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:
12-31-2019
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:
27
Form 13F Information table Value Total:
528063
          (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
ALIBABA GROUP HOLDING-SP ADR BABA USSPONSORED ADS01609W10287,765413,792SHDFND413,792 0 0
BILIBILI INC-SPONSORED ADR BILI USSPONS ADS REP Z09004010637,8332,031,839SHDFND2,031,839 0 0
FACEBOOK INC-CLASS A FB USCL A30303M1022,54512,400SHDFND12,400 0 0
HALLIBURTON CO HAL USCOM40621610173930,200SHDFND30,200 0 0
IQIYI INC-ADR IQ USSPONSORED ADS46267X10838,1011,804,902SHDFND1,804,902 0 0
MACY'S INC M USCOM55616P1044,697276,300SHDFND276,300 0 0
NIO INC - ADRSPON ADS62914V10639,4879,822,617SHDFND9,822,617 0 0
VANECK OIL SERVICESOIL SVCS ETF92189F71854741,300SHDFND41,300 0 0
PINTEREST INC- CLASS ACL A72352L10653728,800SHDFND28,800 0 0
STARBUCKS CORPCOM8552441091,02011,600SHDFND11,600 0 0
SINA CORP SINA USORDG8147710428,822721,822SHDFND721,822 0 0
TAL EDUCATION GROUP- ADR TAL USSPONSORED ADS87408010431,954662,936SHDFND662,936 0 0
UNDER ARMOUR INC-CLASS C UA USCL C9043112061,987103,600SHDFND103,600 0 0
VIPSHOP HOLDINGS LTD - ADR VIPS USSPONSORED ADS A92763W10325,0231,765,933SHDFND1,765,933 0 0
WEIBO CORP-SPON ADR WB USSPONSORED ADR94859610139,941861,720SHDFND861,720 0 0
58.COM INC-ADR WUBA USSPON ADR REP A31680Q1043,52854,500SHDFND54,500 0 0
ENERGY SELECT SECTOR SPDRENERGY81369Y5061,03317,200SHDFND17,200 0 0
SPDR S&P OIL & GAS EXP & PRS&P OILGAS EXP78464A7303,261137,600SHDFND137,600 0 0
YELP INC YELP USCL A9858171052,94784,606SHDFND84,606 0 0
YUNJI INC-ADR YJ USADS RP CL A98873N10713,1652,874,547SHDFND2,874,547 0 0
JOYY INC YY USADS REPSTG COM A46591M10941,214780,720SHDFND780,720 0 0
ZTO EXPRESS CAYMAN INC-ADR ZTO USSPONSORED ADS A98980A10525,6221,097,294SHDFND1,097,294 0 0
LIGHTINTHEBOX HOLDING-ADRSPONSORED ADR53225G1022,6652,537,855SHDFND2,537,855 0 0
MOGU INC-ADRSPON ADS60801210019,0338,347,939SHDFND8,347,939 0 0
LAIX INC - ADRADS50736W10527,5235,663,164SHDFND5,663,164 0 0
SO-YOUNG INTERNATIONAL-ADRSPONSORED ADS83356Q10822,9471,877,863SHDFND1,877,863 0 0
PUXIN LTD-ADRADS74704P10824,1272,942,270SHDFND2,942,270 0 0