TB Alternative Assets Ltd. Buys TAL Education Group, Ctrip.com International, NetEase Inc, Sells Sogou Inc, New Oriental Education & Technology Group Inc, Tesla Inc

• New Purchases: CTRP, BILI, CVS, XNET, CMCM,
• Added Positions: TAL, NTES, LB, NKE, BABA, GILD,
• Reduced Positions: SOGO, BZUN, EDU, AMZN, YELP, SNAP,
• Sold Out: TSLA, DISCA, M, GOOG, STG, CRTO, ISRG, BLDP,

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) - 2,741,697 shares, 30.64% of the total portfolio. Shares added by 68.85%
2. Baozun Inc (BZUN) - 878,737 shares, 14.6% of the total portfolio. Shares reduced by 15.76%
3. Alibaba Group Holding Ltd (BABA) - 173,264 shares, 9.76% of the total portfolio. Shares added by 10.15%
4. NetEase Inc (NTES) - 105,571 shares, 8.1% of the total portfolio. Shares added by 226.85%
5. New Oriental Education & Technology Group Inc (EDU) - 267,749 shares, 7.7% of the total portfolio. Shares reduced by 22.44%

TB Alternative Assets Ltd. initiated holding in Ctrip.com International Ltd. The purchase prices were between $40.5 and $51.72, with an estimated average price of $45.21. The stock is now traded at around $42.12. The impact to a portfolio due to this purchase was 5.7%. The holding were 394,300 shares as of 2018-06-30.

TB Alternative Assets Ltd. initiated holding in Bilibili Inc. The purchase prices were between $9.99 and $21.28, with an estimated average price of $13.59. The stock is now traded at around $13.92. The impact to a portfolio due to this purchase was 5.44%. The holding were 1,280,600 shares as of 2018-06-30.

TB Alternative Assets Ltd. initiated holding in CVS Health Corp. The purchase prices were between $60.71 and $72.18, with an estimated average price of $65.94. The stock is now traded at around $66.14. The impact to a portfolio due to this purchase was 1.09%. The holding were 55,600 shares as of 2018-06-30.

TB Alternative Assets Ltd. initiated holding in Xunlei Ltd. The purchase prices were between $9.93 and $15.68, with an estimated average price of $12.44. The stock is now traded at around $11.67. The impact to a portfolio due to this purchase was 0.4%. The holding were 122,800 shares as of 2018-06-30.

TB Alternative Assets Ltd. initiated holding in Cheetah Mobile Inc. The purchase prices were between $9.56 and $13.84, with an estimated average price of $12.23. The stock is now traded at around $9.37. The impact to a portfolio due to this purchase was 0.05%. The holding were 15,600 shares as of 2018-06-30.

TB Alternative Assets Ltd. added to a holding in TAL Education Group by 68.85%. The purchase prices were between $34.92 and $46.8, with an estimated average price of $39.27. The stock is now traded at around $40.80. The impact to a portfolio due to this purchase was 12.49%. The holding were 2,741,697 shares as of 2018-06-30.

TB Alternative Assets Ltd. added to a holding in NetEase Inc by 226.85%. The purchase prices were between $223.03 and $282.49, with an estimated average price of $255.71. The stock is now traded at around $262.11. The impact to a portfolio due to this purchase was 5.62%. The holding were 105,571 shares as of 2018-06-30.

TB Alternative Assets Ltd. added to a holding in L Brands Inc by 207.17%. The purchase prices were between $31.68 and $38.73, with an estimated average price of $35.75. The stock is now traded at around $32.77. The impact to a portfolio due to this purchase was 3.69%. The holding were 488,700 shares as of 2018-06-30.

TB Alternative Assets Ltd. added to a holding in Nike Inc by 154.03%. The purchase prices were between $64.12 and $79.68, with an estimated average price of $70.42. The stock is now traded at around $76.95. The impact to a portfolio due to this purchase was 0.92%. The holding were 63,000 shares as of 2018-06-30.

TB Alternative Assets Ltd. sold out a holding in Tesla Inc. The sale prices were between $252.48 and $370.83, with an estimated average price of $305.16.

TB Alternative Assets Ltd. sold out a holding in Discovery Inc. The sale prices were between $20.95 and $28.48, with an estimated average price of $23.89.

TB Alternative Assets Ltd. sold out a holding in Macy's Inc. The sale prices were between $28.26 and $40.21, with an estimated average price of $33.5.

TB Alternative Assets Ltd. sold out a holding in Alphabet Inc. The sale prices were between $1006.47 and $1173.46, with an estimated average price of $1080.62.

TB Alternative Assets Ltd. sold out a holding in Sunlands Online Education Group. The sale prices were between $7.14 and $11.01, with an estimated average price of $9.11.

TB Alternative Assets Ltd. sold out a holding in Criteo SA. The sale prices were between $24.02 and $33.86, with an estimated average price of $27.61.

TB Alternative Assets Ltd. reduced to a holding in Sogou Inc by 55.16%. The sale prices were between $8.11 and $15.43, with an estimated average price of $9.97. The stock is now traded at around $11.29. The impact to a portfolio due to this sale was -4.64%. TB Alternative Assets Ltd. still held 1,107,465 shares as of 2018-06-30.

TB Alternative Assets Ltd. reduced to a holding in New Oriental Education & Technology Group Inc by 22.44%. The sale prices were between $86.03 and $106.27, with an estimated average price of $95.63. The stock is now traded at around $93.96. The impact to a portfolio due to this sale was -2.8%. TB Alternative Assets Ltd. still held 267,749 shares as of 2018-06-30.

TB Alternative Assets Ltd. reduced to a holding in Amazon.com Inc by 32.08%. The sale prices were between $1371.99 and $1750.08, with an estimated average price of $1586.76. The stock is now traded at around $1812.97. The impact to a portfolio due to this sale was -1.02%. TB Alternative Assets Ltd. still held 3,600 shares as of 2018-06-30.

TB Alternative Assets Ltd. reduced to a holding in Yelp Inc by 50.08%. The sale prices were between $38.7 and $47.92, with an estimated average price of $43.26. The stock is now traded at around $39.69. The impact to a portfolio due to this sale was -0.51%. TB Alternative Assets Ltd. still held 29,600 shares as of 2018-06-30.