Yunqi Capital Ltd

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Yunqi Capital Ltd reported 5 stock positions worth $144.6 million. Its top holding was Qfin Holdings Inc.-ADR (QFIN) at 32.1% of the portfolio, followed by Lufax Holding Ltd.-ADR (LU, 20.7%) and Full Truck Alliance -SPN ADR (YMM, 16.9%). Compared with Q4 2023, it sold out of 3, added to 4 and reduced 1. The biggest buy was Lufax Holding Ltd.-ADR (LU, shares +39%) and the biggest sale an exit from Vipshop Holdings Ltd. - ADR (VIPS).

Most Recent 13F
Q2 2026
Location
HONG KONG, K3
CIK
0001912273
Portfolio Value
$144.6M (Q1 2024)
SEC Filing
0001912273-24-000002 ↗ filed May 10, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $144.6M $144.6M Q1 2024 Q2 2024: $158.1M Q2 2024 Q3 2024: $159.3M Q3 2024 Q4 2024: $156.5M Q4 2024 Q1 2025: $101.6M Q1 2025 Q2 2025: $140.1M Q2 2025 Q3 2025: $170.9M Q3 2025 Q4 2025: $125.4M Q4 2025 Q1 2026: $92.4M Q1 2026 Q2 2026: $124.9M Q2 2026

Holdings 5 stocks · $144.6M
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 32.10% 2,519,630 $46.4M Reduce -5.9%
LU Lufax Holding Ltd.-ADR 20.69% 7,092,640 $29.9M Add +39.4%
YMM Full Truck Alliance -SPN ADR 16.91% 3,365,300 $24.5M Add +20.0%
JOYY Joyy Inc.-ADR 16.65% 783,202 $24.1M Add +52.8%
STAA Staar Surgical Co. 13.64% 515,300 $19.7M Add +162.0%

Portfolio Sells Q4 2023 → Q1 2024
VIPS Vipshop Holdings Ltd. - ADR Sold out 0.00% −16.81
BEKE Ke Holdings Inc.-ADR Sold out 0.00% −5.80
MOMO Hello Group Inc. -SPN ADR Sold out 0.00% −4.31
QFIN Qfin Holdings Inc.-ADR Reduce -5.9% 32.10% +2.38

Portfolio Buys Q4 2023 → Q1 2024
LU Lufax Holding Ltd.-ADR Add +39.4% 20.69% +9.73
STAA Staar Surgical Co. Add +162.0% 13.64% +9.33
YMM Full Truck Alliance -SPN ADR Add +20.0% 16.91% +3.12
JOYY Joyy Inc.-ADR Add +52.8% 16.65% +2.37

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$124.9MSTAA, LU, PSIX, API
Q1 2026 4$92.4MSTAA, LU, API, PONY
Q4 2025 6$125.4MSTAA, LU, PDD, API, PONY
Q3 2025 6$170.9MSTAA, LU, QFIN, PDD, API
Q2 2025 5$140.1MQFIN, STAA, LU, FUTU, PDD
Q1 2025 4$101.6MSTAA, QFIN, LU, YMM
Q4 2024 5$156.5MJOYY, QFIN, STAA, LU, YMM
Q3 2024 5$159.3MQFIN, YMM, JOYY, LU, STAA
Q2 2024 8$158.1MQFIN, YMM, JOYY, STAA, LU
Q1 2024 5$144.6MQFIN, LU, YMM, JOYY, STAA