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Aspex Management (hk) LTD

CIK:0001768375
Asset Manager
$5B AUM
28 holdings
Hong Kong, Hong Kong
Founded:2018
Latest filing:Jun 30, 2025

Aspex Management (HK) Limited is a Hong Kong-based investment manager founded in 2018. The firm specializes in pan-Asian investment opportunities, managing capital across both public and private markets. Serving institutional investors and sophisticated clients, Aspex employs a research-driven, fundamental approach. Employee count is not publicly disclosed but the firm operates with a specialized team focused on Asian markets.

Investment Strategy

Aspex Management centers its investment strategy around identifying long-term growth opportunities across the Asia-Pacific region. The firm focuses on rigorous, bottom-up fundamental analysis to build concentrated portfolios in both public and private companies. It aims to capitalize on structural trends and dislocations, investing with a long-term horizon and active engagement with portfolio companies.

Top Buys
M
MRVLMARVELL TECHNOLOGY INC
+$324.7M
S
SNPSSYNOPSYS INC
+$196.7M
F
FUTUFUTU HLDGS LTD
+$132.6M
I
INTCINTEL CORP
+$123.2M
E
EDUNEW ORIENTAL ED & TECHNOLOGY
+$95.8M
Top Sells
M
MUMICRON TECHNOLOGY INC
-$175.5M
C
CDNSCADENCE DESIGN SYSTEM INC
-$144.8M
B
BEKEKE HLDGS INC
-$103.0M
D
DECKDECKERS OUTDOOR CORP
-$58.2M
F
FLUTFLUTTER ENTMT PLC
-$23.1M

Top Holdings

S
SESEA LTD
+18.0%$828.6M
F
FUTUFUTU HLDGS LTD
+9.1%$419.4M
T
TSMTAIWAN SEMICONDUCTOR MFG LTD
+8.6%$395.6M
E
EDUNEW ORIENTAL ED & TECHNOLOGY
+8.2%$376.6M
S
SNPSSYNOPSYS INC
+7.2%$331.1M

Equity Positions (21)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SE
SEA LTD18.01%$828.6M5,180,898$81.84$159.94+$65.5M
F
FUTU
FUTU HLDGS LTD9.11%$419.4M3,393,307$67.01$123.59+$132.6M
T
TSM
TAIWAN SEMICONDUCTOR MFG LTD8.60%$395.6M1,746,681$173.02$226.49+$86.0K
E
EDU
NEW ORIENTAL ED & TECHNOLOGY8.19%$376.6M6,981,188$69.97$53.95+$95.8M
S
SNPS
SYNOPSYS INC7.20%$331.1M645,895$471.99$512.68+$196.7M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+21.7%
SERVICES-MISCELLANEOUS BUSINESS SERVICES
+18.0%
SERVICES-PREPACKAGED SOFTWARE
+13.4%
SERVICES-EDUCATIONAL SERVICES
+13.0%
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
+9.1%