KEYWISE CAPITAL MANAGEMENT (HK) Ltd In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), KEYWISE CAPITAL MANAGEMENT (HK) Ltd reported 14 stock positions worth $1.2 billion . Its top holding was Palantir Technologies Class A (PLTR) at 33.9% of the portfolio, followed by Miniso Group Holding Ltd.-ADR (MNSO, 18.2% ) and Taiwan Semiconductor-SP ADR (TSM, 17.0% ). Compared with Q3 2024, it opened 1 new position, sold out of 1, added to 5 and reduced 7. The biggest buy was Miniso Group Holding Ltd.-ADR (MNSO, shares +77% ) and the biggest sale New Oriental Educatio-SP ADR (EDU, shares −50% ).
Location HONG KONG, K3
CIK 0001474069
Portfolio Value $1.2B (Q4 2024) Holdings 14 stocks · $1.2B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 PLTR Palantir Technologies Inc. Class A 5,414,100 $409.5M Reduce -30.7% MNSO Miniso Group Holding Ltd.-ADR 9,201,950 $219.8M Add +76.6% TSM Taiwan Semiconductor-SP ADR 1,037,480 $204.9M Add +0.2% PDD PDD Holdings Inc. 1,147,760 $111.3M Add +0.1% NVDA Nvidia Corp. 490,450 $65.9M Reduce -1.2% AAPL Apple Inc. 214,550 $53.7M Reduce -0.0% YMM Full Truck Alliance -SPN ADR 4,234,400 $45.8M Add +25877.9% GOOGL Alphabet Inc. Class A 234,360 $44.4M Add +0.3% EDU New Oriental Educatio-SP ADR 475,440 $30.5M Reduce -50.3% VIPS Vipshop Holdings Ltd. - ADR 1,513,600 $20.4M No change ATHM Autohome Inc.-ADR 35,200 $913K New GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD 18,600 $442K Reduce -99.0% MSFT Microsoft Corp. 950 $400K Reduce -48.6% GOTU Gaotu Techedu Inc. 63,850 $140K Reduce -30.6%
Options reported separately and not counted above: GOOGL calls ($6.7M), PDD calls ($6.3M), PLTR calls ($212K).
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ EDU New Oriental Educatio-SP ADR Reduce -50.3% 2.53% −4.71 GDS GDS Holdings Ltd. - ADR Reduce -99.0% 0.04% −3.87 NVDA Nvidia Corp. Reduce -1.2% 5.45% −0.56 AAPL Apple Inc. Reduce -0.0% 4.45% −0.54 MSFT Microsoft Corp. Reduce -48.6% 0.03% −0.05 ETN Eaton Corp. PLC Sold out 0.00% −0.04 GOTU Gaotu Techedu Inc. Reduce -30.6% 0.01% −0.02 PLTR Palantir Technologies Inc. Class A Reduce -30.7% 33.89% +4.91
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ MNSO Miniso Group Holding Ltd.-ADR Add +76.6% 18.20% +9.08 YMM Full Truck Alliance -SPN ADR Add +25877.9% 3.79% +3.78 ATHM Autohome Inc.-ADR New 0.08% +0.08 GOOGL Alphabet Inc. Class A Add +0.3% 3.67% −0.19 TSM Taiwan Semiconductor-SP ADR Add +0.2% 16.96% −0.97 PDD PDD Holdings Inc. Add +0.1% 9.21% −6.21
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ GOOGL Alphabet Inc. Class A call New 35,500 $6.7M PDD PDD Holdings Inc. call New 65,000 $6.3M PLTR Palantir Technologies Inc. Class A call Reduce -98.8% 2,800 $212K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 12 $694.4M TSM, GOOGL, STX, CRCL, PDD Q1 2026 10 $593.3M TSM, GOOGL, CRCL, PLTR, STX Q4 2025 17 $1.3B GOOGL, PLTR, EL, CRCL, NVDA Q3 2025 19 $1.2B PLTR, GOOGL, NVDA, MNSO, CRCL Q2 2025 13 $1.1B PLTR, GOOGL, NVDA, MNSO, PDD Q1 2025 11 $907.8M PLTR, MNSO, PDD, NVDA, GOOGL Q4 2024 14 $1.2B PLTR, MNSO, TSM, PDD, NVDA Q3 2024 14 $1.0B PLTR, TSM, PDD, MNSO, EDU Q2 2024 12 $827.2M TSM, PLTR, MNSO, EDU, PDD Q1 2024 12 $737.5M TSM, PLTR, EDU, MNSO, NVDA