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:
12-31-2020
Check here if Amendment: ☒ Amendment Number:
1
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]
08-18-2021
                           [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:
43
Form 13F Information table Value Total:
583170
          (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
AMERICAN AIRLINES GROUP INCCOM02376R10233,8652,147,420SHDFND2,147,420 0 0
ARCONIC CORP ARNC USCOM03966V1072,32177,900SHDFND77,900 0 0
AZUL SA-ADRSPONSR ADR PFD05501U1061,44063,100SHDFND63,100 0 0
BILIBILI INC-SPONSORED ADR BILI USSPONS ADS REP Z0900401067,70689,900SHDFND89,900 0 0
BIT DIGITAL INCSHSG1144A1055,258240,000SHDFND240,000 0 0
BOEING CO/THECOM09702310514,21466,400SHDFND66,400 0 0
CANADA GOOSE HOLDINGS INCSHS SUB VTG1350861064,873163,700SHDFND163,700 0 0
CENTRAIS ELETRICAS BR-SP ADRSPONSORED ADR15234Q2071,151164,700SHDFND164,700 0 0
DELTA AIR LINES INCCOM NEW24736170218,593462,400SHDFND462,400 0 0
GENERAL ELECTRIC CO GE USCOM3696041036,128567,400SHDFND567,400 0 0
JD.COM INC-ADR JD USSPON ADR CL A47215P10618,828214,200SHDFND214,200 0 0
JOYY INC YY USADS REPSTG COM A46591M1099,185114,840SHDFND114,840 0 0
KE HOLDINGS INCSPONSORED ADS4824971041,79129,100SHDFND29,100 0 0
LAIX INC - ADRADS50736W1058,6085,663,164SHDFND5,663,164 0 0
LI AUTO INC - ADRSPONSORED ADS50202M1026,164213,820SHDFND213,820 0 0
LIGHTINTHEBOX HOLDING-ADRSPONSORED ADR53225G1026,4462,537,855SHDFND2,537,855 0 0
LUFAX HOLDING LTDADS REP SHS CL A54975P10260,2684,244,260SHDFND4,244,260 0 0
LULULEMON ATHLETICA INC LULU USCOM5500211092,7497,900SHDFND7,900 0 0
LYFT INC-ACL A COM55087P1046,721136,800SHDFND136,800 0 0
MOGU INC-ADRSPON ADS60801210018,1158,347,939SHDFND8,347,939 0 0
PARK HOTELS & RESORTS INCCOM70051710518,6521,087,600SHDFND1,087,600 0 0
PFIZER INCCOM7170811035,290143,700SHDFND143,700 0 0
PHOENIX NEW MEDIA LTD -ADR FENG USSPONSORED ADS71910C103697580,500SHDFND580,500 0 0
PINDUODUO INC-ADR PDD USSPONSORED ADS72230410286,746488,240SHDFND488,240 0 0
PUXIN LTD-ADRADS74704P10814,0552,415,000SHDFND2,415,000 0 0
SHAKE SHACK INC - CLASS ACL A8190471012,34027,600SHDFND27,600 0 0
SL GREEN REALTY CORPCOM78440X10132,236541,050SHDFND541,050 0 0
SNAP INC - A SNAP USCL A83304A10639,495788,800SHDFND788,800 0 0
SO-YOUNG INTERNATIONAL-ADRSPONSORED ADS83356Q10817,3081,557,863SHDFND1,557,863 0 0
SQUARE INC - A SQ USCL A8522341033,09014,200SHDFND14,200 0 0
STARWOOD PROPERTY TRUST INCCOM85571B1054,920254,900SHDFND254,900 0 0
TENCENT MUSIC ENTERTAINM-ADR TME USSPON ADS88034P1095,294275,170SHDFND275,170 0 0
TWITTER INC TWTR USCOM90184L10218,113334,500SHDFND334,500 0 0
UBER TECHNOLOGIES INC UBER USCOM90353T10030,365595,400SHDFND595,400 0 0
UNDER ARMOUR INC-CLASS C UA USCL C9043112062,656178,500SHDFND178,500 0 0
VIPSHOP HOLDINGS LTD - ADR VIPS USSPONSORED ADS A92763W1033,905138,933SHDFND138,933 0 0
WALT DISNEY CO/THE DIS USCOM2546871062,30112,700SHDFND12,700 0 0
WEIBO CORP-SPON ADR WB USSPONSORED ADR9485961013,59787,759SHDFND87,759 0 0
WELLS FARGO & CO WFC USCOM94974610112,706421,000SHDFND421,000 0 0
XPENG INC - ADRADS98422D1054,382102,300SHDFND102,300 0 0
YUNJI INC-ADR YJ USADS RP CL A98873N1072,9691,605,000SHDFND1,605,000 0 0
ZILLOW GROUP INC - C Z USCL C CAP STK98954M2006,67251,400SHDFND51,400 0 0
ZTO EXPRESS CAYMAN INC-ADR ZTO USSPONSORED ADS A98980A10530,9571,061,618SHDFND1,061,618 0 0