First Beijing Investment Ltd
CIK: 0001701717SEC EDGAR →
Portfolio Value
$2.5B
Holdings
8
As of
Q4 2025
New Positions
1
Closed Positions
1
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | FULL TRUCK ALLIANCE CO LTD | 76,616,568 | $822.1M | 32.42% |
| 2 | PDD HOLDINGS INC | 6,782,955 | $769.1M | 30.33% |
| 3 | NEW ORIENTAL ED & TECHNOLOGY | 10,105,965 | $556.1M | 21.93% |
| 4 | ATOUR LIFESTYLE HOLDINGS LTD | 5,811,104 | $229.0M | 9.03% |
| 5 | RLX TECHNOLOGY INC | 62,864,424 | $146.5M | 5.78% |
| 6 | KASPI KZ JSC | 112,388 | $8.8M | 0.35% |
| 7 | NOAH HLDGS LTD | 392,527 | $3.9M | 0.16% |
| 8 | AGORA INC | 9,900 | $40K | 0.00% |
Quarterly Changes
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Consumer Cyclical | 2 | $998.1M | 39.4% |
| Technology | 3 | $830.9M | 32.8% |
| Unknown | 1 | $556.1M | 21.9% |
| Consumer Defensive | 1 | $146.5M | 5.8% |
| Financial Services | 1 | $3.9M | 0.2% |