Serenity Capital Management Pte
Wang Chen
Period
Q2 2026
Portfolio Date
Jun 30, 2026
Stocks Held
11
Market Value
$331.6M
Holdings Value Trend
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Top 5 Holdings
1
Z
$ZTO
ZTO Express (Cayman) Inc.
34.1%
% of Portfolio
Unchanged
2T
$TAL
TAL Education Group
13.7%
% of Portfolio
Unchanged
3E
$EDU
New Oriental Education & Technology Group Inc.
10.6%
% of Portfolio
Increased 16.81%
4Y
$YMM
Full Truck Alliance Co. Ltd.
9.0%
% of Portfolio
Unchanged
5P
$PDD
PDD Holdings Inc.
8.3%
% of Portfolio
Unchanged
Historical Positions
| Symbol | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|
| ZTO | 34.1% | 30.7% | 28.0% | 24.6% |
| TAL | 13.7% | 13.0% | 13.7% | 13.4% |
| EDU | 10.6% | 9.0% | 9.6% | 8.8% |
| YMM | 9.0% | 7.4% | 5.2% | - |
| PDD | 8.3% | 8.9% | - | - |
| MNSO | 7.8% | 8.4% | 10.1% | 6.6% |
| CYD | 5.0% | - | - | - |
| MAT | 4.2% | 7.0% | 12.6% | - |
| HTHT | 3.3% | 11.6% | 15.9% | 12.7% |
| ATAT | 2.1% | 1.9% | 2.3% | 2.0% |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
TAL+19.85%
EDU+19.60%
ZTO-4.47%
PDD+17.36%
YMM+6.16%
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
CYD-18.35%
Sector Analysis
Technology9.0%
Industrials34.1%
Consumer Staples24.3%
Consumer Discretionary32.6%