MY.Alpha Management HK Advisors Ltd In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), MY.Alpha Management HK Advisors Ltd reported 15 stock positions worth $266.5 million . Its top holding was New Oriental Educatio-SP ADR (EDU) at 14.5% of the portfolio, followed by Iqiyi Inc. (iq 6.5 03/15/28) (12.6% ) and PDD (PDD, 10.1% ). Compared with Q4 2023, it opened 5 new positions, sold out of 1, added to 6 and reduced 4. The biggest buy was a new position in Iqiyi Inc. (iq 6.5 03/15/28) and the biggest sale an exit from Vnet Group Inc. (vnet 0 02/01/26) .
Location HONG KONG, K3
CIK 0001910173
Portfolio Value $266.5M (Q1 2024) Holdings 15 stocks · $266.5M 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 Q4 2023 EDU New Oriental Educatio-SP ADR 445,833 $38.7M Reduce -22.0% IQIYI INC (IQ 6.5 03/15/28) 35,600,000 $33.6M New PDD PDD Holdings Inc. 231,119 $26.9M Add +31.8% FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 495,464 $26.8M Add +23.8% NTES Netease Inc.-ADR 220,476 $22.8M Add +41.3% TCOM Trip.com Group Ltd.-ADR 402,236 $17.7M Add +107.8% DELL Dell Technologies -C 153,088 $17.5M New BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 1,203,100 $16.5M New TME Tencent Music Entertainm-ADR 1,461,564 $16.4M Reduce -44.6% X United States Steel Corp. 389,422 $15.9M New JOYY Joyy Inc.-ADR 412,871 $12.7M Add +25.5% BILIBILI INC (BILI 0.5 12/01/26) 9,995,000 $9.5M Add +22.4% VNET Vnet Group Inc.-ADR 5,459,610 $8.5M Reduce -14.6% VICARIOUS SURGICAL INC 6,220,065 $1.9M Reduce -15.7% WDC Western Digital Corp. 18,154 $1.2M New
Portfolio Sells Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▲ VNET GROUP INC (VNET 0 02/01/26) Sold out 0.00% −8.86 EDU New Oriental Educatio-SP ADR Reduce -22.0% 14.52% −7.12 VNET Vnet Group Inc.-ADR Reduce -14.6% 3.18% −6.31 TME Tencent Music Entertainm-ADR Reduce -44.6% 6.14% −6.16 VICARIOUS SURGICAL INC Reduce -15.7% 0.70% −0.70
Portfolio Buys Q4 2023 → Q1 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 Q4 2023 % Of Portfolio Change To Portfolio ▼ IQIYI INC (IQ 6.5 03/15/28) New 12.62% +12.62 DELL Dell Technologies -C New 6.55% +6.55 BEKE Ke Holdings Inc.-ADR New 6.20% +6.20 X United States Steel Corp. New 5.96% +5.96 TCOM Trip.com Group Ltd.-ADR Add +107.8% 6.62% +3.02 NTES Netease Inc.-ADR Add +41.3% 8.56% +1.05 WDC Western Digital Corp. New 0.46% +0.46 BILIBILI INC (BILI 0.5 12/01/26) Add +22.4% 3.57% −0.32 FUTU Futu Holdings Ltd.-ADR Add +23.8% 10.07% −1.23 JOYY Joyy Inc.-ADR Add +25.5% 4.76% −1.99 PDD PDD Holdings Inc. Add +31.8% 10.08% −3.18
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ HHLA.WS Hh&l Acquisition -A -CW26 *W EXP 02/04/202 Sold out 851,920 $21Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 9 $259.6M EWY, FUTU, JOYY, ACMR, GDS Q1 2026 11 $245.8M FUTU, JOYY, GDS, PAYP, TSM Q4 2025 Amended 10 $186.4M FUTU, JOYY, SNDK, TSM, BILI Q3 2025 11 $154.5M FUTU, ZK, JOYY, GDS, TSM Q2 2025 15 $134.7M TSM, JOYY, ZK, GDS, QFIN Q1 2025 18 $201.0M TAL, PDD, FUTU, X, QFIN Q4 2024 17 $227.5M X, JOYY, TSM, FUTU, QFIN Q3 2024 14 $280.3M PDD, FUTU, X, IQIYI INC, VNET Q2 2024 16 $265.5M X, PDD, IQIYI INC (IQ 6.5 03/15/28), EDU, FUTU Q1 2024 15 $266.5M EDU, IQIYI INC (IQ 6.5 03/15/28), PDD, FUTU, NTES