Polunin Capital Partners Ltd Q4 2025 Filing

Filed January 20, 2026

Portfolio Value

$649.1M

Holdings

24

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (24 positions)

#StockSharesValue% PortfolioType
1
BABAALIBABA GROUP HLDG LTD
1,383,722$228.9M35.26%
2
BIDUNBAIDU INC
413,496$61.8M9.53%
3
JDJD.COM INC
1,947,668$56.3M8.67%
4
STNESTONECO LTD
3,356,763$48.6M7.49%
5
PAGSPAGSEGURO DIGITAL LTD
4,450,160$44.9M6.91%
6
CSIQCANADIAN SOLAR INC
2,009,769$43.7M6.73%
7
DQDAQO NEW ENERGY CORP
1,458,705$36.7M5.66%
8
YMMFULL TRUCK ALLIANCE CO LTD
3,152,133$31.1M4.79%
9
ATHMAUTOHOME INC
1,143,866$26.4M4.07%
10
BVNCOMPANIA DE MINAS BUENAVENTU
540,381$18.7M2.89%
11
JOYYJOYY INC
151,493$10.5M1.62%
12
HUYAHUYA INC
2,719,977$10.1M1.55%
13
CGCENTERRA GOLD INC
491,629$8.2M1.26%
14
HIMXHIMAX TECHNOLOGIES INC
706,750$6.1M0.94%
15
MOMOHELLO GROUP INC
853,219$6.0M0.92%
16
GAUGALIANO GOLD INC
1,860,217$5.2M0.80%
17
DOYUDOUYU INTL HLDGS LTD
277,828$1.9M0.29%
18
MXMAGNACHIP SEMICONDUCTOR CORP
335,148$1.0M0.16%
19
CANCANAAN INC
1,194,556$942K0.15%
20
ASHRDBX ETF TR
23,183$778K0.12%
21
KWEBKRANESHARES TRUST
19,226$687K0.11%
22
HTTHIGH TEMPLAR TECHNOLOGY LTD
112,803$342K0.05%
23
BZUNBAOZUN INC
60,222$168K0.03%
24
LULUFAX HOLDING LTD
41,924$110K0.02%