HCEP Management Ltd

Q3 2025 13F Holdings Report, Stock Holdings

Signature - Title
Cao Fang - Director
Location
Hong Kong, Hong Kong
Holdings as of
30 Sep 2025
Value $
$176M
Num holdings
10
Filing time
13 Nov 2025, 08:05:32
Form type
13F-HR
Description
All US holdings of this investor are reported in this report. Top holdings included BABA, MNSO, SNPS, TAL, and QFIN.
Previous filing
Q2 2025 - 13 Aug 2025
Sym Weight Trade Impact Company Class Shares Change Activity Value Change $ Value $ * Price $ Shares Principal
Filing 2025 Q3 compared to 2025 Q2 by default.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Cao Fang Director Hong Kong, Hong Kong 13 Nov 2025