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Greenwoods Asset Management Hong Kong Ltd.

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13F filer, CIK 1848138, HONG KONG, Hong Kong

Greenwoods Asset Management Hong Kong Ltd. reported $2,873,618,968 across 28 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-08. Its ten largest share positions make up 88.19% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001848138-25-000008

Period
2025-06-30
Reported value
$2.87B
Holdings
28
Top 10 weight
88.19%
New
3
Sold out
6

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NVDAnew+630,440$99.6M
YMMadded+2,799,386$33.1M
QFINadded+606,446$26.3M
GOOGLadded+138,952$24.5M
METAadded+22,065$16.3M

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
TSMreduced-1,443,293-$327M
AAPLexited-782,255-$174M
PDDreduced-1,415,680-$148M
ZTOexited-6,557,350-$130M
NBISreduced-941,711-$52.1M

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, Q2 2025

Share positions as resolved from 13F-HR 0001848138-25-000008, largest first. % of portfolio is the value over $2,873,618,968, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 863,521 shares; 2024Q4: 878,964 shares; 2025Q1: 969,277 shares; 2025Q2: 991,342 shares 991,342$732M25.46%+22,065Timeline
NTESNETEASE COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,278,597 shares; 2024Q4: 3,632,870 shares; 2025Q1: 3,575,098 shares; 2025Q2: 3,486,000 shares 3,486,000$469M16.33%-89,098Timeline
YMMFULL TRUCK ALLIANCE CO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,217,383 shares; 2024Q4: 26,019,803 shares; 2025Q1: 25,995,141 shares; 2025Q2: 28,794,527 shares 28,794,527$340M11.83%+2,799,386Timeline
PDDPDD HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,517,786 shares; 2024Q4: 4,635,519 shares; 2025Q1: 4,635,519 shares; 2025Q2: 3,219,839 shares 3,219,839$337M11.73%-1,415,680Timeline
FUTUFUTU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,884,567 shares; 2024Q4: 1,282,934 shares; 2025Q1: 1,901,635 shares; 2025Q2: 1,531,389 shares 1,531,389$189M6.59%-370,246Timeline
QFINQFIN HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,417,122 shares; 2024Q4: 2,688,992 shares; 2025Q1: 2,688,992 shares; 2025Q2: 3,295,438 shares 3,295,438$143M4.97%+606,446Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,111 shares; 2024Q4: 37,776 shares; 2025Q1: not reported; 2025Q2: 630,440 shares 630,440$99.6M3.47%newTimeline
BEKEKE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 960,722 shares; 2024Q4: 543,800 shares; 2025Q1: 4,771,806 shares; 2025Q2: 4,640,706 shares 4,640,706$82.3M2.86%-131,100Timeline
EDUNEW ORIENTAL ED & TECHNOLOGYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,810,734 shares; 2024Q4: 1,228,318 shares; 2025Q1: 1,396,039 shares; 2025Q2: 1,328,218 shares 1,328,218$71.7M2.49%-67,821Timeline
NBISNEBIUS GROUP N.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,159,776 shares; 2025Q1: 2,218,014 shares; 2025Q2: 1,276,303 shares 1,276,303$70.6M2.46%-941,711Timeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 246,016 shares; 2024Q4: not reported; 2025Q1: 601,142 shares; 2025Q2: 465,000 shares 465,000$52.7M1.84%-136,142Timeline
INTCINTEL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,179,995 shares; 2025Q2: 2,035,073 shares 2,035,073$45.6M1.59%-144,922Timeline
DQDAQO NEW ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,399 shares; 2024Q4: 2,714,780 shares; 2025Q1: 2,672,161 shares; 2025Q2: 2,672,161 shares 2,672,161$40.5M1.41%0Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,605 shares; 2024Q4: 501,299 shares; 2025Q1: 45,990 shares; 2025Q2: 184,942 shares 184,942$32.6M1.13%+138,952Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,722,314 shares; 2024Q4: 1,244,950 shares; 2025Q1: 1,574,557 shares; 2025Q2: 131,264 shares 131,264$29.7M1.03%-1,443,293Timeline
SESEA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 86,500 shares; 2024Q4: 212,569 shares; 2025Q1: 90,734 shares; 2025Q2: 179,759 shares 179,759$28.8M1%+89,025Timeline
TALTAL ED GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,320,955 shares; 2024Q4: 3,320,955 shares; 2025Q1: 2,448,817 shares; 2025Q2: 2,671,361 shares 2,671,361$27.3M0.95%+222,544Timeline
TCOMTRIP COM GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 231,565 shares; 2024Q4: 175,236 shares; 2025Q1: 383,543 shares; 2025Q2: 377,500 shares 377,500$22.1M0.77%-6,043Timeline
JKSJINKOSOLAR HLDG CO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 569,933 shares; 2024Q4: 569,933 shares; 2025Q1: 780,933 shares; 2025Q2: 780,933 shares 780,933$16.6M0.58%0Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 117,401 shares; 2024Q4: 177,933 shares; 2025Q1: 28,650 shares; 2025Q2: 28,650 shares 28,650$14.3M0.5%0Timeline
ATATATOUR LIFESTYLE HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 210,700 shares 210,700$6.85M0.24%newTimeline
HTHTH WORLD GROUP LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 176,800 shares 176,800$6M0.21%newTimeline
HDLSUPER HI INTL HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 275,300 shares; 2024Q4: 275,300 shares; 2025Q1: 268,341 shares; 2025Q2: 268,341 shares 268,341$5.24M0.18%0Timeline
ONCBEONE MEDICINES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,658 shares; 2024Q4: 30,658 shares; 2025Q1: 9,329 shares; 2025Q2: 15,502 shares 15,502$3.75M0.13%+6,173Timeline
CSIQCANADIAN SOLAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 695,861 shares; 2025Q1: 1,115,861 shares; 2025Q2: 335,183 shares 335,183$3.7M0.13%-780,678Timeline
REREATRENEW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 525,000 shares; 2024Q4: 525,000 shares; 2025Q1: 525,000 shares; 2025Q2: 525,000 shares 525,000$1.74M0.06%0Timeline
FWONKLIBERTY MEDIA CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 398,593 shares; 2025Q1: 122,645 shares; 2025Q2: 9,680 shares 9,680$1.01M0.04%-112,965Timeline
HSAIHESAI GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 748,553 shares; 2025Q2: 40,291 shares 40,291$884K0.03%-708,262Timeline

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
AAPLAPPLE INC782,255$174Mshares
ZTOZTO EXPRESS CAYMAN INC6,557,350$130Mshares
LEGNLEGEND BIOTECH CORP90,109$3.06Mshares
REGNREGENERON PHARMACEUTICALS4,750$3.01Mshares
UNHUNITEDHEALTH GROUP INC4,338$2.27Mshares
PFEPFIZER INC74,200$1.88Mshares

How Q2 2025 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 0001848138-25-000008 base2025-08-08acceptance time not in the bulk data set