TB Alternative Assets Ltd. Buys Alibaba Group Holding, Baozun Inc, Amazon.com Inc, Sells NetEase Inc, JD.com Inc, Ctrip.com International

• New Purchases: BABA, BZUN, FB, AMD, VIPS, PYPL,
• Added Positions: AMZN, VRX, SNAP, TSLA, M,
• Reduced Positions: JD, TAL, GILD, EDU,
• Sold Out: NTES, CTRP, CMCM, NKE, YELP, X, UA, GOOG, TWTR, LULU,

For the details of TB Alternative Assets Ltd.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=TB+Alternative+Assets+Ltd.

1. TAL Education Group (TAL) - 2,836,432 shares, 34.42% of the total portfolio. Shares reduced by 9.27%
2. Alibaba Group Holding Ltd (BABA) - 397,100 shares, 24.69% of the total portfolio. New Position
3. Baozun Inc (BZUN) - 1,367,839 shares, 16.13% of the total portfolio. New Position
4. JD.com Inc (JD) - 462,800 shares, 6.36% of the total portfolio. Shares reduced by 64.13%
5. New Oriental Education & Technology Group Inc (EDU) - 184,778 shares, 5.87% of the total portfolio. Shares reduced by 5.86%

TB Alternative Assets Ltd. initiated holdings in Alibaba Group Holding Ltd. The purchase prices were between $140.99 and $180.07, with an estimated average price of $161.93. The stock is now traded at around $179.56. The impact to the portfolio due to this purchase was 24.69%. The holdings were 397,100 shares as of 2017-09-30.

TB Alternative Assets Ltd. initiated holdings in Baozun Inc. The purchase prices were between $22.53 and $40.09, with an estimated average price of $31.46. The stock is now traded at around $36.69. The impact to the portfolio due to this purchase was 16.13%. The holdings were 1,367,839 shares as of 2017-09-30.

TB Alternative Assets Ltd. initiated holdings in Facebook Inc. The purchase prices were between $148.43 and $173.51, with an estimated average price of $166.52. The stock is now traded at around $174.52. The impact to the portfolio due to this purchase was 0.56%. The holdings were 9,100 shares as of 2017-09-30.

TB Alternative Assets Ltd. initiated holdings in Advanced Micro Devices Inc. The purchase prices were between $12.05 and $14.76, with an estimated average price of $13.04. The stock is now traded at around $14.26. The impact to the portfolio due to this purchase was 0.34%. The holdings were 75,000 shares as of 2017-09-30.

TB Alternative Assets Ltd. initiated holdings in Vipshop Holdings Ltd. The purchase prices were between $8.88 and $12.31, with an estimated average price of $10.43. The stock is now traded at around $8.34. The impact to the portfolio due to this purchase was 0.31%. The holdings were 99,300 shares as of 2017-09-30.

TB Alternative Assets Ltd. initiated holdings in PayPal Holdings Inc. The purchase prices were between $52.87 and $65.08, with an estimated average price of $59.73. The stock is now traded at around $67.31. The impact to the portfolio due to this purchase was 0.29%. The holdings were 12,600 shares as of 2017-09-30.

TB Alternative Assets Ltd. added to the holdings in Amazon.com Inc by 244.12%. The purchase prices were between $938.6 and $1052.8, with an estimated average price of $981.92. The stock is now traded at around $1006.34. The impact to the portfolio due to this purchase was 2.87%. The holdings were 11,700 shares as of 2017-09-30.

TB Alternative Assets Ltd. added to the holdings in Valeant Pharmaceuticals International Inc by 140.45%. The purchase prices were between $13.1 and $17.77, with an estimated average price of $15.12. The stock is now traded at around $12.92. The impact to the portfolio due to this purchase was 1.79%. The holdings were 593,200 shares as of 2017-09-30.

TB Alternative Assets Ltd. added to the holdings in Snap Inc by 15637.50%. The purchase prices were between $11.83 and $17.59, with an estimated average price of $14.52. The stock is now traded at around $16.07. The impact to the portfolio due to this purchase was 1.31%. The holdings were 251,800 shares as of 2017-09-30.

TB Alternative Assets Ltd. added to the holdings in Tesla Inc by 63.24%. The purchase prices were between $308.83 and $385, with an estimated average price of $346.27. The stock is now traded at around $350.60. The impact to the portfolio due to this purchase was 0.53%. The holdings were 11,100 shares as of 2017-09-30.

TB Alternative Assets Ltd. added to the holdings in Macy's Inc by 71.13%. The purchase prices were between $19.49 and $24.2, with an estimated average price of $22.01. The stock is now traded at around $19.89. The impact to the portfolio due to this purchase was 0.26%. The holdings were 80,600 shares as of 2017-09-30.

TB Alternative Assets Ltd. sold out the holdings in NetEase Inc. The sale prices were between $257.35 and $315.05, with an estimated average price of $287.67.

TB Alternative Assets Ltd. sold out the holdings in Ctrip.com International Ltd. The sale prices were between $49.19 and $59.73, with an estimated average price of $54.32.

TB Alternative Assets Ltd. sold out the holdings in Cheetah Mobile Inc. The sale prices were between $8.41 and $12.06, with an estimated average price of $10.2.

TB Alternative Assets Ltd. sold out the holdings in Nike Inc. The sale prices were between $51.85 and $60.14, with an estimated average price of $56.13.

TB Alternative Assets Ltd. sold out the holdings in Yelp Inc. The sale prices were between $29.33 and $44.17, with an estimated average price of $38.37.

TB Alternative Assets Ltd. sold out the holdings in United States Steel Corp. The sale prices were between $21.45 and $27.68, with an estimated average price of $24.48.