Greenwoods Asset Management Hong Kong LTD.
Greenwoods Asset Management Hong Kong Ltd. is the Hong Kong arm of Greenwoods Asset Management, a leading Chinese investment management firm founded in 2004. It serves institutional and high net worth clients globally, focusing on investment strategies centered on China-related opportunities. Headquartered in Hong Kong with links to the main office in Shanghai, the firm is known for its value-oriented investing style and extensive research capabilities, employing approximately 64 people (2024) across its entities.
Investment Strategy
Greenwoods Asset Management specializes in fundamental, value-driven long/short equity and private equity investments, with a primary focus on companies related to Mainland China. The firm leverages in-depth due diligence and local insights, seeking to identify undervalued opportunities by conducting thorough research on Chinese companies. Greenwoods emphasizes stock picking, risk management, and a disciplined investment framework, maintaining a long bias but with active portfolio management and selective shorting to manage risk and enhance returns. The investment approach is institutionalized, aiming to deliver superior performance over cycles without aggressive marketing, relying instead on investment results to attract capital.
Top Holdings
Equity Positions (26)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | META PLATFORMS INC | 25.46% | $731.7M | 991,342 | $283.25 | $738.09 | +$173.0M |
N NTES | NETEASE INC | 16.33% | $469.1M | 3,486,000 | $94.90 | $134.58 | +$101.2M |
Y YMM | FULL TRUCK ALLIANCE CO LTD | 11.83% | $340.1M | 28,794,527 | $8.41 | $11.81 | +$8.1M |
P PDD | PDD HOLDINGS INC | 11.73% | $337.0M | 3,219,839 | $100.28 | $104.66 | -$211.6M |
F FUTU | FUTU HLDGS LTD | 6.59% | $189.3M | 1,531,389 | $64.12 | $123.59 | -$5.4M |