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Portfolio (Quarterly) Guide ↗

First Beijing Investment Ltd

· CIK 0001701717
13F Portfolio $2.4B AUM 11 positions Filed Aug 12, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 1 New 3 Added 6 Reduced 2 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 EDU NEW ORIENTAL ED & TECHNOLOGY Consumer Defensive 8,733,979.0 $401.0M 16.41% -261K -2.9% $45.91 +24.3%
2 RLX RLX TECHNOLOGY INC Consumer Defensive 59,821,839.0 $113.7M 4.65% -308K -0.5% $1.90 -5.8%
3 KASPI KZ JSC 424,613.0 $36.8M 1.50% -10K -2.2% $86.64
4 BZUN BAOZUN INC Consumer Cyclical 432,828.0 $1.2M 0.05% -12K -2.6% $2.83 +0.0%
5 DDL DINGDONG CAYMAN LTD Consumer Defensive 622,432.0 $1.2M 0.05% -224K -26.4% $1.93 +19.7%
6 NOAH NOAH HLDGS LTD Financial Services 38,595.0 $386K 0.02% -97K -71.6% $9.99 -12.2%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 42.1%
Technology 31.0%
Consumer Defensive 21.4%
Financial Services 5.4%
Communication Services 0.1%