Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VIPS | Buy | VIPSHOP HLDGS LTDsponsored adr | $32,253,000 | +13.3% | 1,919,800 | +50.1% | 36.67% | +44.1% |
| JD | Buy | JD COM INCsponsored adr cl a | $25,366,000 | -11.1% | 973,406 | +16.4% | 28.84% | +13.1% |
| QIHU | New | QIHOO 360 TECHNOLOGY CO LTDads | $12,412,000 | – | 259,500 | – | 14.11% | – |
| KANG | Sell | IKANG HEALTHCARE GROUP INCsponsored adr | $6,146,000 | -26.8% | 415,300 | -4.4% | 6.99% | -6.9% |
| Sell | TARENA INTERNATIONAL INCadr | $4,893,000 | -68.6% | 516,142 | -58.0% | 5.56% | -60.0% | |
| EDU | Exit | NEW ORIENTAL EDUCATIONsponsored adr | $0 | – | -362,700 | – | -7.95% | – |
| BITA | Exit | BITAUTO HOLDINGS LTDsponsored ads | $0 | – | -235,200 | – | -10.74% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JD | New | JD COM INCsponsored adr cl a | $28,526,000 | – | 836,532 | – | 25.51% | – |
| VIPS | New | VIPSHOP HLDGS LTDsponsored adr | $28,464,000 | – | 1,279,300 | – | 25.45% | – |
| New | TARENA INTERNATIONAL INCadr | $15,568,000 | – | 1,229,731 | – | 13.92% | – | |
| BITA | New | BITAUTO HOLDINGS LTDsponsored ads | $12,007,000 | – | 235,200 | – | 10.74% | – |
| BIDU | New | BAIDU INCsponsored adr rep a | $9,974,000 | – | 50,100 | – | 8.92% | – |
| EDU | New | NEW ORIENTAL EDUCATIONsponsored adr | $8,893,000 | – | 362,700 | – | 7.95% | – |
| KANG | New | IKANG HEALTHCARE GROUP INCsponsored adr | $8,397,000 | – | 434,200 | – | 7.51% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MFC | Exit | MANULIFE FINANCIAL CORP | $0 | – | -18,700 | – | -0.30% | – |
| BIDU | Exit | BAIDU INCsponsored adr rep a | $0 | – | -36,600 | – | -6.74% | – |
| LEJU | Exit | LEJU HOLDINGS LTDsponsored ads | $0 | – | -869,900 | – | -9.44% | – |
| TAL | Exit | TAL EDUCATION GROUP | $0 | – | -436,000 | – | -12.86% | – |
| Exit | TARENA INTERNATIONAL INCadr | $0 | – | -1,384,200 | – | -15.11% | – | |
| VNET | Exit | 21VIANET GROUP INCsponsored adr | $0 | – | -1,390,486 | – | -21.12% | – |
| YY | Exit | YY INC | $0 | – | -544,742 | – | -34.43% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| YY | New | YY INC | $40,795,000 | – | 544,742 | – | 34.43% | – |
| VNET | New | 21VIANET GROUP INCsponsored adr | $25,028,000 | – | 1,390,486 | – | 21.12% | – |
| New | TARENA INTERNATIONAL INCadr | $17,897,000 | – | 1,384,200 | – | 15.11% | – | |
| TAL | New | TAL EDUCATION GROUP | $15,233,000 | – | 436,000 | – | 12.86% | – |
| LEJU | New | LEJU HOLDINGS LTDsponsored ads | $11,178,000 | – | 869,900 | – | 9.44% | – |
| BIDU | New | BAIDU INCsponsored adr rep a | $7,987,000 | – | 36,600 | – | 6.74% | – |
| MFC | New | MANULIFE FINANCIAL CORP | $359,000 | – | 18,700 | – | 0.30% | – |