TB Alternative Assets Ltd. Buys ZTO Express (Cayman) Inc, Weibo Corp, TAL Education Group, Sells Alibaba Group Holding, New Oriental Education & Technology Group Inc, Ctrip.com International

• New Purchases: WB, DB, M, TSLA, SINA, UBS, CMCM, AMD, FCX, EA,
• Added Positions: ZTO, TAL, BILI, LB, AAPL, FB, YY, Z,
• Reduced Positions: BABA, PDD, AMZN,
• Sold Out: EDU, CTRP, SNAP, SOGO, NTES, BZUN, GILD, SPOT, GOOG, YELP, GE, VIPS,

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. Bilibili Inc (BILI) - 3,965,982 shares, 20.56% of the total portfolio. Shares added by 16.10%
2. TAL Education Group (TAL) - 1,726,968 shares, 17.04% of the total portfolio. Shares added by 22.34%
3. ZTO Express (Cayman) Inc (ZTO) - 2,701,222 shares, 13.51% of the total portfolio. Shares added by 253.47%
4. Pinduoduo Inc (PDD) - 1,535,410 shares, 10.42% of the total portfolio. Shares reduced by 17.21%
5. Weibo Corp (WB) - 567,000 shares, 9.61% of the total portfolio. New Position

TB Alternative Assets Ltd. initiated holding in Weibo Corp. The purchase prices were between $52.2 and $74.25, with an estimated average price of $62.02. The stock is now traded at around $71.15. The impact to a portfolio due to this purchase was 9.61%. The holding were 567,000 shares as of .

TB Alternative Assets Ltd. initiated holding in Deutsche Bank AG. The purchase prices were between $8.09 and $9.29, with an estimated average price of $8.76. The stock is now traded at around $8.93. The impact to a portfolio due to this purchase was 2.92%. The holding were 1,314,300 shares as of .

TB Alternative Assets Ltd. initiated holding in Macy's Inc. The purchase prices were between $23.09 and $31.72, with an estimated average price of $25.33. The stock is now traded at around $24.96. The impact to a portfolio due to this purchase was 1.54%. The holding were 234,400 shares as of .

TB Alternative Assets Ltd. initiated holding in Tesla Inc. The purchase prices were between $260.42 and $347.31, with an estimated average price of $301.74. The stock is now traded at around $271.23. The impact to a portfolio due to this purchase was 1.19%. The holding were 15,600 shares as of .

TB Alternative Assets Ltd. initiated holding in SINA Corp. The purchase prices were between $53.3 and $68.99, with an estimated average price of $59.86. The stock is now traded at around $64.74. The impact to a portfolio due to this purchase was 1.08%. The holding were 66,700 shares as of .

TB Alternative Assets Ltd. initiated holding in UBS Group AG. The purchase prices were between $11.85 and $13.61, with an estimated average price of $12.68. The stock is now traded at around $13.33. The impact to a portfolio due to this purchase was 1.06%. The holding were 321,400 shares as of .

TB Alternative Assets Ltd. added to a holding in ZTO Express (Cayman) Inc by 253.47%. The purchase prices were between $15.33 and $21.15, with an estimated average price of $18.28. The stock is now traded at around $19.52. The impact to a portfolio due to this purchase was 9.69%. The holding were 2,701,222 shares as of .

TB Alternative Assets Ltd. added to a holding in TAL Education Group by 22.34%. The purchase prices were between $24.73 and $36.3, with an estimated average price of $32.31. The stock is now traded at around $34.64. The impact to a portfolio due to this purchase was 3.11%. The holding were 1,726,968 shares as of .

TB Alternative Assets Ltd. added to a holding in L Brands Inc by 318.77%. The purchase prices were between $25.67 and $28.87, with an estimated average price of $27.18. The stock is now traded at around $25.67. The impact to a portfolio due to this purchase was 1.96%. The holding were 341,300 shares as of .

TB Alternative Assets Ltd. added to a holding in Apple Inc by 1542.11%. The purchase prices were between $142.19 and $195.09, with an estimated average price of $169.29. The stock is now traded at around $203.13. The impact to a portfolio due to this purchase was 1.52%. The holding were 31,200 shares as of .

TB Alternative Assets Ltd. added to a holding in Facebook Inc by 81.92%. The purchase prices were between $131.09 and $173.37, with an estimated average price of $158.51. The stock is now traded at around $178.78. The impact to a portfolio due to this purchase was 0.66%. The holding were 32,200 shares as of .

TB Alternative Assets Ltd. added to a holding in YY Inc by 60.73%. The purchase prices were between $59.53 and $86.17, with an estimated average price of $72.45. The stock is now traded at around $88.03. The impact to a portfolio due to this purchase was 0.65%. The holding were 74,900 shares as of .

TB Alternative Assets Ltd. sold out a holding in New Oriental Education & Technology Group Inc. The sale prices were between $53.95 and $90.09, with an estimated average price of $74.87.

TB Alternative Assets Ltd. sold out a holding in Ctrip.com International Ltd. The sale prices were between $26.96 and $43.69, with an estimated average price of $34.89.

TB Alternative Assets Ltd. sold out a holding in Snap Inc. The sale prices were between $5.51 and $11.28, with an estimated average price of $8.43.

TB Alternative Assets Ltd. sold out a holding in Sogou Inc. The sale prices were between $5.19 and $6.98, with an estimated average price of $6.06.

TB Alternative Assets Ltd. sold out a holding in NetEase Inc. The sale prices were between $217.38 and $258.44, with an estimated average price of $237.8.

TB Alternative Assets Ltd. sold out a holding in Baozun Inc. The sale prices were between $28.37 and $41.54, with an estimated average price of $34.87.

TB Alternative Assets Ltd. reduced to a holding in Alibaba Group Holding Ltd by 65.61%. The sale prices were between $130.6 and $187.25, with an estimated average price of $167.49. The stock is now traded at around $187.55. The impact to a portfolio due to this sale was -8.79%. TB Alternative Assets Ltd. still held 87,000 shares as of .

TB Alternative Assets Ltd. reduced to a holding in Amazon.com Inc by 50%. The sale prices were between $1500.28 and $1819.26, with an estimated average price of $1661.42. The stock is now traded at around $1864.82. The impact to a portfolio due to this sale was -0.93%. TB Alternative Assets Ltd. still held 1,600 shares as of .