Q2 2025 · 13F-HR
Aspex Management (HK) Ltdholdings as filed
Filed 2025-08-13 · accession 0001768375-25-000007
$4.6M
Reported value
28
Positions
2025-06-30
Period end
The Brief · Aspex Management (HK) Ltd · Q2 2025
AI · grounded in 13F
Aspex Management (HK) Ltd established a new position in SE valued at $828,633. The fund also initiated new stakes in FUTU for $419,379 and TSM for $395,606. Additional new positions include EDU and SNPS.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 81141R100 | SE | SEA LTD | $828,633 | 18.0% | 5,180,898 | Common | SOLE |
| 36118L106 | FUTU | FUTU HLDGS LTD | $419,379 | 9.11% | 3,393,307 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $395,606 | 8.60% | 1,746,681 | Common | SOLE |
| 647581206 | EDU | NEW ORIENTAL ED & TECHNOLOGY | $376,635 | 8.19% | 6,981,188 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $331,137 | 7.20% | 645,895 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $324,736 | 7.06% | 4,195,561 | Common | SOLE |
| 88557W101 | QFIN | QIFU TECHNOLOGY INC | $286,712 | 6.23% | 6,612,366 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $277,736 | 6.04% | 12,398,919 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $265,201 | 5.76% | 22,455,623 | Common | SOLE |
| 874080104 | TAL | TAL EDUCATION GROUP | $220,614 | 4.79% | 21,586,517 | Common | SOLE |
| 25809K105 | DASH | DOORDASH INC | $178,656 | 3.88% | 724,740 | Common | SOLE |
| 04965M106 | ATAT | ATOUR LIFESTYLE HLDGS LTD | $172,787 | 3.76% | 5,314,881 | Common | SOLE |
| 36165L108 | GDS | GDS HLDGS LTD | $134,720 | 2.93% | 4,406,949 | Common | SOLE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $123,572 | 2.69% | 1,198,917 | Common | SOLE |
| 89677Q107 | TCOM | TRIP COM GROUP LTD | $87,470 | 1.90% | 1,491,643 | Common | SOLE |
| 81141RAF7 | SEALTD 2.375 12/01/25 | SEA LTD | $53,414 | 1.16% | 30,000,000 | Common | SOLE |
| 44332NAB2 | HTHT 3 05/01/26 | H WORLD GROUP LTD | $53,110 | 1.15% | 50,000,000 | Common | SOLE |
| 74969N103 | RLX | RLX TECHNOLOGY INC | $26,793 | 0.58% | 12,123,409 | Common | SOLE |
| 64110W102 | NTES | NETEASE INC | $19,871 | 0.43% | 147,655 | Common | SOLE |
| G5380J100 | LANV | LANVIN GROUP HOLDINGS LIMITE | $9,855 | 0.21% | 4,500,000 | Common | SOLE |
| 732908108 | PONY | PONY AI INC | $6,600 | 0.14% | 500,000 | Common | SOLE |
| G72245122 | PRE | PRENETICS GLOBAL LTD | $2,947 | 0.06% | 346,150 | Common | SOLE |
| 458140900 | INTC | INTEL CORP | $2,681 | 0.06% | 8,257,638 | CALL | SOLE |
| 037833950 | AAPL | APPLE INC | $1,025 | 0.02% | 2,525,702 | PUT | SOLE |
| 92561V208 | RBOT | VICARIOUS SURGICAL INC | $650 | 0.01% | 86,666 | Common | SOLE |
| 464287953 | — | ISHARES TR | $561 | 0.01% | 2,968,782 | PUT | SOLE |
| G72245114 | PRENW | PRENETICS GLOBAL LTD | $46 | 0.00% | 1,166,666 | Common | SOLE |
| G5380J118 | LANV/WS | LANVIN GROUP HOLDINGS LIMITE | $19 | 0.00% | 1,000,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.