The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
Estimated average burden
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
21VIANET GROUP INC SPONSORED ADR 90138A103 2,969 126,230 SH   DFND 1 0 126,230 0
APPLE INC COM 037833100 1 1 SH   DFND 1 0 1 0
APPLIED MATLS INC COM 038222105 0 1 SH   DFND 1 0 1 0
AUTOHOME INC SP ADR RP CL A 05278C107 1,006 27,500 SH   DFND 1 0 27,500 0
BAIDU INC SPON ADR REP A 056752108 89 500 SH   DFND 1 0 500 0
BITAUTO HLDGS LTD SPONSORED ADS 091727107 5,593 175,000 SH   DFND 1 0 175,000 0
CHINA LODGING GROUP LTD SPONSORED ADR 16949N109 204 6,700 SH   DFND 1 0 6,700 0
CITIGROUP INC COM NEW 172967424 2,606 50,000 SH   DFND 1 0 50,000 0
E HOUSE CHINA HLDGS LTD ADR 26852W103 78,586 5,211,265 SH   DFND 1 0 5,211,265 0
HIMAX TECHNOLOGIES INC SPONSORED ADR 43289P106 1,397 95,000 SH   DFND 1 0 95,000 0
HOME INNS & HOTELS MGMT INC SPON ADR 43713W107 7,018 160,805 SH   DFND 1 0 160,805 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 12,892 440,000 SH   DFND 1 0 440,000 0
MASTERCARD INC CL A 57636Q104 4,136 4,951 SH   DFND 1 0 4,951 0
MELCO CROWN ENTMT LTD ADR 585464100 6,471 165,001 SH   DFND 1 0 165,001 0
MICRON TECHNOLOGY INC COM 595112103 1,393 64,000 SH   DFND 1 0 64,000 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,012 11,500 SH   DFND 1 0 11,500 0
QIHOO 360 TECHNOLOGY CO LTD ADS 74734M109 41 500 SH   DFND 1 0 500 0
SOUFUN HLDGS LTD ADR 836034108 9,972 121,000 SH   DFND 1 0 121,000 0
SUNGY MOBILE LTD ADR REP ORD A 86737M100 1,232 60,000 SH   DFND 1 0 60,000 0
TESORO CORP COM 881609101 146 2,500 SH   DFND 1 0 2,500 0
VISA INC COM CL A 92826C839 10,377 46,601 SH   DFND 1 0 46,601 0
YUM BRANDS INC COM 988498101 491 6,500 SH   DFND 1 0 6,500 0
YY INC ADS REPCOM CLA 98426T106 25 500 SH   DFND 1 0 500 0