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
APPLE INC COM 037833100 24,250,104 83,806 SH SOLE 83,806 0 0
ABBVIE INC COM 00287Y109 748,377 2,974 SH SOLE 2,974 0 0
ADOBE INC COM 00724F101 1,650,411 8,050 SH SOLE 8,050 0 0
ANALOG DEVICES INC COM 032654105 7,113,712 17,911 SH SOLE 17,911 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 621,461 2,775 SH SOLE 2,775 0 0
AUTODESK INC COM 052769106 238,359 1,226 SH SOLE 1,226 0 0
ASTERA LABS INC COM 04626A103 25,681,207 53,168 SH SOLE 53,168 0 0
ALBEMARLE CORP COM 012653101 1,843,835 13,655 SH SOLE 13,655 0 0
APPLIED MATLS INC COM 038222105 242,928 336 SH SOLE 336 0 0
AMBARELLA INC SHS G037AX101 842,813 9,823 SH SOLE 9,823 0 0
ADVANCED MICRO DEVICES INC COM 007903107 27,782,021 47,825 SH SOLE 47,825 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 585,997 17,482 SH SOLE 17,482 0 0
AMAZON COM INC COM 023135106 25,157,025 105,551 SH SOLE 105,551 0 0
ARISTA NETWORKS INC COM SHS 040413205 13,688,591 80,578 SH SOLE 80,578 0 0
AMPHENOL CORP CL A 032095101 8,122,533 46,067 SH SOLE 46,067 0 0
APPLIED DIGITAL CORP COM NEW 038169207 10,098,229 270,730 SH SOLE 270,730 0 0
APTIV PLC COM SHS G3265R107 7,492,472 122,067 SH SOLE 122,067 0 0
ARM HOLDINGS PLC SPONSORED ADS 042068205 17,103,039 48,236 SH SOLE 48,236 0 0
ASANA INC CL A 04342Y104 129,304 18,472 SH SOLE 18,472 0 0
AUTOHOME INC SP ADS RP CL A 05278C107 47,142,695 2,477,283 SH SOLE 2,477,283 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100 400,163 4,947 SH SOLE 4,947 0 0
AURORA INNOVATION INC CLASS A COM 051774107 2,262,856 331,797 SH SOLE 331,797 0 0
BROADCOM INC COM 11135F101 21,910,256 58,002 SH SOLE 58,002 0 0
AUTOZONE INC COM 053332102 2,237,158 700 SH SOLE 700 0 0
CREDICORP LTD COM G2519Y108 536,062 1,376 SH SOLE 1,376 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 609,101 10,571 SH SOLE 10,571 0 0
BOSTON SCIENTIFIC CORP COM 101137107 1,152,360 27,000 SH SOLE 27,000 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 217,303 7,419 SH SOLE 7,419 0 0
KANZHUN LIMITED SPONSORED ADS 48553T106 177,799,217 13,815,013 SH SOLE 13,815,013 0 0
CONAGRA BRANDS INC COM 205887102 605,081 44,954 SH SOLE 44,954 0 0
CATERPILLAR INC COM 149123101 617,642 580 SH SOLE 580 0 0
CCC INTELLIGENT SOLUTIONS HL COM 12510Q100 52,049 10,087 SH SOLE 10,087 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 11,153,009 29,716 SH SOLE 29,716 0 0
CIENA CORP COM NEW 171779309 7,496,247 15,281 SH SOLE 15,281 0 0
CUMMINS INC COM 231021106 304,541 427 SH SOLE 427 0 0
COHEN & STEERS INC COM 19247A100 202,609 2,661 SH SOLE 2,661 0 0
COHERENT CORP COM 19247G107 515,178 1,306 SH SOLE 1,306 0 0
COUPANG INC CL A 22266T109 1,039,212 59,828 SH SOLE 59,828 0 0
CIRCLE INTERNET GROUP INC COM CL A 172573107 4,930,923 78,731 SH SOLE 78,731 0 0
CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES G25457105 7,130,529 26,220 SH SOLE 26,220 0 0
SALESFORCE INC COM 79466L302 7,735,714 49,379 SH SOLE 49,379 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105 4,144,613 5,431 SH SOLE 5,431 0 0
COREWEAVE INC COM CL A 21873S108 9,072,673 91,146 SH SOLE 91,146 0 0
CISCO SYS INC COM 17275R102 814,233 6,932 SH SOLE 6,932 0 0
CHEVRON CORPORATION COM 166764100 263,393 1,589 SH SOLE 1,589 0 0
DOORDASH INC CL A 25809K105 2,113,053 11,451 SH SOLE 11,451 0 0
DATADOG INC CL A COM 23804L103 16,225,375 62,319 SH SOLE 62,319 0 0
DIGITALOCEAN HLDGS INC COM 25402D102 232,875 1,483 SH SOLE 1,483 0 0
ENERGIZER HLDGS INC COM 29272W109 567,045 26,448 SH SOLE 26,448 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 578,288 8,513 SH SOLE 8,513 0 0
EATON CORP PLC SHS G29183103 11,454,958 26,882 SH SOLE 26,882 0 0
FASTENAL CO COM 311900104 503,835 10,490 SH SOLE 10,490 0 0
FAIR ISAAC CORP COM 303250104 1,553,214 1,300 SH SOLE 1,300 0 0
FLEX LTD ORD Y2573F102 13,055,549 80,555 SH SOLE 80,555 0 0
FLOWERS FOODS INC COM 343498101 611,065 77,350 SH SOLE 77,350 0 0
FIRST SOLAR INC COM 336433107 1,982,064 8,400 SH SOLE 8,400 0 0
FORTINET INC COM 34959E109 4,699,236 30,590 SH SOLE 30,590 0 0
GLOBALFOUNDRIES INC ORDINARY SHARES G39387108 11,944,670 144,942 SH SOLE 144,942 0 0
GAMING & LEISURE P COM 36467J108 295,323 6,632 SH SOLE 6,632 0 0
ALPHABET INC CAP STK CL C 02079K107 1,129,243 3,196 SH SOLE 3,196 0 0
ALPHABET INC CAP STK CL A 02079K305 27,900,948 78,073 SH SOLE 78,073 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 697,845 690 SH SOLE 690 0 0
HOME DEPOT INC COM 437076102 521,614 1,479 SH SOLE 1,479 0 0
HARLEY DAVIDSON INC COM 412822108 405,180 16,565 SH SOLE 16,565 0 0
HESAI GROUP SPONSORED ADS 428050108 521,329 28,613 SH SOLE 28,613 0 0
HUT 8 CORP COM 44812J104 11,947,288 103,489 SH SOLE 103,489 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 453,873 1,614 SH SOLE 1,614 0 0
INTERDIGITAL INC COM 45867G101 314,841 1,112 SH SOLE 1,112 0 0
INFOSYS LTD SPONSORED ADR 456788108 708,788 67,568 SH SOLE 67,568 0 0
INVITATION HOMES INC COM 46187W107 527,406 17,458 SH SOLE 17,458 0 0
SAMSARA INC COM CL A 79589L106 6,723,647 207,328 SH SOLE 207,328 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 1,727,522 4,344 SH SOLE 4,344 0 0
ILLINOIS TOOL WKS INC COM 452308109 580,429 2,146 SH SOLE 2,146 0 0
JABIL INC COM 466313103 7,535,363 19,548 SH SOLE 19,548 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 351,758 20,938 SH SOLE 20,938 0 0
JOHNSON & JOHNSON COM 478160104 897,022 3,532 SH SOLE 3,532 0 0
JOYY INC ADS REPSTG COM A 46591M109 71,339,281 1,081,062 SH SOLE 1,081,062 0 0
JPMORGAN CHASE & CO COM 46625H100 824,872 2,520 SH SOLE 2,520 0 0
KRANESHARES TRUST SUST UL SHOR ETF 500767355 168,404,677 6,721,400 SH SOLE 6,721,400 0 0
KRANESHARES TRUST KWEB COVERD CALL 500767272 1,704,750 75,000 SH SOLE 75,000 0 0
KINDER MORGAN INC DEL COM 49456B101 546,943 17,108 SH SOLE 17,108 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306 104,242,200 4,548,900 SH SOLE 4,548,900 0 0
LUCID GROUP INC COM NEW 549498202 201,242 30,081 SH SOLE 30,081 0 0
LEGEND BIOTECH CORP SPONSORED ADS 52490G102 909,373 31,488 SH SOLE 31,488 0 0
LIFEMD INC COM 53216B104 42,845 10,374 SH SOLE 10,374 0 0
LIFESTANCE HEALTH GROUP INC COM 53228F101 128,220 11,972 SH SOLE 11,972 0 0
LAM RESEARCH CORP COM NEW 512807306 289,464 668 SH SOLE 668 0 0
LULULEMON ATHLETICA INC COM 550021109 1,176,054 10,300 SH SOLE 10,300 0 0
MAIN STR CAP CORP COM 56035L104 569,175 10,971 SH SOLE 10,971 0 0
MOBILEYE GLOBAL INC COMMON CLASS A 60741F104 8,797,494 908,832 SH SOLE 908,832 0 0
MERCADOLIBRE INC COM 58733R102 1,390,162 819 SH SOLE 819 0 0
META PLATFORMS INC CL A 30303M102 25,634,201 45,508 SH SOLE 45,508 0 0
MKS INC. COM 55306N104 204,608 460 SH SOLE 460 0 0
ALTRIA GROUP INC COM 02209S103 647,982 9,006 SH SOLE 9,006 0 0
MOOG INC CL A 615394202 7,873,676 18,577 SH SOLE 18,577 0 0
MP MATERIALS CORP COM CL A 553368101 8,905,534 158,999 SH SOLE 158,999 0 0
MERCK & CO INC COM 58933Y105 432,017 3,362 SH SOLE 3,362 0 0
MORGAN STANLEY COM NEW 617446448 364,566 1,744 SH SOLE 1,744 0 0
MICROSOFT CORP COM 594918104 27,607,210 74,010 SH SOLE 74,010 0 0
MSC INDL DIRECT INC CL A 553530106 310,935 2,614 SH SOLE 2,614 0 0
MATERION CORP COM 576690101 220,069 740 SH SOLE 740 0 0
MICRON TECHNOLOGY INC COM 595112103 16,700,268 14,468 SH SOLE 14,468 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108 17,999,380 65,175 SH SOLE 65,175 0 0
NEXTERA ENERGY INC COM 65339F101 10,127,254 115,384 SH SOLE 115,384 0 0
CLOUDFLARE INC CL A COM 18915M107 11,237,258 45,814 SH SOLE 45,814 0 0
NETFLIX INC. COM 64110L106 9,082,865 127,211 SH SOLE 127,211 0 0
NIKE INC CL B 654106103 510,826 12,444 SH SOLE 12,444 0 0
NOVANTA INC COM 67000B104 7,882,430 48,585 SH SOLE 48,585 0 0
SERVICENOW INC COM 81762P102 13,520,546 136,186 SH SOLE 136,186 0 0
NUTANIX INC CL A 67059N108 10,093,698 198,071 SH SOLE 198,071 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 586,865 43,927 SH SOLE 43,927 0 0
NVIDIA CORPORATION COM 67066G104 43,171,018 215,758 SH SOLE 215,758 0 0
NEWS CORP NEW CL A 65249B109 243,980 9,826 SH SOLE 9,826 0 0
NXP SEMICONDUCTORS N V COM N6596X109 6,873,432 24,458 SH SOLE 24,458 0 0
ONEOK INC NEW COM 682680103 324,982 3,738 SH SOLE 3,738 0 0
ON SEMICONDUCTOR CORP COM 682189105 3,479,072 36,800 SH SOLE 36,800 0 0
ONTO INNOVATION INC COM 683344105 211,175 558 SH SOLE 558 0 0
ORACLE CORP COM 68389X105 11,651,604 79,506 SH SOLE 79,506 0 0
OREILLY AUTOMOTIVE INC COM 67103H107 2,274,807 24,702 SH SOLE 24,702 0 0
PALO ALTO NETWORKS INC COM 697435105 15,534,825 45,554 SH SOLE 45,554 0 0
PAYCHEX INC COM 704326107 593,717 6,038 SH SOLE 6,038 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 440,923,115 5,780,324 SH SOLE 5,780,324 0 0
PFIZER INC COM 717081103 493,664 20,501 SH SOLE 20,501 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108 13,911,497 119,238 SH SOLE 119,238 0 0
PLUG PWR INC COM NEW 72919P202 885,468 326,741 SH SOLE 326,741 0 0
PHILIP MORRIS INTL INC COM 718172109 606,229 3,351 SH SOLE 3,351 0 0
PONY AI INC SPONSORED ADS 732908108 304,598 43,827 SH SOLE 43,827 0 0
PUBLIC STORAGE COM 74460D109 598,423 1,880 SH SOLE 1,880 0 0
PELOTON INTERACTIVE INC CL A COM 70614W100 79,194 13,400 SH SOLE 13,400 0 0
QFIN HOLDINGS INC AMERICAN DEP 88557W101 54,194,514 3,427,863 SH SOLE 3,427,863 0 0
RBC BEARINGS INC COM 75524B104 7,435,029 11,544 SH SOLE 11,544 0 0
ROBLOX CORP CL A 771049103 9,568,161 175,950 SH SOLE 175,950 0 0
REGENCY CTRS CORP COM 758849103 436,975 5,480 SH SOLE 5,480 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 316,828 10,491 SH SOLE 10,491 0 0
RIOT PLATFORMS INC COM 767292105 11,990,414 437,926 SH SOLE 437,926 0 0
RIVIAN AUTOMOTIVE INC COM CL A 76954A103 3,162,836 182,296 SH SOLE 182,296 0 0
REGAL REXNORD CORPORATION COM 758750103 8,032,243 33,722 SH SOLE 33,722 0 0
SANMINA CORP COM 801056102 9,812,924 38,774 SH SOLE 38,774 0 0
SOUTHERN COPPER CORP COM 84265V105 788,004 4,522 SH SOLE 4,522 0 0
SEA LTD SPONSORD ADS 81141R100 1,505,777 15,713 SH SOLE 15,713 0 0
SOLID POWER INC CLASS A COM 83422N105 111,844 43,183 SH SOLE 43,183 0 0
SUPER MICRO COMPUTER INC COM NEW 86800U302 2,023,770 69,000 SH SOLE 69,000 0 0
SNAP ON INC COM 833034101 413,265 1,027 SH SOLE 1,027 0 0
SANDISK CORP COM 80004C200 12,546,442 5,518 SH SOLE 5,518 0 0
SNOWFLAKE INC COM SHS 833445109 19,852,782 78,007 SH SOLE 78,007 0 0
SYNOPSYS INC COM 871607107 1,973,414 4,424 SH SOLE 4,424 0 0
SIMON PPTY GROUP INC NEW COM 828806109 642,099 2,871 SH SOLE 2,871 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 100,888,627 135,100 SH SOLE 135,100 0 0
SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 7,194,513 150,702 SH SOLE 150,702 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103 315,555 327 SH SOLE 327 0 0
TAL ED GROUP SPONSORED ADS 874080104 165,781,158 17,323,005 SH SOLE 17,323,005 0 0
TELADOC HEALTH INC COM 87918A105 202,680 23,901 SH SOLE 23,901 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 7,798,729 11,694 SH SOLE 11,694 0 0
TE CONNECTIVITY PLC ORD SHS G87052109 12,777,437 63,377 SH SOLE 63,377 0 0
TEMPUS AI INC CL A 88023B103 8,335,026 143,881 SH SOLE 143,881 0 0
TERADYNE INC COM 880770102 10,459,169 21,617 SH SOLE 21,617 0 0
TENCENT MUSIC ENTMT GROUP SPON ADS 88034P109 188,241,632 22,543,908 SH SOLE 22,543,908 0 0
TAPESTRY INC COM 876030107 617,577 4,219 SH SOLE 4,219 0 0
PRICE T ROWE GROUP INC COM 74144T108 604,717 5,319 SH SOLE 5,319 0 0
TESLA INC COM 88160R101 32,159,076 76,460 SH SOLE 76,460 0 0
THE TRADE DESK INC COM CL A 88339J105 1,035,984 57,300 SH SOLE 57,300 0 0
TUYA INC SPONSERED ADS 90114C107 326,932 185,757 SH SOLE 185,757 0 0
TWILIO INC CL A 90138F102 7,310,478 35,431 SH SOLE 35,431 0 0
TEXAS INSTRS INC COM 882508104 18,808,217 63,100 SH SOLE 63,100 0 0
UBER TECHNOLOGIES INC COM 90353T100 1,991,616 27,600 SH SOLE 27,600 0 0
UNITEDHEALTH GROUP INC COM 91324P102 459,271 1,105 SH SOLE 1,105 0 0
UPBOUND GROUP INC COM 76009N100 339,244 15,987 SH SOLE 15,987 0 0
UNITED PARCEL SVCS INC CL B 911312106 620,705 5,774 SH SOLE 5,774 0 0
US BANCORP COM NEW 902973304 362,702 6,005 SH SOLE 6,005 0 0
VICI PPTYS INC COM 925652109 471,555 17,761 SH SOLE 17,761 0 0
VIPSHOP HLDGS LTD SPONSORED ADS A 92763W103 136,807,730 10,317,325 SH SOLE 10,317,325 0 0
VNET GROUP INC SPONSORED ADS A 90138A103 809,194 100,646 SH SOLE 100,646 0 0
VERTIV HOLDINGS CO COM CL A 92537N108 7,974,743 23,818 SH SOLE 23,818 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 611,971 1,232 SH SOLE 1,232 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 552,325 13,045 SH SOLE 13,045 0 0
WEIBO CORP SPONSORED ADR 948596101 25,572,559 3,522,391 SH SOLE 3,522,391 0 0
WORKDAY INC CL A 98138H101 1,619,005 13,225 SH SOLE 13,225 0 0
WENDYS CO COM 95058W100 724,621 87,409 SH SOLE 87,409 0 0
WP CAREY INC COM 92936U109 530,602 7,421 SH SOLE 7,421 0 0
WERIDE INC SPONSORED ADS 950915108 295,423 50,760 SH SOLE 50,760 0 0
WESTERN UN CO COM 959802109 603,172 78,334 SH SOLE 78,334 0 0
TERAWULF INC COM 88080T104 10,784,489 436,619 SH SOLE 436,619 0 0
XERIS BIOPHARMA HOLDINGS INC COM 98422E103 84,522 10,672 SH SOLE 10,672 0 0
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108 230,224,704 28,352,796 SH SOLE 28,352,796 0 0
ZSCALER INC COM 98980G102 6,324,649 44,808 SH SOLE 44,808 0 0