# EDGAR Filing Document

**Accession Number:** 0001933132
**File Stem:** 0001933132-25-000013
**Filing Date:** 2025-11
**Character Count:** 18766
**Document Hash:** 4e2b5ad4bdacece7866c15b00e7d03ba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001933132-25-000013.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001933132-25-000013

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XY Capital Ltd
- **CENTRAL INDEX KEY:** 0001933132

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** K3
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22868
- **FILM NUMBER:** 251480709

**BUSINESS ADDRESS:**
- **STREET 1:** 17TH FLOOR, REGENT CENTRE
- **STREET 2:** 88 QUEEN'S ROAD CENTRAL
- **CITY:** CENTRAL
- **STATE:** K3
- **ZIP:** 0000
- **BUSINESS PHONE:** 852 3792 0975

**MAIL ADDRESS:**
- **STREET 1:** 17TH FLOOR, REGENT CENTRE
- **STREET 2:** 88 QUEEN'S ROAD CENTRAL
- **CITY:** CENTRAL
- **STATE:** K3
- **ZIP:** 0000

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** XY Capital Ltd<br>**Address:** 17TH FLOOR REGENT CENTRE<br>88 QUEEN'S ROAD CENTRAL<br>CENTRAL, K3 0000

**Form 13F File Number:** 028-22868

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Rodney Lloyd<br>**Title:** Compliance<br>**Phone:** 85237920974

**Signature, Place, and Date of Signing:**

Rodney Lloyd  Hong Kong, K3  09-30-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 157

**Form 13F Information Table Value Total:** $189923337

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 64710 | 417 | SH |  | SOLE |  | 417 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 310360 | 2000 | SH | Call | SOLE |  | 2000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 387950 | 2500 | SH | Put | SOLE |  | 2500 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 86776 | 246 | SH |  | SOLE |  | 246 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 211650 | 600 | SH | Call | SOLE |  | 600 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 246925 | 700 | SH | Put | SOLE |  | 700 | 0 | 0 |
| AEGON LTD | AMER REG 1 CERT | 0076CA104 |  | 5477529 | 685548 | SH |  | SOLE |  | 685548 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 386063 | 11738 | SH |  | SOLE |  | 11738 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 1192533 | 16005 | SH |  | SOLE |  | 16005 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 15227439 | 85198 | SH |  | SOLE |  | 85198 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 245045 | 1008 | SH |  | SOLE |  | 1008 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 534820 | 2200 | SH | Call | SOLE |  | 2200 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 656370 | 2700 | SH | Put | SOLE |  | 2700 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 275560 | 1255 | SH |  | SOLE |  | 1255 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 790452 | 3600 | SH | Call | SOLE |  | 3600 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 746538 | 3400 | SH | Put | SOLE |  | 3400 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1162560 | 3500 | SH | Call | SOLE |  | 3500 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 797184 | 2400 | SH | Put | SOLE |  | 2400 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 225760 | 800 | SH | Call | SOLE |  | 800 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 197540 | 700 | SH | Put | SOLE |  | 700 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 2203245 | 36961 | SH |  | SOLE |  | 36961 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1680558 | 6600 | SH | Call | SOLE |  | 6600 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1655095 | 6500 | SH | Put | SOLE |  | 6500 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 307110 | 1500 | SH | Call | SOLE |  | 1500 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 266162 | 1300 | SH | Put | SOLE |  | 1300 | 0 | 0 |
| ASCENTAGE PHARMA GROUP INTL | SPONSORED ADS | 04390B105 |  | 707405 | 18120 | SH |  | SOLE |  | 18120 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 2722269 | 2812 | SH |  | SOLE |  | 2812 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 2616820 | 19859 | SH |  | SOLE |  | 19859 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 995687 | 19300 | SH | Call | SOLE |  | 19300 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 593285 | 11500 | SH | Put | SOLE |  | 11500 | 0 | 0 |
| BEONE MEDICINES LTD | SPONSORED ADS | 07725L102 |  | 1194835 | 3507 | SH |  | SOLE |  | 3507 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1960686 | 3900 | SH | Call | SOLE |  | 3900 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2010960 | 4000 | SH | Put | SOLE |  | 4000 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 3278769 | 58812 | SH |  | SOLE |  | 58812 | 0 | 0 |
| BILIBILI INC | SPONS ADS REP Z | 090040106 |  | 4673614 | 166380 | SH |  | SOLE |  | 166380 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 71261 | 216 | SH |  | SOLE |  | 216 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 230937 | 700 | SH | Call | SOLE |  | 700 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 230937 | 700 | SH | Put | SOLE |  | 700 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1240590 | 2600 | SH | Call | SOLE |  | 2600 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 954300 | 2000 | SH | Put | SOLE |  | 2000 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 137550 | 500 | SH | Call | SOLE |  | 500 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 137551 | 500 | SH | Put | SOLE |  | 500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 36338 | 234 | SH |  | SOLE |  | 234 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 232935 | 1500 | SH | Call | SOLE |  | 1500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 201877 | 1300 | SH | Put | SOLE |  | 1300 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 15736 | 17 | SH |  | SOLE |  | 17 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 185126 | 200 | SH | Call | SOLE |  | 200 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 185126 | 200 | SH | Put | SOLE |  | 200 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 79932 | 163 | SH |  | SOLE |  | 163 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 147114 | 300 | SH | Put | SOLE |  | 300 | 0 | 0 |
| DR REDDYS LABS LTD | ADR | 256135203 |  | 308455 | 22064 | SH |  | SOLE |  | 22064 | 0 | 0 |
| ELEVRA LITHIUM LTD | SPONSORED ADS | 805700101 |  | 516431 | 21509 | SH |  | SOLE |  | 21509 | 0 | 0 |
| ENI S P A | SPONSORED ADR | 26874R108 |  | 459418 | 13145 | SH |  | SOLE |  | 13145 | 0 | 0 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 |  | 3221988 | 132157 | SH |  | SOLE |  | 132157 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 204225 | 1584 | SH |  | SOLE |  | 1584 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 348111 | 2700 | SH | Call | SOLE |  | 2700 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 412576 | 3200 | SH | Put | SOLE |  | 3200 | 0 | 0 |
| FRESENIUS MEDICAL CARE AG | SPONSORED ADR | 358029106 |  | 977975 | 37143 | SH |  | SOLE |  | 37143 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 3756261 | 97061 | SH |  | SOLE |  | 97061 | 0 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 2676102 | 68425 | SH |  | SOLE |  | 68425 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 1671141 | 48921 | SH |  | SOLE |  | 48921 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 241898 | 597 | SH |  | SOLE |  | 597 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 729342 | 1800 | SH | Call | SOLE |  | 1800 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 729342 | 1800 | SH | Put | SOLE |  | 1800 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 245022 | 1164 | SH |  | SOLE |  | 1164 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 736750 | 3500 | SH | Call | SOLE |  | 3500 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 905150 | 4300 | SH | Put | SOLE |  | 4300 | 0 | 0 |
| HUTCHMED CHINA LTD | SPONSORED ADS | 44842L103 |  | 830923 | 52757 | SH |  | SOLE |  | 52757 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 2397360 | 79304 | SH |  | SOLE |  | 79304 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 35899 | 378 | SH |  | SOLE |  | 378 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 85473 | 900 | SH | Call | SOLE |  | 900 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 113964 | 1200 | SH | Put | SOLE |  | 1200 | 0 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 2622240 | 100546 | SH |  | SOLE |  | 100546 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 65370 | 388 | SH |  | SOLE |  | 388 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 185328 | 1100 | SH | Call | SOLE |  | 1100 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 185328 | 1100 | SH | Put | SOLE |  | 1100 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 931128 | 3300 | SH | Call | SOLE |  | 3300 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 592536 | 2100 | SH | Put | SOLE |  | 2100 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 5960980 | 144895 | SH |  | SOLE |  | 144895 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 686054 | 3700 | SH | Call | SOLE |  | 3700 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 741680 | 4000 | SH | Put | SOLE |  | 4000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1892580 | 6000 | SH | Call | SOLE |  | 6000 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1230177 | 3900 | SH | Put | SOLE |  | 3900 | 0 | 0 |
| KE HLDGS INC | SPONSORED ADS | 482497104 |  | 9496732 | 499828 | SH |  | SOLE |  | 499828 | 0 | 0 |
| KINGSOFT CLOUD HLDGS LTD | ADS | 49639K101 |  | 164254 | 11009 | SH |  | SOLE |  | 11009 | 0 | 0 |
| KONINKLIJKE PHILIPS N V | NY REGIS SHS NEW | 500472303 |  | 1755898 | 64413 | SH |  | SOLE |  | 64413 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 2392628 | 94421 | SH |  | SOLE |  | 94421 | 0 | 0 |
| LIGHT  WONDER INC | COM | 80874P109 |  | 4883293 | 58176 | SH |  | SOLE |  | 58176 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 142344 | 800 | SH | Call | SOLE |  | 800 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 106758 | 600 | SH | Put | SOLE |  | 600 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 369158 | 649 | SH |  | SOLE |  | 649 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 682572 | 1200 | SH | Call | SOLE |  | 1200 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 796334 | 1400 | SH | Put | SOLE |  | 1400 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 159542 | 525 | SH |  | SOLE |  | 525 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 455835 | 1500 | SH | Call | SOLE |  | 1500 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 547002 | 1800 | SH | Put | SOLE |  | 1800 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 226611 | 2700 | SH | Call | SOLE |  | 2700 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 218218 | 2600 | SH | Put | SOLE |  | 2600 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 123376 | 168 | SH |  | SOLE |  | 168 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 293752 | 400 | SH | Call | SOLE |  | 400 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 293752 | 400 | SH | Put | SOLE |  | 400 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1605645 | 3100 | SH | Call | SOLE |  | 3100 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1657440 | 3200 | SH | Put | SOLE |  | 3200 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 1751232 | 109864 | SH |  | SOLE |  | 109864 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1096824 | 6900 | SH | Call | SOLE |  | 6900 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 858384 | 5400 | SH | Put | SOLE |  | 5400 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 80328 | 67 | SH |  | SOLE |  | 67 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 119892 | 100 | SH | Put | SOLE |  | 100 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 289598 | 8382 | SH |  | SOLE |  | 8382 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 690346 | 3700 | SH | Call | SOLE |  | 3700 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 746320 | 4000 | SH | Put | SOLE |  | 4000 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 3371 | 24 | SH |  | SOLE |  | 24 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 266836 | 1900 | SH | Call | SOLE |  | 1900 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 280880 | 2000 | SH | Put | SOLE |  | 2000 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 718814 | 6929 | SH |  | SOLE |  | 6929 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1016652 | 9800 | SH | Call | SOLE |  | 9800 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1462734 | 14100 | SH | Put | SOLE |  | 14100 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 52736 | 317 | SH |  | SOLE |  | 317 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 116452 | 700 | SH | Call | SOLE |  | 700 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 166360 | 1000 | SH | Put | SOLE |  | 1000 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 172062 | 726 | SH |  | SOLE |  | 726 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 165900 | 700 | SH | Call | SOLE |  | 700 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 331800 | 1400 | SH | Put | SOLE |  | 1400 | 0 | 0 |
| SANOFI SA | SPONSORED ADR | 80105N105 |  | 1603384 | 33970 | SH |  | SOLE |  | 33970 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 2034537 | 7614 | SH |  | SOLE |  | 7614 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 710276 | 13185 | SH |  | SOLE |  | 13185 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 4847010 | 10452 | SH |  | SOLE |  | 10452 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 6661800 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 11658150 | 17500 | SH | Put | SOLE |  | 17500 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 186120 | 2200 | SH | Call | SOLE |  | 2200 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 169200 | 2000 | SH | Put | SOLE |  | 2000 | 0 | 0 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 1163547 | 69507 | SH |  | SOLE |  | 69507 | 0 | 0 |
| SUPER HI INTL HLDG LTD | SPONSORED ADS | 86803S106 |  | 185670 | 10315 | SH |  | SOLE |  | 10315 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 215442 | 900 | SH | Call | SOLE |  | 900 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 239380 | 1000 | SH | Put | SOLE |  | 1000 | 0 | 0 |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 874060205 |  | 2928483 | 200033 | SH |  | SOLE |  | 200033 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2668 | 6 | SH |  | SOLE |  | 6 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 266832 | 600 | SH | Call | SOLE |  | 600 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 355776 | 800 | SH | Put | SOLE |  | 800 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 4512000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 863250 | 2500 | SH | Call | SOLE |  | 2500 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 517950 | 1500 | SH | Put | SOLE |  | 1500 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 662121 | 13700 | SH | Call | SOLE |  | 13700 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 507465 | 10500 | SH | Put | SOLE |  | 10500 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 418532 | 1226 | SH |  | SOLE |  | 1226 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 990002 | 2900 | SH | Call | SOLE |  | 2900 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1433796 | 4200 | SH | Put | SOLE |  | 4200 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 1267354 | 102206 | SH |  | SOLE |  | 102206 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 268224 | 3200 | SH | Call | SOLE |  | 3200 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 150876 | 1800 | SH | Put | SOLE |  | 1800 | 0 | 0 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 1300453 | 494469 | SH |  | SOLE |  | 494469 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 200436 | 13318 | SH |  | SOLE |  | 13318 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 11555 | 48 | SH |  | SOLE |  | 48 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 96292 | 400 | SH | Call | SOLE |  | 400 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 144438 | 600 | SH | Put | SOLE |  | 600 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 6549506 | 152598 | SH |  | SOLE |  | 152598 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 98980A105 |  | 3167366 | 164967 | SH |  | SOLE |  | 164967 | 0 | 0 |

---