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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   70,936,319 694,229 SH   DFND 1 694,229 0 0
AZURE PWR GLOBAL LTD SHS V0393H103   1,033,350 415,000 SH   DFND 1 415,000 0 0
CARVANA CO CL A 146869102   1,987,370 203,000 SH   DFND 1 203,000 0 0
CROCS INC COM 227046109   211,470,900 1,672,500 SH   DFND 1 1,672,500 0 0
DOORDASH INC CL A 25809K105   22,690,920 357,000 SH   DFND 1 357,000 0 0
H WORLD GROUP LTD SPONSORED ADS 44332N106   15,232,780 311,000 SH   DFND 1 311,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   91,340,483 3,093,142 SH   DFND 1 3,093,142 0 0
JD.COM INC SPON ADR CL A 47215P106   58,429,748 1,331,277 SH   DFND 1 1,331,277 0 0
KE HLDGS INC SPONSORED ADS 482497104   16,485,000 875,000 SH   DFND 1 875,000 0 0
LAS VEGAS SANDS CORP COM 517834107   61,673,437 1,073,515 SH   DFND 1 1,073,515 0 0
SKECHERS U S A INC CL A 830566105   59,562,423 1,253,418 SH   DFND 1 1,253,418 0 0
SPDR SER TR S&P HOMEBUILD 78464A888   103,130,720 1,522,000 SH Put DFND 1 0 0 1,522,000
SPDR SER TR S&P METALS MNG 78464A755   196,692,000 3,700,000 SH Put DFND 1 0 0 3,700,000
YUM CHINA HLDGS INC COM 98850P109   88,722,102 1,399,623 SH   DFND 1 1,399,623 0 0