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:
03-31-2020
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:
TB Alternative Assets Ltd.
Address:
2001, AGRICULTURAL BANK OF CHINA TOWER
50 CONNAUGHT ROAD CENTRAL, CENTRAL
HONG KONG, K3 NA
Form 13F File Number:
028-13681

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:
Shujun Li
Title:
Director
Phone:
(852) 3727-0300


Signature, Place, and Date of Signing:

/s/ Shujun Li
                         [Signature]
Hong Kong, HONG KONG
                 [City, State]
04-24-2020
                           [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:
45
Form 13F Information table Value Total:
575370
          (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
APPLE INC AAPL USCOM0378331002,61910,300SHDFND10,300 0 0
BOEING CO/THECOM0970231052,05813,800SHDFND13,800 0 0
ALIBABA GROUP HOLDING-SP ADR BABA USSPONSORED ADS01609W10244,554229,092SHDFND229,092 0 0
BILIBILI INC-SPONSORED ADR BILI USSPONS ADS REP Z0900401063,626154,810SHDFND154,810 0 0
BOOKING HOLDINGS INCCOM09857L108673500SHDFND500 0 0
COMMUNITY HEALTH SYSTEMS INC CYH USCOM20366810816649,600SHDFND49,600 0 0
DEUTSCHE BANK AG-REGISTERED DB USNAMEN AKTD181908981,829284,900SHDFND284,900 0 0
WALT DISNEY CO/THE DIS USCOM DISNEY2546871062,28023,600SHDFND23,600 0 0
NEW ORIENTAL EDUCATIO-SP ADR EDU USSPON ADR6475811073,70234,200SHDFND34,200 0 0
FACEBOOK INC-CLASS A FB USCL A30303M1024,87129,200SHDFND29,200 0 0
FREEPORT-MCMORAN INC FCX USCL B35671D85751075,600SHDFND75,600 0 0
GDS HOLDINGS LTD - ADRSPONSORED ADS36165L1081,84331,800SHDFND31,800 0 0
GENERAL ELECTRIC CO GE USCOM3696041032,746345,900SHDFND345,900 0 0
ALPHABET INC-CL C GOOG USCAP STK CL C02079K107872750SHDFND750 0 0
IQIYI INC-ADR IQ USSPONSORED ADS46267X10824,2471,362,183SHDFND1,362,183 0 0
JD.COM INC-ADR JD USSPON ADR CL A47215P10618,355453,200SHDFND453,200 0 0
LUCKIN COFFEE INC - ADRSPONSORED ADS54951L10937313,700SHDFND13,700 0 0
MACY'S INC M USCOM55616P104789160,700SHDFND160,700 0 0
MARRIOTT INTERNATIONAL -CL ACL A5719032023965,300SHDFND5,300 0 0
NIO INC - ADRSPON ADS62914V1061,419510,300SHDFND510,300 0 0
NETEASE INC-ADR NTES USSPONSORED ADS64110W10211,26635,100SHDFND35,100 0 0
PINTEREST INC- CLASS ACL A72352L1063,335216,000SHDFND216,000 0 0
SINA CORP SINA USORDG8147710421,499675,222SHDFND675,222 0 0
SL GREEN REALTY CORPCOM78440X1014149,600SHDFND9,600 0 0
SNAP INC - A SNAP USCL A83304A1063,717312,600SHDFND312,600 0 0
TAL EDUCATION GROUP- ADR TAL USSPONSORED ADS8740801044,42082,984SHDFND82,984 0 0
TENCENT MUSIC ENTERTAINM-ADR TME USSPON ADS88034P10923,6442,350,300SHDFND2,350,300 0 0
TESLA INC TSLA USCOM88160R1018381,600SHDFND1,600 0 0
TWITTER INC TWTR USCOM90184L10261925,200SHDFND25,200 0 0
UNDER ARMOUR INC-CLASS C UA USCL C9043112061,232152,900SHDFND152,900 0 0
VALE SA-SP ADR VALE USSPONSORED ADS91912E10546155,600SHDFND55,600 0 0
VIPSHOP HOLDINGS LTD - ADR VIPS USSPONSORED ADS A92763W10344,7012,869,133SHDFND2,869,133 0 0
WEIBO CORP-SPON ADR WB USSPONSORED ADR94859610123,649714,259SHDFND714,259 0 0
58.COM INC-ADR WUBA USSPON ADR REP A31680Q1044,955101,700SHDFND101,700 0 0
ENERGY SELECT SECTOR SPDRENERGY81369Y5061,37547,300SHDFND47,300 0 0
YUNJI INC-ADR YJ USADS RP CL A98873N10744,87512,260,798SHDFND12,260,798 0 0
JOYY INC YY USADS REPSTG COM A46591M10956,2881,056,857SHDFND1,056,857 0 0
ZILLOW GROUP INC - C Z USCL C CAP STK98954M2001373,800SHDFND3,800 0 0
ZTO EXPRESS CAYMAN INC-ADR ZTO USSPONSORED ADS A98980A1052,03576,838SHDFND76,838 0 0
LIGHTINTHEBOX HOLDING-ADRSPONSORED ADR53225G1021,7802,537,855SHDFND2,537,855 0 0
MOGU INC-ADRSPON ADS6080121009,5588,347,939SHDFND8,347,939 0 0
LAIX INC - ADRADS50736W10521,9735,663,164SHDFND5,663,164 0 0
SO-YOUNG INTERNATIONAL-ADRSPONSORED ADS83356Q108128,19612,519,106SHDFND12,519,106 0 0
PUXIN LTD-ADRADS74704P10812,5932,942,270SHDFND2,942,270 0 0
MOLECULAR DATA INC - ADRSPONSORED ADS60852L10633,88217,646,965SHDFND17,646,965 0 0