The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACM RESH INC COM CL A 00108J109 26 1 SH SOLE 26 0 0
ALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 01609WBG6 12,744,900 5,000,000 SH SOLE 12,744,900 0 0
AMER SPORTS INC COM SHS G0260P102 18,962,942 489,240 SH SOLE 18,962,942 0 0
ANALOG DEVICES INC COM 032654105 714,060 3,000 SH SOLE 714,060 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100 477,482 10,478 SH SOLE 477,482 0 0
APPLIED MATLS INC COM 038222105 183 1 SH SOLE 183 0 0
APPLIED OPTOELECTRONICS INC COM 03823U102 49,325 1,920 SH SOLE 49,325 0 0
ATOUR LIFESTYLE HLDGS LTD SPONSORED ADS 04965M106 2,886,400 68,735 SH SOLE 2,886,400 0 0
AXT INC COM 00246W103 2 1 SH SOLE 2 0 0
BEONE MEDICINES LTD SPONSORED ADS 07725L102 3,945,741 16,300 SH SOLE 3,945,741 0 0
BILIBILI INC SPONS ADS REP Z 090040106 6,819,234 317,913 SH SOLE 6,819,234 0 0
BIRKENSTOCK HOLDING PLC COM SHS M2029K104 299,654 6,093 SH SOLE 299,654 0 0
BROADCOM INC COM 11135F101 3,029,118 10,989 SH SOLE 3,029,118 0 0
CANADIAN SOLAR INC NOTE 2.500%10/0 136635AG4 19,700,000 20,000,000 SH SOLE 19,700,000 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 1,208,457 42,975 SH SOLE 1,208,457 0 0
CATERPILLAR INC PUT 149123951 230 1 SH Put SOLE 230 0 0
CELESTICA INC COM 15101Q207 156 1 SH SOLE 156 0 0
CENTRUS ENERGY CORP CL A 15643U104 415,086 2,266 SH SOLE 415,086 0 0
CHINA YUCHAI INTL LTD COM G21082105 4,759,429 199,056 SH SOLE 4,759,429 0 0
CISCO SYS INC COM 17275R102 749,304 10,800 SH SOLE 749,304 0 0
COCA COLA CO COM 191216100 150,627 2,129 SH SOLE 150,627 0 0
COHERENT CORP COM 19247G107 841,072 9,428 SH SOLE 841,072 0 0
COINBASE GLOBAL INC NOTE 0.250% 4/0 19260QAF4 6,552,100 5,000,000 SH SOLE 6,552,100 0 0
COINBASE GLOBAL INC NOTE 0.500% 6/0 19260QAB3 5,210,370 4,500,000 SH SOLE 5,210,370 0 0
CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES G25457105 26,851 290 SH SOLE 26,851 0 0
DAQO NEW ENERGY CORP SPNSRD ADS NEW 23703Q203 4,551 300 SH SOLE 4,551 0 0
DELL TECHNOLOGIES INC CL C 24703L202 2,942,523 24,001 SH SOLE 2,942,523 0 0
DOCUSIGN INC COM 256163106 4,438,562 56,985 SH SOLE 4,438,562 0 0
DRAFTKINGS INC NEW COM CL A 26142V105 2,748,777 64,089 SH SOLE 2,748,777 0 0
ELBIT SYS LTD ORD M3760D101 791,120 1,760 SH SOLE 791,120 0 0
ENERGY FUELS INC COM NEW 292671708 10,609 1,845 SH SOLE 10,609 0 0
ERO COPPER CORP COM 296006109 820,831 48,714 SH SOLE 820,831 0 0
FREEPORT-MCMORAN INC CL B 35671D857 143,228 3,304 SH SOLE 143,228 0 0
FRONTLINE PLC COM M46528101 5,861,668 357,201 SH SOLE 5,861,668 0 0
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108 84,428,025 7,148,859 SH SOLE 84,428,025 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106 2,182,105 17,656 SH SOLE 2,182,105 0 0
GAOTU TECHEDU INC SPONSORED ADS 36257Y109 8,621 2,388 SH SOLE 8,621 0 0
GE AEROSPACE COM NEW 369604301 21,363 83 SH SOLE 21,363 0 0
GE VERNOVA INC COM 36828A101 20,637 39 SH SOLE 20,637 0 0
H WORLD GROUP LTD NOTE 3.000% 5/0 44332NAB2 5,310,000 5,000,000 SH SOLE 5,310,000 0 0
HELLO GROUP INC NOTE 1.250% 7/0 60879BAB3 80,816 80,000 SH SOLE 80,816 0 0
HESAI GROUP SPONSORED ADS 428050108 2,091,264 95,274 SH SOLE 2,091,264 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 301,763 1,133 SH SOLE 301,763 0 0
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 9 1 SH SOLE 9 0 0
HOWMET AEROSPACE INC COM 443201108 11,168 60 SH SOLE 11,168 0 0
ICICI BANK LIMITED ADR 45104G104 6,307,466 187,499 SH SOLE 6,307,466 0 0
INFOSYS LTD SPONSORED ADR 456788108 11,777,668 635,600 SH SOLE 11,777,668 0 0
IONQ INC COM 46222L108 43 1 SH SOLE 43 0 0
ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 113,404,134 1,852,706 SH SOLE 113,404,134 0 0
JD.COM INC NOTE 0.250% 6/0 47215PAJ5 7,839,975 7,500,000 SH SOLE 7,839,975 0 0
KE HLDGS INC SPONSORED ADS 482497104 20,381,255 684,917 SH SOLE 20,381,255 0 0
KT CORP SPONSORED ADR 48268K101 1,068,508 51,420 SH SOLE 1,068,508 0 0
KULICKE & SOFFA INDS INC COM 501242101 35 1 SH SOLE 35 0 0
LAUDER ESTEE COS INC CL A 518439104 1,363,177 16,871 SH SOLE 1,363,177 0 0
LIGHT & WONDER INC COM 80874P109 177,022 1,839 SH SOLE 177,022 0 0
LUMENTUM HLDGS INC COM 55024U109 4,151,746 43,675 SH SOLE 4,151,746 0 0
MACOM TECH SOLUTIONS HLDGS I COM 55405Y100 646,668 4,513 SH SOLE 646,668 0 0
MELCO RESORTS AND ENTMNT LTD ADR 585464100 3,367,040 465,704 SH SOLE 3,367,040 0 0
META PLATFORMS INC CL A 30303M102 1,359,562 1,842 SH SOLE 1,359,562 0 0
MONOLITHIC PWR SYS INC COM 609839105 731 1 SH SOLE 731 0 0
NAVITAS SEMICONDUCTOR CORP COM 63942X106 7 1 SH SOLE 7 0 0
NEW GOLD INC CDA COM 644535106 835,936 168,876 SH SOLE 835,936 0 0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR 647581206 4,037,672 33,163 SH SOLE 4,037,672 0 0
NOVARTIS AG SPONSORED ADR 66987V109 2,420,200 20,000 SH SOLE 2,420,200 0 0
NOVO-NORDISK A S ADR 670100205 637,607 9,238 SH SOLE 637,607 0 0
ONTO INNOVATION INC COM 683344105 2,911,124 28,843 SH SOLE 2,911,124 0 0
ORACLE CORP COM 68389X105 1,442,958 6,600 SH SOLE 1,442,958 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 65,791,369 615,136 SH SOLE 65,791,369 0 0
PDD HOLDINGS INC NOTE 12/0 722304AC6 20,869,749 21,327,000 SH SOLE 20,869,749 0 0
PHILLIPS 66 COM 718546104 31,734 266 SH SOLE 31,734 0 0
PINTEREST INC CL A 72352L106 884,846 24,675 SH SOLE 884,846 0 0
QORVO INC COM 74736K101 6,708 79 SH SOLE 6,708 0 0
QUANTASING GROUP LTD ADS 74767N107 373,492 39,523 SH SOLE 373,492 0 0
RALPH LAUREN CORP CL A 751212101 647,027 2,359 SH SOLE 647,027 0 0
RAMBUS INC DEL COM 750917106 64 1 SH SOLE 64 0 0
RIO TINTO PLC SPONSORED ADR 767204100 37,740 647 SH SOLE 37,740 0 0
RLX TECHNOLOGY INC SPONSORED ADS 74969N103 110,169 49,850 SH SOLE 110,169 0 0
SEA LTD NOTE 2.375%12/0 81141RAF7 97,658 55,000 SH SOLE 97,658 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103 5,102,643 35,354 SH SOLE 5,102,643 0 0
SHARKNINJA INC COM SHS G8068L108 2,289,045 18,592 SH SOLE 2,289,045 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 726,645 9,749 SH SOLE 726,645 0 0
SOUTHERN COPPER CORP COM 84265V105 10,016 99 SH SOLE 10,016 0 0
SPDR GOLD TR GOLD SHS 78463V107 15,726,180 51,590 SH SOLE 15,726,180 0 0
STARBUCKS CORP COM 855244109 592,846 6,470 SH SOLE 592,846 0 0
STMICROELECTRONICS N V NY REGISTRY 861012102 405,639 13,339 SH SOLE 405,639 0 0
SUPER HI INTL HLDG LTD SPONSORED ADS 86803S106 156,746 8,030 SH SOLE 156,746 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 12,213,020 53,923 SH SOLE 12,213,020 0 0
TAL EDUCATION GROUP SPONSORED ADS 874080104 2,855,386 279,392 SH SOLE 2,855,386 0 0
TAPESTRY INC COM 876030107 619,148 7,051 SH SOLE 619,148 0 0
TASEKO MINES LTD COM 876511106 51,503 16,350 SH SOLE 51,503 0 0
TERADYNE INC COM 880770102 2,424,873 26,967 SH SOLE 2,424,873 0 0
TESLA INC COM 88160R101 3,177 10 SH SOLE 3,177 0 0
TJX COS INC NEW COM 872540109 293,906 2,380 SH SOLE 293,906 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109 1,896,030 30,885 SH SOLE 1,896,030 0 0
TRIP COM GROUP LTD NOTE 0.750% 6/1 89677QAB3 12,211,320 11,000,000 SH SOLE 12,211,320 0 0
TTM TECHNOLOGIES INC COM 87305R109 734,760 18,000 SH SOLE 734,760 0 0
VNET GROUP INC SPONSORED ADS A 90138A103 194,270 28,155 SH SOLE 194,270 0 0
WEIBO CORP NOTE 1.375%12/0 948596AJ0 9,534,000 8,400,000 SH SOLE 9,534,000 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 719,207 238,148 SH SOLE 719,207 0 0
WOODSIDE ENERGY GROUP LTD SPONSORED ADR 980228308 766,424 49,671 SH SOLE 766,424 0 0
YATSEN HLDG LTD SPONSORED ADS 985194208 2,241,377 232,508 SH SOLE 2,241,377 0 0
ZTO EXPRESS CAYMAN INC NOTE 1.500% 9/0 98980AAB1 25,672,179 25,830,000 SH SOLE 25,672,179 0 0