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HHLR ADVISORS, LTD.

AUM: $45.87 B

13-F Portfolio Value: $3.10 B

Last 13-F Filed: Q2 2025

Concentration in top 10: 90.27%

Stock	Company	% Portfolio	Shares Held	Market Value	Change in Shares	% Change	Quarter End Price	Source
PDD	PDD HOLDINGS INC	23.52%	6,976,804	$730,192,307	414,228	6.31%	$104.66	13F
FUTU	FUTU HLDGS LTD	17.17%	4,312,237	$532,949,371	4,745	0.11%	$123.59	13F