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
VIPSHOP HOLDINGS LIMITED SPONSORED ADS A 92763W103 19,956 1,200,000 SH   SOLE   1,200,000 0 0
IQIYI INC SPONSORED ADS 46267X108 6,752 605,000 SH   SOLE   605,000 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581107 130 60,000 SH   SOLE   60,000 0 0
PINDUODUO INC SPONSORED ADS 722304102 10,077 110,000 SH   SOLE   110,000 0 0
SQUARE INC CL A 852234103 1,236 5,000 SH   SOLE   5,000 0 0
ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 23,842 881,090 SH   SOLE   881,090 0 0
FULGENT GENETICS INC COM 359664109 1,107 12,000 SH   SOLE   12,000 0 0
QUIDEL CORP COM 74838J101 512 4,000 SH   SOLE   4,000 0 0
AMBAC FINL GROUP INC COM NEW 023139884 227 14,500 SH   SOLE   14,500 0 0
RAFAEL HLDGS INC COM CL B 75062E106 128 2,500 SH   SOLE   2,500 0 0
AMAZON COM INC COM 023135106 117 34 SH   SOLE   34 0 0
ISHARES TR IBOXX HI YD ETF 464288513 11,445 130,000 SH Put SOLE   130,000 0 0
FULGENT GENETICS INC COM 359664109 922 10,000 SH Call SOLE   10,000 0 0
ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 304 10,000 SH Call SOLE   10,000 0 0