First Beijing Investment Ltd Portfolio Stock Holdings

First Beijing Investment Ltd disclosed 12 stock positions valued at approximately $2.3 billion in its latest SEC 13F filing. The largest holdings include PDD HOLDINGS INC, FULL TRUCK ALLIANCE CO LTD, and NEW ORIENTAL ED & TECHNOLOGY. The filing reflects positions held as of March 31, 2026 and was filed on May 13, 2026.

Report Period
March 31, 2026
No. of Stocks
12
Portfolio Value
$2.3B
Holdings by Sector
First Beijing Investment Ltd Portfolio Holdings in Q1 2026

12 holdings in the latest reporting period.

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CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
PDD HOLDINGS INCPDDConsumer Cyclical35.91%8,149,162+1,366,207+20.14%$832,681,373
FULL TRUCK ALLIANCE CO LTDYMMTechnology32.22%90,000,895+13,384,327+17.47%$747,007,429
NEW ORIENTAL ED & TECHNOLOGYEDUConsumer Defensive21.97%8,995,258-1,110,707-10.99%$509,401,461
RLX TECHNOLOGY INCRLXConsumer Defensive5.71%60,129,671-2,734,753-4.35%$132,285,276
LEGEND BIOTECH CORPLEGNHealthcare1.79%2,296,335+2,296,335+100.00%$41,540,700
KASPI KZ JSCKSPITechnology1.39%434,350+321,962+286.47%$32,172,305
SEA LTDSEConsumer Cyclical0.75%208,963+208,963+100.00%$17,304,226
DINGDONG CAYMAN LTDDDLConsumer Defensive0.09%845,952+845,952+100.00%$2,174,097
ZHIHU INCZHCommunication Services0.07%551,048+551,048+100.00%$1,564,976
NOAH HLDGS LTDNOAHFinancial Services0.06%135,988-256,539-65.36%$1,346,281
BAOZUN INCBZUNConsumer Cyclical0.05%444,328+444,328+100.00%$1,061,944
AGORA INCAPITechnology0.00%7,700-2,200-22.22%$27,258