| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | First Beijing Investment Ltd. | 5,849,962 | 418,056 | 203,988,174.94 | 7.2429 | 1.7162 | 06/30/2025 |
| 2 | OLP Capital Management Ltd. | 5,707,633 | -1,494,762 | 199,025,162.71 | 16.1024 | 1.6744 | 07/22/2025 |
| 3 | Fidelity Management & Research Co. LLC | 3,880,170 | 2,235,628 | 135,301,527.9 | 0.0077 | 1.1383 | 06/30/2025 |
| 4 | M&G Investment Management Ltd. | 3,298,930 | -381,583 | 115,033,689.1 | 0.1593 | 0.9678 | 06/30/2025 |
| 5 | Goldman Sachs & Co. LLC (Private Banking) | 2,875,617 | 1,510,620 | 100,272,764.79 | 0.0428 | 0.8436 | 06/30/2025 |
| 6 | Principal Global Investors LLC | 2,227,261 | 2,227,261 | 77,664,591.07 | 0.0367 | 0.6534 | 06/30/2025 |
| 7 | Morgan Stanley & Co. LLC | 2,194,990 | -898,955 | 76,539,301.3 | 0.027 | 0.6439 | 06/30/2025 |
| 8 | The Vanguard Group, Inc. | 2,122,002 | 522,447 | 73,994,209.74 | 0.001 | 0.6225 | 06/30/2025 |
| 9 | Numeric Investors LLC | 1,942,196 | -109,601 | 67,724,374.52 | 0.2001 | 0.5698 | 06/30/2025 |
| 10 | Renaissance Technologies LLC | 1,789,768 | 571,300 | 62,409,210.16 | 0.0804 | 0.525 | 06/30/2025 |
| 11 | UBS Securities LLC | 1,659,993 | 1,233,369 | 57,883,955.91 | 0.0251 | 0.487 | 06/30/2025 |
| 12 | JPMorgan Securities LLC (Investment Management) | 1,644,834 | 239,084 | 57,355,361.58 | 0.0301 | 0.4825 | 06/30/2025 |
| 13 | BofA Securities, Inc. | 1,527,365 | -837,444 | 53,259,217.55 | 0.0972 | 0.4481 | 06/30/2025 |
| 14 | SG Americas Securities LLC | 1,390,686 | 1,375,883 | 48,493,220.82 | 0.205 | 0.408 | 06/30/2025 |
| 15 | First Sentier Investors (Hong Kong) Ltd. | 1,381,600 | 726,704 | 48,176,392 | 0.3293 | 0.4053 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Government Pension Fund - Global (The) | 4,486,274 | 0 | 156,436,374.38 | 0.0101 | 1.3161 | 12/31/2024 |
| 2 | Fidelity Growth Company Commingled Pool | 1,755,701 | 827,960 | 61,221,293.87 | 0.0615 | 0.5151 | 06/30/2025 |
| 3 | Fidelity Growth Company Fund | 1,331,038 | 672,168 | 46,413,295.06 | 0.0632 | 0.3905 | 06/30/2025 |
| 4 | First Sentier Invs. Glb. Umb. - FSSA China Growth Fund | 1,211,662 | 657,569 | 42,250,653.94 | 1.5782 | 0.3555 | 04/30/2025 |
| 5 | Vanguard Total International Stock Index Fund | 982,108 | 256,826 | 34,246,105.96 | 0.0064 | 0.2881 | 07/31/2025 |
| 6 | Principal Funds, Inc. - Global Emerging Markets Fund | 949,610 | 949,610 | 33,112,900.7 | 1.0392 | 0.2786 | 06/30/2025 |
| 7 | Vanguard Emerging Markets Stock Index Fund | 872,648 | 217,540 | 30,429,235.76 | 0.0224 | 0.256 | 07/31/2025 |
| 8 | Schroder ISF - Hong Kong Equity | 537,090 | -10,279 | 18,728,328.3 | 1.9239 | 0.1576 | 06/30/2025 |
| 9 | Vanguard Institutional Total Intl. Stock Market Index Tr. II | 505,890 | 142,279 | 17,640,384.3 | 0.0064 | 0.1484 | 06/30/2025 |
| 10 | Fidelity Growth Company K6 Fund | 412,961 | 216,072 | 14,399,950.07 | 0.0661 | 0.1211 | 06/30/2025 |
| 11 | Burgundy Emerging Markets Equity Fund | 401,658 | 64,136 | 14,005,814.46 | 4.5273 | 0.1178 | 06/30/2025 |
| 12 | iShares Core MSCI Emerging Markets ETF | 386,204 | 55,517 | 13,466,933.48 | 0.0132 | 0.1133 | 07/31/2025 |
| 13 | M&G Investment Funds (1) OEIC - Asian Fund | 384,850 | 50,788 | 13,419,719.5 | 1.4384 | 0.1129 | 04/30/2025 |
| 14 | Fidelity Series Growth Company Fund | 367,000 | 214,300 | 12,797,290 | 0.0638 | 0.1077 | 06/30/2025 |
| 15 | abrdn Asia Focus PLC | 320,116 | 320,116 | 11,162,444.92 | 1.3028 | 0.0939 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Management & Research Co. LLC | 3,880,170 | 2,235,628 | 135,301,527.9 | 0.0077 | 1.1383 | 06/30/2025 |
| 2 | Principal Global Investors LLC | 2,227,261 | 2,227,261 | 77,664,591.07 | 0.0367 | 0.6534 | 06/30/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 2,875,617 | 1,510,620 | 100,272,764.79 | 0.0428 | 0.8436 | 06/30/2025 |
| 4 | SG Americas Securities LLC | 1,390,686 | 1,375,883 | 48,493,220.82 | 0.205 | 0.408 | 06/30/2025 |
| 5 | UBS Securities LLC | 1,659,993 | 1,233,369 | 57,883,955.91 | 0.0251 | 0.487 | 06/30/2025 |
| 6 | WFM Asia (HK) Ltd. | 1,229,893 | 1,229,893 | 42,886,368.91 | 2.6599 | 0.3608 | 06/30/2025 |
| 7 | Tree Line Advisors (Hong Kong) Ltd. | 900,000 | 900,000 | 31,383,000 | 7.4248 | 0.264 | 06/30/2025 |
| 8 | Qube Research & Technologies Ltd. | 975,098 | 859,467 | 34,001,667.26 | 0.0466 | 0.2861 | 06/30/2025 |
| 9 | Abrdn Asia Ltd. | 734,945 | 734,945 | 25,627,532.15 | 0.2978 | 0.2156 | 06/30/2025 |
| 10 | First Sentier Investors (Hong Kong) Ltd. | 1,381,600 | 726,704 | 48,176,392 | 0.3293 | 0.4053 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | FIL Investment Management (Singapore) Ltd. | 0 | -2,458,758 | 0 | 0 | 0 | |
| 2 | OLP Capital Management Ltd. | 5,707,633 | -1,494,762 | 199,025,162.71 | 16.1024 | 1.6744 | 07/22/2025 |
| 3 | Voloridge Investment Management LLC | 0 | -1,028,543 | 0 | 0 | 0 | |
| 4 | William Blair Investment Management LLC | 0 | -908,692 | 0 | 0 | 0 | |
| 5 | Morgan Stanley & Co. LLC | 2,194,990 | -898,955 | 76,539,301.3 | 0.027 | 0.6439 | 06/30/2025 |
| 6 | Healthcare of Ontario Pension Plan | 295,200 | -891,200 | 10,293,624 | 0.0199 | 0.0866 | 06/30/2025 |
| 7 | BofA Securities, Inc. | 1,527,365 | -837,444 | 53,259,217.55 | 0.0972 | 0.4481 | 06/30/2025 |
| 8 | Perseverance Asset Management LP | 0 | -720,376 | 0 | 0 | 0 | |
| 9 | Schroder Investment Management (Hong Kong) Ltd. | 0 | -547,369 | 0 | 0 | 0 | |
| 10 | Millennium Management LLC | 340,732 | -542,540 | 11,881,324.84 | 0.0103 | 0.1 | 06/30/2025 |
Data provided by FactSet Research Systems Inc.