Perseverance Asset Management International Buys Pinduoduo Inc, Weibo Corp, NetEase Inc, Sells Alibaba Group Holding, Baidu Inc, Tesla Inc

• New Purchases: PDD, AMZN,
• Added Positions: WB, NTES, ZTO, TAL, BILI, ALB, EDU,
• Reduced Positions: BABA, BIDU, TSLA, SINA,
• Sold Out: YY, IQ,

For the details of Perseverance Asset Management International's stock buys and sells, go to https://www.gurufocus.com/guru/perseverance+asset+management+international/current-portfolio/portfolio

1. Alibaba Group Holding Ltd (BABA) - 228,647 shares, 20.12% of the total portfolio. Shares reduced by 36.94%
2. Weibo Corp (WB) - 1,202,942 shares, 18.02% of the total portfolio. Shares added by 233.64%
3. NetEase Inc (NTES) - 94,331 shares, 13.70% of the total portfolio. Shares added by 304.49%
4. Pinduoduo Inc (PDD) - 795,604 shares, 12.97% of the total portfolio. New Position
5. ZTO Express (Cayman) Inc (ZTO) - 1,080,439 shares, 12.95% of the total portfolio. Shares added by 83.98%

Perseverance Asset Management International initiated holding in Pinduoduo Inc. The purchase prices were between $31.77 and $41.23, with an estimated average price of $36.58. The stock is now traded at around $60.84. The impact to a portfolio due to this purchase was 12.97%. The holding were 795,604 shares as of .

Perseverance Asset Management International initiated holding in Amazon.com Inc. The purchase prices were between $1676.61 and $2170.22, with an estimated average price of $1936.38. The stock is now traded at around $2388.85. The impact to a portfolio due to this purchase was 0.44%. The holding were 500 shares as of .

Perseverance Asset Management International added to a holding in Weibo Corp by 233.64%. The purchase prices were between $30.33 and $51.69, with an estimated average price of $42.51. The stock is now traded at around $34.55. The impact to a portfolio due to this purchase was 12.62%. The holding were 1,202,942 shares as of .

Perseverance Asset Management International added to a holding in NetEase Inc by 304.49%. 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 $372.03. The impact to a portfolio due to this purchase was 10.31%. The holding were 94,331 shares as of .

Perseverance Asset Management International added to a holding in ZTO Express (Cayman) Inc by 83.98%. The purchase prices were between $21.72 and $27.7, with an estimated average price of $24.22. The stock is now traded at around $33.10. The impact to a portfolio due to this purchase was 5.91%. The holding were 1,080,439 shares as of .

Perseverance Asset Management International added to a holding in TAL Education Group by 166.60%. The purchase prices were between $46.68 and $59.47, with an estimated average price of $53.79. The stock is now traded at around $53.77. The impact to a portfolio due to this purchase was 4.73%. The holding were 314,278 shares as of .

Perseverance Asset Management International added to a holding in Bilibili Inc by 106.43%. The purchase prices were between $18.62 and $28.69, with an estimated average price of $24.1. The stock is now traded at around $31.03. The impact to a portfolio due to this purchase was 4.32%. The holding were 790,635 shares as of .

Perseverance Asset Management International added to a holding in Albemarle Corp by 806.32%. The purchase prices were between $50.9 and $94.31, with an estimated average price of $76.85. The stock is now traded at around $59.71. The impact to a portfolio due to this purchase was 2.56%. The holding were 112,964 shares as of .

Perseverance Asset Management International sold out a holding in JOYY Inc. The sale prices were between $42.01 and $66.83, with an estimated average price of $58.14.

Perseverance Asset Management International sold out a holding in iQIYI Inc. The sale prices were between $17.02 and $27.18, with an estimated average price of $22.53.