UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2022
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
NINE MASTS CAPITAL Ltd
Address:
LEVEL 20, ONE IFC
1 HARBOUR VIEW STREET
CENTRAL, K3 HONG KONG
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Irene Backenhorn
Title:
Chief Compliance Officer
Phone:
8-522-105-5803


Signature, Place, and Date of Signing:

/s/ Irene Backenhorn
                         [Signature]
Hong Kong, HONG KONG
                 [City, State]
02-06-2023
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
47
Form 13F Information table Value Total:
313175810
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ALARM COM HLDGS INCNOTE 1/1011642AB11,225,3501,500PRNSOLE1,500 0 0
ALIBABA GROUP HLDG LTDSPONSORED ADS01609W10215,875,191179,530SHSOLE179,530 0 0
ALPHABET INCCAP STK CL A02079K3056,071,19568,811SHSOLE68,811 0 0
ASE TECHNOLOGY HLDG CO LTDSPONSORED ADS00215W100544,86386,900SHSOLE86,900 0 0
BAIDU INCSPON ADR REP A0567521081,030,6679,000SHSOLE9,000 0 0
BEIGENE LTDSPONSORED ADR07725L102852,2793,812SHSOLE3,812 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW08467070210,303,36033,355SHSOLE33,355 0 0
BILIBILI INCSPONS ADS REP Z0900401061,066,05045,000SHSOLE45,000 0 0
BLACK SPADE ACQUISITION CO*W EXP 07/16/202G1153711812,408248,150PRNSOLE248,150 0 0
BLACK SPADE ACQUISITION COSHS CL AG115371004,933,049493,300SHSOLE493,300 0 0
BLOCK INCNOTE 0.125% 3/0852234AF017,212,50018,000PRNSOLE18,000 0 0
BLOCK INCNOTE 0.250%11/0852234AK91,896,8752,500PRNSOLE2,500 0 0
BLOCK INCNOTE 5/0852234AJ214,253,75017,500PRNSOLE17,500 0 0
BRIDGETOWN HOLDINGS LTD*W EXP 09/30/202G1355U1215,97951,988PRNSOLE51,988 0 0
CLEAN EARTH ACQUISITIONS COR*W EXP 99/99/99918449311211,952149,397PRNSOLE149,397 0 0
CLEAN EARTH ACQUISITIONS CORCLASS A COM1844931042,967,330293,795SHSOLE293,795 0 0
CLEAN EARTH ACQUISITIONS CORRIGHT 01/01/202718449312034,499299,995SHSOLE299,995 0 0
COINBASE GLOBAL INCNOTE 0.500% 6/019260QAB37,407,90113,000PRNSOLE13,000 0 0
CONX CORP*W EXP 10/30/2022128731114,24528,300PRNSOLE28,300 0 0
FISCALNOTE HOLDINGS INC*W EXP 07/29/202337655112502,305408,378PRNSOLE408,378 0 0
FOX CORPCL B COM35137L20420,719,139728,265SHSOLE728,265 0 0
FUTU HLDGS LTDSPON ADS CL A36118L1061,300,80032,000SHSOLE32,000 0 0
GRINDR INC*W EXP 11/18/20239854F119195,449407,186PRNSOLE407,186 0 0
H WORLD GROUP LTDSPONSORED ADS44332N1061,414,46332,800SHSOLE32,800 0 0
HH&L ACQUISITION CO*W EXP 02/04/202G397141294,84996,780PRNSOLE96,780 0 0
HH&L ACQUISITION COSHS CL AG39714103950,61394,027SHSOLE94,027 0 0
INFOSYS LTDSPONSORED ADR4567881084,860,244265,000SHSOLE265,000 0 0
JD.COM INCSPON ADR CL A47215P1067,402,384131,157SHSOLE131,157 0 0
LI AUTO INCSPONSORED ADS50202M1025,883,850298,908SHSOLE298,908 0 0
LIVONGO HEALTH INCNOTE 0.875% 6/0539183AA18,788,00010,000PRNSOLE10,000 0 0
MARIADB PLC*W EXP 12/16/202G5920M118100,986288,530PRNSOLE288,530 0 0
NIO INCSPON ADS62914V106294,84229,308SHSOLE29,308 0 0
PRENETICS GLOBAL LTD*W EXP 05/18/202G7224511458,025362,656PRNSOLE362,656 0 0
PROSHARES TR IIULTRA VIX SHORT74347Y839137,20020,000SHSOLE20,000 0 0
REDFIN CORPNOTE 10/175737FAC21,801,8903,000PRNSOLE3,000 0 0
SVF INVESTMENT CORP*W EXP 01/12/202G8601L1283,421136,300PRNSOLE136,300 0 0
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS874039100125,285,0291,681,904SHSOLE1,681,904 0 0
TESLA INCCOM88160R10111,153,94990,550SHSOLE90,550 0 0
TRIP COM GROUP LTDADS89677Q1072,612,19374,500SHSOLE74,500 0 0
UBER TECHNOLOGIES INCNOTE 12/190353TAJ913,556,10216,000PRNSOLE16,000 0 0
UNITED MICROELECTRONICS CORPSPON ADR NEW910873405734,952110,994SHSOLE110,994 0 0
UNITY SOFTWARE INCNOTE 11/191332UAB77,535,00010,000PRNSOLE10,000 0 0
VNET GROUP INCNOTE 2/090138VAB39,020,00011,000PRNSOLE11,000 0 0
WIPRO LTDSPON ADR 1 SH97651M10960,74412,763SHSOLE12,763 0 0
WOODSIDE ENERGY GROUP LTDSPONSORED ADR980228308645,07026,726SHSOLE26,726 0 0
XPENG INCADS98422D105669,87568,150SHSOLE68,150 0 0
YUM CHINA HLDGS INCCOM98850P1091,774,99331,550SHSOLE31,550 0 0