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:
03-31-2019
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:

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:
22
Form 13F Information table Value Total:
344949
          (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 USCOM0378331005,92631,200SHDFND31,200 0 0
ADVANCED MICRO DEVICES AMD USCOM0079031071,24548,800SHDFND48,800 0 0
AMAZON.COM INC AMZN USCOM0231351062,8491,600SHDFND1,600 0 0
ALIBABA GROUP HOLDING-SP ADR BABA USSPONSORED ADS01609W10215,87387,000SHDFND87,000 0 0
BILIBILI INC-SPONSORED ADR BILI USSPONS ADS REP Z09004010675,1553,965,982SHDFND3,965,982 0 0
CHEETAH MOBILE INC - ADR CMCM USADR1630751041,292201,199SHDFND201,199 0 0
DEUTSCHE BANK AG-REGISTERED DB USNAMEN AKTD1819089810,6721,314,300SHDFND1,314,300 0 0
ELECTRONIC ARTS INC EA USCOM2855121091,13811,200SHDFND11,200 0 0
FACEBOOK INC-A FB USCL A30303M1025,36732,200SHDFND32,200 0 0
FREEPORT-MCMORAN INC FCX USCL B35671D8571,11886,700SHDFND86,700 0 0
L BRANDS INC LB USCOM5017971049,413341,300SHDFND341,300 0 0
MACY'S INC M USCOM55616P1045,633234,400SHDFND234,400 0 0
PINDUODUO INC-ADR PDD USSPONSORED ADS72230410238,0781,535,410SHDFND1,535,410 0 0
SINA CORP SINA USORDG814771043,95166,700SHDFND66,700 0 0
TAL EDUCATION GROUP- ADR TAL USSPONSORED ADS87408010462,3091,726,968SHDFND1,726,968 0 0
TESLA INC TSLA USCOM88160R1014,36615,600SHDFND15,600 0 0
UBS GROUP AG-REG UBS USSHSH420971073,892321,400SHDFND321,400 0 0
WEIBO CORP-SPON ADR WB USSPONSORED ADR94859610135,148567,000SHDFND567,000 0 0
YY INC-ADR YY USSPONSORED ADS A98426T1066,29274,900SHDFND74,900 0 0
ZILLOW GROUP INC - C Z USCL C CAP STK98954M2002,42869,900SHDFND69,900 0 0
ZTO EXPRESS CAYMAN INC-ADR ZTO USSPONSORED ADS A98980A10549,3782,701,222SHDFND2,701,222 0 0
LIGHTINTHEBOX HOLDING-ADRSPONSORED ADR53225G1023,4262,537,855SHDFND2,537,855 0 0