NetEase

Perseverance Asset Management International Expands Holdings in NetEase, FUTU, PDD, MOS, HTHT in Q1

Perseverance Asset Management International expanded its stakes in several companies in Q1, including adding 60,000 NetEase shares to reach 170,000; purchasing 150,000 Futu shares; and buying 300,000 Mosaic shares, while PDD Holdings became the fund’s largest position with about 2.16 million shares. The firm also reduced its H World Group stake by roughly 25% and saw continued activity from other funds across these positions.