Serenity Capital Management Pte. LTD.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 18, 2024), Serenity Capital Management Pte. LTD. reported 4 stock positions worth $161.6 million. Its top holding was Zto Express Cayman Inc.-ADR (ZTO) at 64.9% of the portfolio, followed by Qfin Holdings Inc.-ADR (QFIN, 31.8%) and Atour Lifestyle Holdings-ADR (ATAT, 3.1%). Compared with Q1 2024, it opened 1 new position and reduced 2. The biggest buy was a new position in Atour Lifestyle Holdings-ADR (ATAT) and the biggest sale Zto Express Cayman Inc.-ADR (ZTO, shares −17%).

Most Recent 13F
Q2 2026
Location
Singapore, U0
CIK
0001934957
Portfolio Value
$161.6M (Q2 2024)
SEC Filing
0001172661-24-002825 ↗ filed Jul 18, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $178.8M Q1 2024 Q2 2024: $161.6M $161.6M Q2 2024 Q3 2024: $196.4M Q3 2024 Q4 2024: $149.0M Q4 2024 Q1 2025: $167.1M Q1 2025 Q2 2025: $235.8M Q2 2025 Q3 2025: $394.0M Q3 2025 Q4 2025: $376.8M Q4 2025 Q1 2026: $414.4M Q1 2026 Q2 2026: $331.6M Q2 2026

Holdings 4 stocks · $161.6M
ZTO Zto Express Cayman Inc.-ADR 64.92% 5,056,987 $104.9M Reduce -16.5%
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 31.77% 2,602,316 $51.3M Reduce -7.1%
ATAT Atour Lifestyle Holdings-ADR 3.12% 275,000 $5.0M New
TAL Tal Education Group- ADR 0.19% 28,955 $309K No change

Portfolio Sells Q1 2024 → Q2 2024
ZTO Zto Express Cayman Inc.-ADR Reduce -16.5% 64.92% −6.01
QFIN Qfin Holdings Inc.-ADR Reduce -7.1% 31.77% +2.88

Portfolio Buys Q1 2024 → Q2 2024
ATAT Atour Lifestyle Holdings-ADR New 3.12% +3.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$331.6MZTO, TAL, EDU, YMM, PDD
Q1 2026 10$414.4MZTO, TAL, HTHT, EDU, PDD
Q4 2025 9$376.8MZTO, HTHT, TAL, MAT, MNSO
Q3 2025 8$394.0MBZ, ZTO, TAL, HTHT, EDU
Q2 2025 8$235.8MZTO, BZ, MNSO, HTHT, EDU
Q1 2025 7$167.1MZTO, BZ, QFIN, EDU, MNSO
Q4 2024 5$149.0MZTO, QFIN, ATAT, EDU, TAL
Q3 2024 4$196.4MZTO, QFIN, ATAT, TAL
Q2 2024 4$161.6MZTO, QFIN, ATAT, TAL
Q1 2024 3$178.8MZTO, QFIN, TAL