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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | NETEASE COM INC | $40.3M | 359675 | 21.61% |
| 2 | PDD HOLDINGS INC | $39.1M | 383100 | 21.01% |
| 3 | ATOUR LIFESTYLE HLDGS LTD | $33.2M | 900600 | 17.79% |
| 4 | SILVERCORP METALS INC | $23.8M | 2219100 | 12.79% |
| 5 | ACM RESH INC | $23.6M | 599200 | 12.66% |
| 6 | CHINA YUCHAI INTL LTD | $12.4M | 322913 | 6.67% |
| 7 | NEW ORIENTAL ED & TECHNOLOGY | $4.1M | 73048 | 2.22% |
| 8 | NU HLDGS LTD | $3.8M | 266300 | 2.05% |
| 9 | PETROLEO BRASILEIRO S A | $2.8M | 149400 | 1.50% |
| 10 | ANGLOGOLD ASHANTI PLC | $1.9M | 19900 | 1.04% |
| 11 | SEA LTD | $1.2M | 14700 | 0.65% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.