Shengqi Capital (Hong Kong) Ltd In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), Shengqi Capital (Hong Kong) Ltd reported 6 stock positions worth $116.2 million . Its top holding was PDD (PDD) at 40.1% of the portfolio, followed by Tesla (TSLA, 31.5% ) and Alphabet Class A (GOOGL, 14.8% ). Compared with Q3 2024, it opened 4 new positions, added to 1 and reduced 1. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Tesla (TSLA, shares −56% ).
Location HONG KONG, K3
CIK 0002040405
Portfolio Value $116.2M (Q4 2024) Holdings 6 stocks · $116.2M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 PDD PDD Holdings Inc. 480,947 $46.6M Add +33.6% TSLA Tesla Inc. 90,624 $36.6M Reduce -56.4% GOOGL Alphabet Inc. Class A 90,991 $17.2M New META Meta Platforms Inc. Class A 10,160 $5.9M New YINN Direxion DLY Ftse CH BL3X-Ui 203,325 $5.7M New TSLL Dirx DLY Tsla Bul 2X ETF-Aui 150,000 $4.1M New
Options reported separately and not counted above: PDD calls ($48.5M).
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
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ TSLA Tesla Inc. Reduce -56.4% 31.49% −21.37
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
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ GOOGL Alphabet Inc. Class A New 14.82% +14.82 META Meta Platforms Inc. Class A New 5.12% +5.12 YINN Direxion DLY Ftse CH BL3X-Ui New 4.89% +4.89 TSLL Dirx DLY Tsla Bul 2X ETF-Aui New 3.55% +3.55 PDD PDD Holdings Inc. Add +33.6% 40.13% −7.01
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ PDD PDD Holdings Inc. call Add +117.4% 500,000 $48.5M
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 7 $334.0M MU, QCOM, DRAM, GOOG, TQQQ Q1 2026 Amended 5 $67.6M MU, GOOG, TQQQ, IBIT, GREENLAND MINES LTD Q4 2025 0 $0 Q3 2025 4 $33K IBIT, TQQQ, ETHA, GREENLAND MINES LTD Q2 2025 0 $0 Q1 2025 4 $110.4M PDD, BABA, META, GOOGL Q4 2024 6 $116.2M PDD, TSLA, GOOGL, META, YINN Q3 2024 2 $103.0M TSLA, PDD