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First Beijing Investment Ltd

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13F filer, CIK 1701717, HONG KONG, Hong Kong

First Beijing Investment Ltd reported $1,408,672,655 across 12 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-14. Its ten largest share positions make up 99.55% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001701717-25-000002

Period
2024-12-31
Reported value
$1.41B
Holdings
12
Top 10 weight
99.55%
New
2
Sold out
3

Largest buys vs the previous quarter

SecurityShares changeApprox. value
YMMadded+17,500,819$189M
VIPSadded+2,197,488$29.6M
PDDadded+211,090$20.5M
EDUnew+260,097$16.7M
LXnew+824,475$4.78M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
BILIreduced-2,103,222-$38.1M
DASHexited-178,869-$25.5M
QFINexited-763,509-$22.8M
RLXreduced-5,065,363-$10.9M
MOMOreduced-1,293,724-$9.97M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0001701717-25-000002, largest first. % of portfolio is the value over $1,408,672,655, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
PDDPDD HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,554,719 shares; 2024Q4: 3,765,809 shares 3,765,809$365M25.93%+211,090Timeline
YMMFULL TRUCK ALLIANCE CO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,740,729 shares; 2024Q4: 31,241,548 shares 31,241,548$338M24%+17,500,819Timeline
SESEA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,537,398 shares; 2024Q4: 2,557,398 shares 2,557,398$271M19.26%+20,000Timeline
ATATATOUR LIFESTYLE HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,639,562 shares; 2024Q4: 5,431,906 shares 5,431,906$146M10.37%-207,656Timeline
VIPSVIPSHOP HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,640,288 shares; 2024Q4: 9,837,776 shares 9,837,776$133M9.41%+2,197,488Timeline
RLXRLX TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,440,248 shares; 2024Q4: 23,374,885 shares 23,374,885$50.5M3.58%-5,065,363Timeline
BILIBILIBILI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,793,582 shares; 2024Q4: 1,690,360 shares 1,690,360$30.6M2.17%-2,103,222Timeline
LILI AUTO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,254,400 shares; 2024Q4: 1,254,400 shares 1,254,400$30.1M2.14%0Timeline
MOMOHELLO GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,043,817 shares; 2024Q4: 2,750,093 shares 2,750,093$21.2M1.51%-1,293,724Timeline
EDUNEW ORIENTAL ED & TECHNOLOGYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 260,097 shares 260,097$16.7M1.19%newTimeline
LXLEXINFINTECH HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 824,475 shares 824,475$4.78M0.34%newTimeline
NOAHNOAH HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 124,149 shares; 2024Q4: 136,733 shares 136,733$1.6M0.11%+12,584Timeline

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
DASHDOORDASH INC178,869$25.5Mshares
QFINQFIN HOLDINGS INC763,509$22.8Mshares
ZEEKR INTELLIGENT TECHNOLOGYZEEKR INTELLIGENT TECHNOLOGY12,982$289Kshares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001701717-25-000002 base2025-02-14acceptance time not in the bulk data set