Ocean Arete Ltd Buys Alibaba Group Holding, RLX Technology Inc, Sells Pinduoduo Inc, iShares China Large-Cap ETF, Zhihu Inc

Investment company Ocean Arete Ltd (Current Portfolio) buys Alibaba Group Holding, RLX Technology Inc, sells Pinduoduo Inc, iShares China Large-Cap ETF, Zhihu Inc, Huazhu Group, Agora Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Ocean Arete Ltd. As of 2021Q3, Ocean Arete Ltd owns 7 stocks with a total value of $76 million. These are the details of the buys and sells.

For the details of OCEAN ARETE LTD's stock buys and sells, go to https://www.gurufocus.com/guru/ocean+arete+ltd/current-portfolio/portfolio

These are the top 5 holdings of OCEAN ARETE LTD
  1. Alibaba Group Holding Ltd (BABA) - 430,558 shares, 83.89% of the total portfolio. Shares added by 175.37%
  2. Trip.com Group Ltd (TCOM) - 181,875 shares, 7.36% of the total portfolio. Shares added by 4.72%
  3. RLX Technology Inc (RLX) - 1,093,024 shares, 6.50% of the total portfolio. Shares added by 98.94%
  4. Huazhu Group Ltd (HTHT) - 14,850 shares, 0.90% of the total portfolio. Shares reduced by 57.39%
  5. Futu Holdings Ltd (FUTU) - 5,000 shares, 0.60% of the total portfolio.
Added: Alibaba Group Holding Ltd (BABA)

Ocean Arete Ltd added to a holding in Alibaba Group Holding Ltd by 175.37%. The purchase prices were between $145.08 and $221.87, with an estimated average price of $182.3. The stock is now traded at around $161.210000. The impact to a portfolio due to this purchase was 53.43%. The holding were 430,558 shares as of 2021-09-30.

Added: RLX Technology Inc (RLX)

Ocean Arete Ltd added to a holding in RLX Technology Inc by 98.94%. The purchase prices were between $3.82 and $8.77, with an estimated average price of $5.49. The stock is now traded at around $4.260000. The impact to a portfolio due to this purchase was 3.23%. The holding were 1,093,024 shares as of 2021-09-30.

Sold Out: Pinduoduo Inc (PDD)

Ocean Arete Ltd sold out a holding in Pinduoduo Inc. The sale prices were between $74.69 and $121.84, with an estimated average price of $97.66.

Sold Out: iShares China Large-Cap ETF (FXI)

Ocean Arete Ltd sold out a holding in iShares China Large-Cap ETF. The sale prices were between $38.18 and $46.09, with an estimated average price of $41.31.

Sold Out: Agora Inc (API)

Ocean Arete Ltd sold out a holding in Agora Inc. The sale prices were between $25.94 and $41.44, with an estimated average price of $31.34.

Sold Out: iQIYI Inc (IQ)

Ocean Arete Ltd sold out a holding in iQIYI Inc. The sale prices were between $7.73 and $15.13, with an estimated average price of $10.44.

Sold Out: Baozun Inc (BZUN)

Ocean Arete Ltd sold out a holding in Baozun Inc. The sale prices were between $17.28 and $35.53, with an estimated average price of $24.74.



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