TB Alternative Assets Ltd. Buys JOYY Inc, Tencent Music Entertainment Group, JD.com Inc, Sells JOYY Inc, Alibaba Group Holding, NIO Inc

• New Purchases: YY, TME, JD, NTES, SNAP, EDU, GE, AAPL, DIS, BA, GDS, DB, GOOG, TSLA, BKNG, TWTR, FCX, VALE, MAR, SLG, LK, CYH, Z,
• Added Positions: VIPS, PINS, FB, WUBA, XLE, UA,
• Reduced Positions: BABA, NIO, BILI, TAL, ZTO, IQ, WB, M, SINA,
• Sold Out: 0YYA, XOP, YELP, SBUX, HAL, OIH,

For the details of TB Alternative Assets Ltd.'s stock buys and sells, go to https://www.gurufocus.com/guru/tb+alternative+assets+ltd./current-portfolio/portfolio

1. JOYY Inc (YY) - 1,056,857 shares, 13.62% of the total portfolio. New Position
2. Yunji Inc (YJ) - 12,260,798 shares, 10.86% of the total portfolio. Shares reduced by 0.4%
3. Vipshop Holdings Ltd (VIPS) - 2,869,133 shares, 10.82% of the total portfolio. Shares added by 62.47%
4. Alibaba Group Holding Ltd (BABA) - 229,092 shares, 10.78% of the total portfolio. Shares reduced by 44.64%
5. iQIYI Inc (IQ) - 1,362,183 shares, 5.87% of the total portfolio. Shares reduced by 24.53%

TB Alternative Assets Ltd. initiated holding in JOYY Inc. The purchase prices were between $42.01 and $66.83, with an estimated average price of $58.14. The stock is now traded at around $60.13. The impact to a portfolio due to this purchase was 13.62%. The holding were 1,056,857 shares as of .

TB Alternative Assets Ltd. initiated holding in Tencent Music Entertainment Group. The purchase prices were between $9.45 and $14.08, with an estimated average price of $12.34. The stock is now traded at around $10.94. The impact to a portfolio due to this purchase was 5.72%. The holding were 2,350,300 shares as of .

TB Alternative Assets Ltd. initiated holding in JD.com Inc. The purchase prices were between $35.23 and $44.62, with an estimated average price of $39.92. The stock is now traded at around $44.94. The impact to a portfolio due to this purchase was 4.44%. The holding were 453,200 shares as of .

TB Alternative Assets Ltd. initiated holding in NetEase Inc. The purchase prices were between $270.43 and $356.78, with an estimated average price of $329.24. The stock is now traded at around $342.86. The impact to a portfolio due to this purchase was 2.73%. The holding were 35,100 shares as of .

TB Alternative Assets Ltd. initiated holding in Snap Inc. The purchase prices were between $8.37 and $19.25, with an estimated average price of $15.46. The stock is now traded at around $16.06. The impact to a portfolio due to this purchase was 0.9%. The holding were 312,600 shares as of .

TB Alternative Assets Ltd. initiated holding in New Oriental Education & Technology Group Inc. The purchase prices were between $103.85 and $141.76, with an estimated average price of $128.59. The stock is now traded at around $110.69. The impact to a portfolio due to this purchase was 0.9%. The holding were 34,200 shares as of .

TB Alternative Assets Ltd. added to a holding in Vipshop Holdings Ltd by 62.47%. The purchase prices were between $12.25 and $17.13, with an estimated average price of $14.22. The stock is now traded at around $16.21. The impact to a portfolio due to this purchase was 4.16%. The holding were 2,869,133 shares as of .

TB Alternative Assets Ltd. added to a holding in Pinterest Inc by 650.00%. The purchase prices were between $10.92 and $25.2, with an estimated average price of $19.57. The stock is now traded at around $18.85. The impact to a portfolio due to this purchase was 0.7%. The holding were 216,000 shares as of .

TB Alternative Assets Ltd. added to a holding in Facebook Inc by 135.48%. The purchase prices were between $146.01 and $223.23, with an estimated average price of $196.62. The stock is now traded at around $185.13. The impact to a portfolio due to this purchase was 0.68%. The holding were 29,200 shares as of .

TB Alternative Assets Ltd. added to a holding in 58.com Inc by 86.61%. The purchase prices were between $43.26 and $69.37, with an estimated average price of $57.79. The stock is now traded at around $51.13. The impact to a portfolio due to this purchase was 0.56%. The holding were 101,700 shares as of .

TB Alternative Assets Ltd. added to a holding in SPDR Select Sector Fund - Energy Select Sector by 175.00%. The purchase prices were between $23.57 and $60.87, with an estimated average price of $48.26. The stock is now traded at around $34.54. The impact to a portfolio due to this purchase was 0.21%. The holding were 47,300 shares as of .

TB Alternative Assets Ltd. added to a holding in Under Armour Inc by 47.59%. The purchase prices were between $7.14 and $19.27, with an estimated average price of $14.5. The stock is now traded at around $8.74. The impact to a portfolio due to this purchase was 0.1%. The holding were 152,900 shares as of .

TB Alternative Assets Ltd. sold out a holding in JOYY Inc. The sale prices were between $38.8 and $60.4, with an estimated average price of $52.53.

TB Alternative Assets Ltd. sold out a holding in SPDR S&P Oil & Gas Explor & Product. The sale prices were between $7.54 and $32.9, with an estimated average price of $17.68.

TB Alternative Assets Ltd. sold out a holding in Yelp Inc. The sale prices were between $14.46 and $37.24, with an estimated average price of $30.63.

TB Alternative Assets Ltd. sold out a holding in Starbucks Corp. The sale prices were between $56.33 and $93.75, with an estimated average price of $81.31.

TB Alternative Assets Ltd. sold out a holding in Halliburton Co. The sale prices were between $4.61 and $25.39, with an estimated average price of $17.69.

TB Alternative Assets Ltd. sold out a holding in VanEck Vectors Oil Services. The sale prices were between $3.39 and $13.76, with an estimated average price of $9.53.