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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 74,433 451,766 SH   DFND 1 451,766 0 0
ALPHABET INC CAP STK CL A 02079K305 4,623 3,830 SH   DFND 1 3,830 0 0
BAOZUN INC SPONSORED ADR 06684L103 11,810 243,100 SH   DFND 1 243,100 0 0
BARRICK GOLD CORP COM 067901108 15,008 1,354,500 SH   DFND 1 1,354,500 0 0
ENSCO PLC SHS CLASS A G3157S106 4,468 529,325 SH   DFND 1 529,325 0 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 888 27,500 SH   DFND 1 27,500 0 0
IQIYI INC SPONSORED ADS 46267X108 1,443 53,300 SH   DFND 1 53,300 0 0
LEXINFINTECH HLDGS LTD ADR 528877103 1,575 158,571 SH   DFND 1 158,571 0 0
MOMO INC ADR 60879B107 12,442 284,063 SH   DFND 1 284,063 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 9,019 121,863 SH   DFND 1 121,863 0 0
PPDAI GROUP INC SPONSORED ADR 69354V108 1,457 270,820 SH   DFND 1 270,820 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 87,347 774,631 SH   DFND 1 774,631 0 0
TIFFANY & CO NEW COM 886547108 6,294 48,800 SH   DFND 1 48,800 0 0
TRANSOCEAN LTD REG SHS H8817H100 5,702 408,729 SH   DFND 1 408,729 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 222,975 12,039,680 SH   DFND 1 12,039,680 0 0