Perseverance Asset Management International

CIK: 0001802695SEC EDGAR →

Portfolio Value

$682.5M

Holdings

13

As of

Q4 2025

New Positions

6

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

H WORLD GROUP LTD

5,172,370$243.4M
35.65%
2

PDD HOLDINGS INC

1,962,092$222.5M
32.60%
3

ALPHABET INC

300,000$94.1M
13.79%
4

YUM CHINA HLDGS INC

713,999$34.1M
4.99%
5

KE HLDGS INC

1,155,439$18.2M
2.67%
6

RLX TECHNOLOGY INC

7,790,928$18.2M
2.66%
7

NETEASE INC

110,000$15.1M
2.22%
8

IQIYI INC

6,800,000$13.1M
1.91%
9

TAIWAN SEMICONDUCTOR MFG LTD

28,734$8.7M
1.28%
10

ISHARES TR

59,100$5.2M
0.75%

Quarterly Changes

Top Buys

PDD↑ Increased
$46.3M
TSM↑ Increased
$7.9M
BEKE↑ Increased
$5.7M
APINEW
$2.8M
YSGNEW
$2.1M

Top Sells

HTHT↓ Decreased
$39.9M
ASCLOSED
$18.9M
GOOSCLOSED
$3.0M
NTES↓ Decreased
$1.9M
SMMTCLOSED
$1.2M

New Positions (2)

$2.8M · 700K shares
$2.1M · 530K shares

Closed Positions (4)

$18.9M · 543K shares
$3.0M · 220K shares
$1.2M · 60K shares
$450K · 98K shares

Sector Breakdown

Sector# HoldingsValue%
Consumer Cyclical4$502.0M73.5%
Communication Services2$107.2M15.7%
Technology3$26.7M3.9%
Real Estate1$18.2M2.7%
Consumer Defensive1$18.2M2.7%
Financial Services1$5.2M0.8%
Industrials1$5.1M0.8%