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:
06-30-2022
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:
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]
07-21-2022
                           [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:
36
Form 13F Information table Value Total:
204126
          (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
AGORA INC-ADRADS00851L10335053,300SHDFND53,300 0 0
ALIBABA GROUP HOLDING-SP ADR BABA USSPONSORED ADS01609W1025124,500SHDFND4,500 0 0
ALPHABET INC-CL C GOOG USCAP STK CL C02079K1076,3522,904SHDFND2,904 0 0
AMAZON.COM INC AMZN USCOM0231351065,94856,000SHDFND56,000 0 0
BALLARD POWER SYSTEMS INC BLDP USCOM0585861081,210192,100SHDFND192,100 0 0
BILIBILI INC-SPONSORED ADR BILI USSPONS ADS REP Z0900401066,495253,700SHDFND253,700 0 0
BLOCK INC SQ USCL A85223410387914,300SHDFND14,300 0 0
CAMECO CORP CCJ USCOM13321L1083,527167,800SHDFND167,800 0 0
CLOOPEN GROUP HOLDING LTDADS18900M1046,0525,763,492SHDFND5,763,492 0 0
DIDI GLOBAL INCSPONSORED ADS23292E1084,6891,589,400SHDFND1,589,400 0 0
DRX DLY FTSE CHINA BEAR 3XDAILY FTSE CHINA25460E52199991,200SHDFND91,200 0 0
FINVOLUTION GROUP-ADRSPONSORED ADS31810T1013,369709,278SHDFND709,278 0 0
KE HOLDINGS INC-ADRSPONSORED ADS48249710445,2342,520,014SHDFND2,520,014 0 0
LAIX INC - ADRSPON ADS50736W204382259,851SHDFND259,851 0 0
LIGHTINTHEBOX HOLDING-ADRSPONSORED ADR53225G1021,9752,057,023SHDFND2,057,023 0 0
MOGU INC-ADRSPON ADS6080123081,550689,100SHDFND689,100 0 0
MOLECULAR DATA INC - ADRSPONSORED ADS60852L205421749,797SHDFND749,797 0 0
NVIDIA CORP NVDA USCOM67066G1049,79364,600SHDFND64,600 0 0
PEAR THERAPEUTICS INCCLASS A COM7047231053,1912,071,865SHDFND2,071,865 0 0
PETROLEO BRASILEIRO-SPON ADRSPONSORED ADR71654V4082,494213,500SHDFND213,500 0 0
PINDUODUO INC-ADR PDD USSPONSORED ADS72230410263710,300SHDFND10,300 0 0
PINTEREST INC- CLASS ACL A72352L1066,042332,700SHDFND332,700 0 0
PROSHARES ULTRA GOLDULTRA GOLD74347W6011,07919,100SHDFND19,100 0 0
PROSHARES ULTRAPRO QQQULTRAPRO QQQ74347X83116,306679,400SHDFND679,400 0 0
PROSHARES ULTRASHORT BLOOMBEULSHT BLOOMB OIL74347Y7978,053351,200SHDFND351,200 0 0
PUXIN LTD-ADRADS74704P405215178,763SHDFND178,763 0 0
ROBINHOOD MARKETS INC - ACOM CL A77070010217,3542,111,200SHDFND2,111,200 0 0
SHOPIFY INC - CLASS ACL A82509L1074,405141,000SHDFND141,000 0 0
SNAP INC - A SNAP USCL A83304A10613,1901,004,600SHDFND1,004,600 0 0
SO-YOUNG INTERNATIONAL-ADRSPONSORED ADS83356Q1082,6283,067,873SHDFND3,067,873 0 0
TALKSPACE INCCOM87427V1033,2851,932,612SHDFND1,932,612 0 0
TENCENT MUSIC ENTERTAINM-ADR TME USSPON ADS88034P1093,700737,148SHDFND737,148 0 0
UBER TECHNOLOGIES INC UBER USCOM90353T10015,912777,700SHDFND777,700 0 0
VIPSHOP HOLDINGS LTD - ADR VIPS USSPONSORED ADS A92763W1032,150217,400SHDFND217,400 0 0
YOUDAO INC - ADRSPONSORED ADS98741T1042,406489,059SHDFND489,059 0 0
YUNJI INC-ADRADS RP CL A98873N1071,3421,290,000SHDFND1,290,000 0 0