13F

Investor

HSG Holding Ltd

CIK 0001470766 · filed 2026-05-15 · SEC filing

13F book

$1.62B

Positions

20

2 new · 1 sold

Largest name

70.4%

PDD Holdings Inc. · PDD

Est. mark

−$289.5M

Price effect on 18 names still held. Flow $17.3M.
NameTickerSharesValueWeightEst. markChange
PDD Holdings Inc.PDD11.3M$1.14B70.4%−$64MHeld
Ke Hldgs Inc1.94M$107.6M6.6%$17MHeld
Pony Ai Inc7.54M$100.1M6.2%New
Futu Hldgs Ltd740.4K$65.4M4.0%−$54.6MHeld
Webull Corp7.05M$55.2M3.4%$0Held
Circle Internet Group, Inc.CRCL669.2K$48.7M3.0%$0Added$26M
Kanzhun Limited1.9M$27.8M1.7%−$112.9MHeld
Dingdong (Cayman) LtdDDL10.1M$26.3M1.6%−$2.35MHeld
ArriVent BioPharma, Inc.AVBP663.3K$14M0.9%−$2.73MHeld
51talk Online Education Grou474.9K$7.82M0.5%−$4.38MHeld
Th International Limited2.9M$7.54M0.5%$1.1MHeld
Lotus Technology Inc4.83M$6.33M0.4%−$966.8KHeld
Structure Therapeutics Inc.GPCR266.1K$6.2M0.4%−$18.2MHeld
Bitdeer Technologies GroupBTDR293.7K$2.89M0.2%−$1.23MHeld
Adagene Inc.ADAG1.34M$2.03M0.1%−$698.5KHeld
Barinthus Biotherapeutics Pl1.42M$1.16M0.1%−$41.1MHeld
Solai Limited350.4K$627.3K0.0%$283.8KHeld
Yimutian Inc.YMT3.44M$543.8K0.0%New
Lyell Immunopharma, Inc.LYEL152.3K$73.1K0.0%−$3.86MHeld
Burning Rock Biotech LtdBNR21.2K$62.4K0.0%−$808.6KHeld

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.