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:
03-31-2021
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:
38
Form 13F Information table Value Total:
531044
          (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 ADS01609W10222,786100,500SHDFND100,500 0 0
APPLE INC AAPL USCOM03783310018,518151,600SHDFND151,600 0 0
AZUL SA-ADRSPONSR ADR PFD05501U1064,173206,700SHDFND206,700 0 0
BALLARD POWER SYSTEMS INC BLDP USCOM0585861082,646108,700SHDFND108,700 0 0
BOEING CO/THECOM09702310525,880101,600SHDFND101,600 0 0
CANADA GOOSE HOLDINGS INCSHS SUB VTG1350861063,18781,200SHDFND81,200 0 0
CENTRAIS ELETRICAS BR-SP ADRSPONSORED ADR15234Q2071,893310,400SHDFND310,400 0 0
CHEMOURS CO/THECOM1638511084,351155,900SHDFND155,900 0 0
COMMUNITY HEALTH SYSTEMS INC CYH USCOM2036681082,048151,500SHDFND151,500 0 0
FINVOLUTION GROUPSPONSORED ADS31810T1012,430346,578SHDFND346,578 0 0
FREEPORT-MCMORAN INC FCX USCL B35671D8573,02391,800SHDFND91,800 0 0
HUNTSMAN CORPCOM4470111075,726198,600SHDFND198,600 0 0
INTEL CORPCOM4581401007,488117,000SHDFND117,000 0 0
IQIYI INC-ADR IQ USSPONSORED ADS46267X1086,414385,900SHDFND385,900 0 0
JD.COM INC-ADR JD USSPON ADR CL A47215P10636,194429,200SHDFND429,200 0 0
JOYY INC-ADR YY USADS REPSTG COM A46591M10933,972362,440SHDFND362,440 0 0
LAIX INC - ADRADS50736W1059,3323,703,164SHDFND3,703,164 0 0
LIGHTINTHEBOX HOLDING-ADRSPONSORED ADR53225G1025,8582,137,855SHDFND2,137,855 0 0
LUFAX HOLDING LTD-ADRADS REP SHS CL A54975P10243,3152,983,160SHDFND2,983,160 0 0
MOGU INC-ADRSPON ADS60801210016,1958,347,939SHDFND8,347,939 0 0
MOLECULAR DATA INC - ADRSPONSORED ADS60852L1065,4005,000,000SHDFND5,000,000 0 0
PARK HOTELS & RESORTS INCCOM70051710522,7471,054,100SHDFND1,054,100 0 0
PHOENIX NEW MEDIA LTD -ADR FENG USSPONSORED ADS71910C1031,309739,800SHDFND739,800 0 0
PINDUODUO INC-ADR PDD USSPONSORED ADS72230410227,009201,740SHDFND201,740 0 0
PUXIN LTD-ADRADS74704P1088,9862,246,600SHDFND2,246,600 0 0
SL GREEN REALTY CORPCOM78440X80448,992699,988SHDFND699,988 0 0
SNAP INC - A SNAP USCL A83304A1066,144117,500SHDFND117,500 0 0
SO-YOUNG INTERNATIONAL-ADRSPONSORED ADS83356Q10836,9923,747,873SHDFND3,747,873 0 0
STARWOOD PROPERTY TRUST INCCOM85571B1056,306254,900SHDFND254,900 0 0
TAL EDUCATION GROUP- ADR TAL USSPONSORED ADS8740801042,43945,300SHDFND45,300 0 0
TENCENT MUSIC ENTERTAINM-ADR TME USSPON ADS88034P10911,864579,000SHDFND579,000 0 0
UBER TECHNOLOGIES INC UBER USCOM90353T10031,425576,500SHDFND576,500 0 0
VIPSHOP HOLDINGS LTD - ADR VIPS USSPONSORED ADS A92763W1033,816127,800SHDFND127,800 0 0
WELLS FARGO & CO WFC USCOM9497461015,728146,600SHDFND146,600 0 0
YOUDAO INC - ADRSPONSORED ADS98741T1044,688196,800SHDFND196,800 0 0
YUNJI INC-ADR YJ USADS RP CL A98873N1073,4041,583,429SHDFND1,583,429 0 0
ZILLOW GROUP INC - C Z USCL C CAP STK98954M20018,370141,700SHDFND141,700 0 0
ZTO EXPRESS CAYMAN INC-ADR ZTO USSPONSORED ADS A98980A10529,9961,029,018SHDFND1,029,018 0 0