HSG Holding Ltd
NA, K3 · CIK 1470766 · 13F filing filed 2026-08-13
No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.
$1.2bn
reported value
-26.1% vs Q1 2026
20positions
97.2%in top 10
2 new
0 added
0 reduced
2 sold out
vs Q1 2026
This report includes the holdings of 6 other managers that share the investment decisions:
- HSG Growth IV Management, L.P. – reports through this filing
- HSG Growth V Management, L.P. – reports through this filing
- HSG Growth VI Management, L.P. – reports through this filing
- HSG Venture IV Management, L.P. – reports through this filing
- HSG Venture VI Management, L.P. – reports through this filing
- SNP China Enterprises Ltd – reports through this filing
Shares in two reports are counted once in each security's totals.
Holdings, Q2 2026
The small lines show how much was held over the last 4 quarters (adjusted for stock splits).
| Security | Value | Change |
|---|---|---|
| PDD HOLDINGS INC PDD | $865.7m72.31% | Unchanged |
| FUTU HLDGS LTD FUTU | $69.4m5.80% | Unchanged |
| PONY AI INC PONY | $52.4m4.38% | Unchanged |
| CIRCLE INTERNET GROUP INC CRCL | $41.9m3.50% | Unchanged |
| KE HLDGS INC BEKE | $28.2m2.35% | Unchanged |
| GYRE THERAPEUTICS INC GYRE | $24.7m2.06% | New |
| KANZHUN LIMITED BZ | $24.5m2.04% | Unchanged |
| ARRIVENT BIOPHARMA INC AVBP | $23.0m1.92% | Unchanged |
| DINGDONG CAYMAN LTD DDL | $19.5m1.63% | Unchanged |
| STRUCTURE THERAPEUTICS INC GPCR | $14.3m1.19% | Unchanged |
| 51TALK ONLINE EDUCATION GROU COE | $7.6m0.63% | Unchanged |
| LOTUS TECHNOLOGY INC LOT | $5.7m0.47% | Unchanged |
| ADAGENE INC ADAG | $5.6m0.47% | Unchanged |
| TH INTERNATIONAL LIMITED THCH | $5.5m0.46% | Unchanged |
| BITDEER TECHNOLOGIES GROUP BTDR | $4.7m0.39% | Unchanged |
| LYELL IMMUNOPHARMA INC LYEL | $2.1m0.18% | Unchanged |
| BIT MINING LIMITED SPON ADR | $1.1m0.09% | Unchanged |
| BARINTHUS BIOTHERAPEUTICS PL ADS | $937.5k0.08% | Unchanged |
| BURNING ROCK BIOTECH LTD BNR | $177.5k0.01% | Unchanged |
| YIMUTIAN INC SPONSORED ADS | $121.6k0.01% | New |
Sold out since Q1 2026
| Security | Value then |
|---|---|
| WEBULL CORP BULL | $55.2m7.1m shares |
| YIMUTIAN INC | $543.8k3.4m shares |
Stakes above 5%
Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.
| Company | Stake |
|---|---|
| YIMUTIAN INC 13G · filed 2025-11-14 | 17.1% |
| 51TALK ONLINE EDUCATION GROU COE · 13D · filed 2025-12-05 | 11.5% |
| AMBER INTL HLDG LTD AMBR · 13G · filed 2026-06-17 | 9.5% |
| PONY AI INC PONY · 13G · filed 2025-11-14 | 7.4% |
| YXT COM GROUP HLDG LTD 13G · filed 2025-02-14 | 5.0% |