| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HHLR Advisors Ltd. | 4,885,873 | -2,000,000 | 27,507,464.99 | 0.1973 | 7.6558 | 09/30/2025 |
| 2 | Morgan Stanley & Co. LLC | 3,534,758 | 1,555,474 | 19,900,687.54 | 0.0068 | 5.5387 | 09/30/2025 |
| 3 | Bank of America, NA (Private Banking) | 1,754,241 | 1,741,341 | 9,876,376.83 | 0.003 | 2.7487 | 09/30/2025 |
| 4 | Arrowstreet Capital LP | 546,799 | 502,734 | 3,078,478.37 | 0.0018 | 0.8568 | 09/30/2025 |
| 5 | Renaissance Technologies LLC | 540,707 | -5,000 | 3,044,180.41 | 0.004 | 0.8472 | 09/30/2025 |
| 6 | Goldman Sachs & Co. LLC (Private Banking) | 453,842 | 425,180 | 2,555,130.46 | 0.0011 | 0.7111 | 09/30/2025 |
| 7 | Connor, Clark & Lunn Investment Management Ltd. | 432,404 | 277,615 | 2,434,434.52 | 0.0067 | 0.6775 | 09/30/2025 |
| 8 | Fullgoal Fund Management Co., Ltd. | 383,682 | 383,682 | 2,160,129.66 | 0.004 | 0.6012 | 06/30/2025 |
| 9 | Point72 Asset Management LP | 378,170 | -234,932 | 2,129,097.1 | 0.0039 | 0.5926 | 09/30/2025 |
| 10 | China Southern Asset Management Co., Ltd. | 260,000 | 260,000 | 1,463,800 | 0.0024 | 0.4074 | 06/30/2025 |
| 11 | Helios Capital Management Pte Ltd. | 200,000 | 0 | 1,126,000 | 0.7807 | 0.3134 | 09/30/2025 |
| 12 | Envestnet Asset Management, Inc. | 199,230 | 199,230 | 1,121,664.9 | 0.0003 | 0.3122 | 09/30/2025 |
| 13 | Barclays Bank Plc (Private Banking) | 162,820 | -84,907 | 916,676.6 | 0.0005 | 0.2551 | 09/30/2025 |
| 14 | Dorsey, Wright & Associates LLC | 147,908 | 147,908 | 832,722.04 | 0.1845 | 0.2318 | 09/30/2025 |
| 15 | Keystone Investors Pte Ltd. | 138,166 | 138,166 | 777,874.58 | 0.0846 | 0.2165 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Fullgoal Global Consumption Selected Mixed Fund QDII | 383,682 | 383,682 | 2,160,129.66 | 0.6034 | 0.6012 | 06/30/2025 |
| 2 | China Southern CN Emerging Economy 9M Holding Mixed Fund QDII | 260,000 | 260,000 | 1,463,800 | 0.9617 | 0.4074 | 06/30/2025 |
| 3 | AdvisorShares Dorsey Wright ADR ETF | 113,302 | 113,302 | 637,890.26 | 1.3795 | 0.1775 | 10/31/2025 |
| 4 | SPDR Portfolio Emerging Markets ETF | 64,332 | 7,740 | 362,189.16 | 0.0023 | 0.1008 | 11/28/2025 |
| 5 | Invesco Golden Dragon China ETF | 55,140 | -2,216 | 310,438.2 | 0.21 | 0.0864 | 10/31/2025 |
| 6 | CC&L UCITS ICAV - Q Emerging Markets Equity UCITS Fund | 55,035 | 41,764 | 309,847.05 | 0.019 | 0.0862 | 11/28/2025 |
| 7 | DFA Emerging Markets Small Cap Portfolio | 53,655 | 14,700 | 302,077.65 | 0.0075 | 0.0841 | 09/30/2025 |
| 8 | DFA Emerging Markets Small Cap Series (The) | 53,655 | 17,171 | 302,077.65 | 0.0079 | 0.0841 | 07/31/2025 |
| 9 | Ayalon (4D) Global Stocks | 45,842 | 0 | 258,090.46 | 0.4161 | 0.0718 | 09/30/2025 |
| 10 | SPDR S&P Emerging Markets Small Cap ETF | 44,799 | 8,484 | 252,218.37 | 0.0338 | 0.0702 | 11/28/2025 |
| 11 | DFA Emerging Markets Core Equity 2 Portfolio | 43,036 | 19,182 | 242,292.68 | 0.0007 | 0.0674 | 09/30/2025 |
| 12 | Dimensional Funds II Plc - Emerging Markets Targeted Value Fd. | 29,038 | 0 | 163,483.94 | 0.0243 | 0.0455 | 05/31/2025 |
| 13 | DFA Emerging Markets Sustainability Core 1 Portfolio | 25,009 | 0 | 140,800.67 | 0.0113 | 0.0392 | 09/30/2025 |
| 14 | DFA Emerging Markets Social Core Equity Portfolio | 20,551 | 0 | 115,702.13 | 0.0061 | 0.0322 | 09/30/2025 |
| 15 | DFA World (ex-US) Core Equity Portfolio | 18,246 | 0 | 102,724.98 | 0.0021 | 0.0286 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Bank of America, NA (Private Banking) | 1,754,241 | 1,741,341 | 9,876,376.83 | 0.003 | 2.7487 | 09/30/2025 |
| 2 | Morgan Stanley & Co. LLC | 3,534,758 | 1,555,474 | 19,900,687.54 | 0.0068 | 5.5387 | 09/30/2025 |
| 3 | Arrowstreet Capital LP | 546,799 | 502,734 | 3,078,478.37 | 0.0018 | 0.8568 | 09/30/2025 |
| 4 | Goldman Sachs & Co. LLC (Private Banking) | 453,842 | 425,180 | 2,555,130.46 | 0.0011 | 0.7111 | 09/30/2025 |
| 5 | Fullgoal Fund Management Co., Ltd. | 383,682 | 383,682 | 2,160,129.66 | 0.004 | 0.6012 | 06/30/2025 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 432,404 | 277,615 | 2,434,434.52 | 0.0067 | 0.6775 | 09/30/2025 |
| 7 | China Southern Asset Management Co., Ltd. | 260,000 | 260,000 | 1,463,800 | 0.0024 | 0.4074 | 06/30/2025 |
| 8 | Envestnet Asset Management, Inc. | 199,230 | 199,230 | 1,121,664.9 | 0.0003 | 0.3122 | 09/30/2025 |
| 9 | Dorsey, Wright & Associates LLC | 147,908 | 147,908 | 832,722.04 | 0.1845 | 0.2318 | 09/30/2025 |
| 10 | Keystone Investors Pte Ltd. | 138,166 | 138,166 | 777,874.58 | 0.0846 | 0.2165 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | HHLR Advisors Ltd. | 4,885,873 | -2,000,000 | 27,507,464.99 | 0.1973 | 7.6558 | 09/30/2025 |
| 2 | Point72 Asset Management LP | 378,170 | -234,932 | 2,129,097.1 | 0.0039 | 0.5926 | 09/30/2025 |
| 3 | Dimensional Fund Advisors LP | 0 | -173,420 | 0 | 0 | 0 | |
| 4 | Barclays Bank Plc (Private Banking) | 162,820 | -84,907 | 916,676.6 | 0.0005 | 0.2551 | 09/30/2025 |
| 5 | Millennium Management LLC | 32,718 | -73,072 | 184,202.34 | 0.0001 | 0.0513 | 09/30/2025 |
| 6 | Oasis Management (Hong Kong) LLC | 55,000 | -63,371 | 309,650 | 0.0558 | 0.0862 | 09/30/2025 |
| 7 | Dimensional Fund Advisors Ltd. | 0 | -62,801 | 0 | 0 | 0 | |
| 8 | Cubist Systematic Strategies LLC | 0 | -28,492 | 0 | 0 | 0 | |
| 9 | Jane Street Capital LLC | 51,101 | -22,146 | 287,698.63 | 0.0003 | 0.0801 | 09/30/2025 |
| 10 | XTX Markets LLC | 11,460 | -21,178 | 64,519.8 | 0.0033 | 0.018 | 09/30/2025 |
Data provided by FactSet Research Systems Inc.