM 023135106 916 470 SH   SOLE   470 0 0
APPLE INC COM 037833100 335 1,319 SH   SOLE   1,319 0 0
ATHENEX INC COM 04685N103 3,858 498,510 SH   SOLE   498,510 0 0
BAIDU INC SPON ADR REP A 056752108 100,099 993,147 SH   SOLE   993,147 0 0
BILIBILI INC SPONS ADS REP Z 090040106 5,889 251,467 SH   SOLE   251,467 0 0
CHINA BIOLOGIC PRODUCTS HOLDIN COM G21515104 6,238 57,800 SH   SOLE   57,800 0 0
CONCORD MEDICAL SERVICES HOLDI SPON ADR CL A 206277105 204 113,549 SH   SOLE   113,549 0 0
FACEBOOK INC CL A 30303M102 304,622 1,826,270 SH   SOLE   1,826,270 0 0
HDFC BANK LTD SPONSORED ADS 40415F101 1,115 29,000 SH   SOLE   29,000 0 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 1,666 58,000 SH   SOLE   58,000 0 0
HUTCHISON CHINA MEDITECH LTD SPONSORED ADR 44842L103 10,213 572,169 SH   SOLE   572,169 0 0
JD.COM INC SPON ADR CL A 47215P106 203,879 5,034,040 SH   SOLE   5,034,040 0 0
MICRON TECHNOLOGY INC COM 595112103 6,015 143,000 SH   SOLE   143,000 0 0
MICROSOFT CORP COM 594918104 88,344 560,165 SH   SOLE   560,165 0 0
NEW ORIENTAL EDUCATION & TECHN SPON ADR 647581107 171,345 1,583,013 SH   SOLE   1,583,013 0 0
NVIDIA CORP COM 67066G104 2,517 9,550 SH   SOLE   9,550 0 0
ONESMART INTERNATIONAL EDUCATI SPONSORED ADS 68276W103 3,731 731,483 SH   SOLE   731,483 0 0
PINDUODUO INC SPONSORED ADS 722304102 143,319 3,977,776 SH   SOLE   3,977,776 0 0
PUXIN LTD ADS 74704P108 3,270 764,000 SH   SOLE   764,000 0 0
QUDIAN INC ADR 747798106 9,851 5,472,601 SH   SOLE   5,472,601 0 0
SALESFORCE.COM INC COM 79466L302 1,439 9,994 SH   SOLE   9,994 0 0
SEA LTD SPONSORED ADS 81141R100 103,085 2,326,450 SH   SOLE   2,326,450 0 0
SERVICENOW INC COM 81762P102 1,779 6,206 SH   SOLE   6,206 0 0
SO-YOUNG INTERNATIONAL INC SPONSORED ADS 83356Q108 405 39,550 SH   SOLE   39,550 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 86,763 1,629,048 SH   SOLE   1,629,048 0 0
TARENA INTERNATIONAL INC SPONSORED ADS 876108101 3,702 966,484 SH   SOLE   966,484 0 0
TRIP.COM GROUP LTD ADS 89677Q107 16,016 683,000 SH   SOLE   683,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 5,284 189,250 SH   SOLE   189,250 0 0
VIPSHOP HOLDINGS LTD SPONSORED ADS A 92763W103 88,560 5,684,213 SH   SOLE   5,684,213 0 0
X FINANCIAL SPONSORED ADS 98372W103 995 947,185 SH   SOLE   947,185 0 0
YOUDAO INC SPONSORED ADS 98741T104 12,934 614,730 SH   SOLE   614,730 0 0
ZAI LAB LTD ADR 98887Q104 7,046 136,865 SH   SOLE   136,865 0 0
ZOOM VIDEO COMMUNICATIONS INC CL A 98980L101 1,949 13,340 SH   SOLE   13,340 0 0
ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 22,159 836,810 SH   SOLE   836,810 0 0
TESLA INC COM 88160R101 17,004 32,450 SH   SOLE   32,450 0 0
GILEAD SCIENCES INC COM 375558103 2,298 30,740 SH   SOLE   30,740 0 0
ACM RESEARCH INC-CLASS A COM CL A 00108J109 315 10,650 SH   SOLE   10,650 0 0