Perseverance Asset Management International

GEORGE TOWN, E9 · CIK 1802695 · 13F filing filed 2026-08-12

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.

Kindhedge funds
Others nearbySingapore, George Town
FamilyPerseverance Asset Management International · 2 related pages

$977.3m reported value +7.5% vs Q1 2026

18positions

95.6%in top 10

3 new 9 added 4 reduced 6 sold out vs Q1 2026

Options: 0 call positions (— notional), 1 put positions ($1.7m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

Perseverance Asset Management International (Singapore) Pte. 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	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	498,500	$238.1m24.36%	24.36%	Added +52.0k	+51,995 11.6%
2	H WORLD GROUP LTD SPONSORED ADS HTHT	HTHT	4,035,321	$168.4m17.23%	17.23%	Added +153.3k	+153,285 4.0%
3	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	2,163,479	$165.0m16.89%	16.89%	Added +1.8k	+1,803 0.1%
4	KANZHUN LIMITED SPONSORED ADS BZ	BZ	11,798,246	$151.8m15.54%	15.54%	Added +7.5m	+7,510,681 175.2%
5	TRIP COM GROUP LTD ADS TCOM	TCOM	1,034,085	$41.2m4.22%	4.22%	Added +359.1k	+359,086 53.2%
6	MICRON TECHNOLOGY INC COM MU	MU	34,417	$39.7m4.06%	4.06%	Added +25.4k	+25,442 283.5%
7	SANDISK CORP COM SNDK	SNDK	16,000	$36.4m3.72%	3.72%	Added +10.5k	+10,521 192.0%
8	ALPHABET INC CAP STK CL C GOOG	GOOG	100,000	$35.3m3.62%	3.62%	Unchanged
9	YUM CHINA HLDGS INC COM YUMC	YUMC	837,114	$34.2m3.50%	3.50%	Added +123.1k	+123,115 17.2%
10	KE HLDGS INC SPONSORED ADS BEKE	BEKE	1,652,669	$24.0m2.46%	2.46%	Added +261.2k	+261,230 18.8%
11	NVIDIA CORPORATION COM NVDA	NVDA	80,000	$16.0m1.64%	1.64%	Reduced -210.0k	-210,000 -72.4%
12	RLX TECHNOLOGY INC SPONSORED ADS RLX	RLX	7,360,737	$14.0m1.43%	1.43%	Reduced -135.1k	-135,125 -1.8%
13	NETEASE INC SPONSORED ADS NTES	NTES	40,000	$5.1m0.52%	0.52%	Reduced -130.0k	-130,000 -76.5%
14	IQIYI INC SPONSORED ADS IQ	IQ	3,900,000	$4.1m0.42%	0.42%	Reduced -900.0k	-900,000 -18.8%
15	YATSEN HLDG LTD SPONSORED ADS YSG	YSG	529,993	$1.7m0.17%	0.17%	Unchanged
16	WERIDE INC SPONSORED ADS WRD	WRD	260,000	$1.5m0.15%	0.15%	New
17	VISA INC COM CL A V	V	1,419	$486.8k0.05%	0.05%	New
18	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	3,399	$326.2k0.03%	0.03%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
FUTU HLDGS LTD FUTU	FUTU	150,000	$20.5m150.0k shares
LUMENTUM HLDGS INC LITE	LITE	25,000	$17.6m25.0k shares
XPENG INC XPEV	XPEV	800,000	$13.7m800.0k shares
MOSAIC CO NEW MOS	MOS	300,000	$7.7m300.0k shares
ADVANCED MICRO DEVICES INC AMD	AMD	30,000	$6.1m30.0k shares
NIO INC NIO	NIO	72,094	$434.7k72.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
VERTIV HOLDINGS CO VRT · Put	VRT	Put	5,000	$1.7m5.0k shares	New