New Silk Road Investment Pte Ltd Buys Huazhu Group, Trip.com Group, Tencent Music Entertainment Group, Sells TAL Education Group, Vipshop Holdings, New Oriental Education & Technology Group Inc

• New Purchases: HTHT,
• Added Positions: TCOM, TME, YUMC, BZUN, BIDU, NTES, MNSO,
• Reduced Positions: SE,
• Sold Out: TAL, VIPS, EDU, GRCL,

For the details of NEW SILK ROAD INVESTMENT PTE LTD's stock buys and sells, go to https://www.gurufocus.com/guru/new+silk+road+investment+pte+ltd/current-portfolio/portfolio

1. Sea Ltd (SE) - 187,938 shares, 39.01% of the total portfolio. Shares reduced by 12.93%
2. HDFC Bank Ltd (HDB) - 265,500 shares, 12.64% of the total portfolio.
3. Yum China Holdings Inc (YUMC) - 313,453 shares, 11.86% of the total portfolio. Shares added by 14.22%
4. Tencent Music Entertainment Group (TME) - 2,076,409 shares, 9.80% of the total portfolio. Shares added by 21.90%
5. MINISO Group Holding Ltd (MNSO) - 864,315 shares, 8.58% of the total portfolio. Shares added by 1.79%

New Silk Road Investment Pte Ltd initiated holding in Huazhu Group Ltd. The purchase prices were between $40.75 and $54.24, with an estimated average price of $47.38. The stock is now traded at around $46.030000. The impact to a portfolio due to this purchase was 4.61%. The holding were 154,500 shares as of 2021-09-30.

New Silk Road Investment Pte Ltd added to a holding in Trip.com Group Ltd by 123.91%. The purchase prices were between $23.99 and $35.49, with an estimated average price of $28.91. The stock is now traded at around $30.410000. The impact to a portfolio due to this purchase was 2.13%. The holding were 192,447 shares as of 2021-09-30.

New Silk Road Investment Pte Ltd added to a holding in Tencent Music Entertainment Group by 21.90%. The purchase prices were between $7.01 and $15.47, with an estimated average price of $9.87. The stock is now traded at around $7.950000. The impact to a portfolio due to this purchase was 1.76%. The holding were 2,076,409 shares as of 2021-09-30.

New Silk Road Investment Pte Ltd added to a holding in Baozun Inc by 58.51%. The purchase prices were between $17.28 and $35.53, with an estimated average price of $24.74. The stock is now traded at around $16.730000. The impact to a portfolio due to this purchase was 0.95%. The holding were 225,400 shares as of 2021-09-30.

New Silk Road Investment Pte Ltd added to a holding in Baidu Inc by 25.91%. The purchase prices were between $137.33 and $201.46, with an estimated average price of $164.72. The stock is now traded at around $161.630000. The impact to a portfolio due to this purchase was 0.83%. The holding were 40,338 shares as of 2021-09-30.

New Silk Road Investment Pte Ltd sold out a holding in TAL Education Group. The sale prices were between $4.36 and $23.4, with an estimated average price of $9.01.

New Silk Road Investment Pte Ltd sold out a holding in Vipshop Holdings Ltd. The sale prices were between $10.99 and $19.67, with an estimated average price of $15.77.

New Silk Road Investment Pte Ltd sold out a holding in New Oriental Education & Technology Group Inc. The sale prices were between $1.7 and $7.81, with an estimated average price of $3.23.

New Silk Road Investment Pte Ltd sold out a holding in Gracell Biotechnologies Inc. The sale prices were between $9.91 and $14.84, with an estimated average price of $11.8.