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:
12-31-2024
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:
Aspex Management (HK) Ltd
Address:
16TH FLOOR, ST. GEORGE'S BUILDING
2 ICE HOUSE STREET
CENTRAL, 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:
Fong, Shin Tsing Bonnie
Title:
Authorized Signatory
Phone:
85234684160


Signature, Place, and Date of Signing:

Fong, Shin Tsing Bonnie
                         [Signature]
Central, HONG KONG
                 [City, State]
02-13-2025
                           [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:
33
Form 13F Information table Value Total:
3700740
          (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
ATOUR LIFESTYLE HLDGS LTDSPONSORED ADS04965M106121,2914,510,636SHSOLE4,510,636 0 0
DOORDASH INCCL A25809K105160,269955,406SHSOLE955,406 0 0
E L F BEAUTY INCCOM26856L10373,576586,028SHSOLE586,028 0 0
ENPHASE ENERGY INCCOM29355A10729,437428,615SHSOLE428,615 0 0
EPAM SYS INCCOM29414B10430,608130,904SHSOLE130,904 0 0
FULL TRUCK ALLIANCE CO LTDSPONSORED ADS35969L108164,55715,208,627SHSOLE15,208,627 0 0
FUTU HLDGS LTDSPON ADS CL A36118L106230,8452,885,929SHSOLE2,885,929 0 0
GDS HLDGS LTDSPONSORED ADS36165L108117,0594,926,727SHSOLE4,926,727 0 0
HDFC BANK LTDSPONSORED ADS40415F10146,421726,915SHSOLE726,915 0 0
H WORLD GROUP LTDNOTE 3.000% 5/044332NAB253,23850,000,000SHSOLE50,000,000 0 0
IQIYI INCNOTE 6.500% 3/1G4939KAF326,92128,000,000SHSOLE28,000,000 0 0
JD.COM INCSPON ADS CL A47215P10693,5622,698,651SHSOLE2,698,651 0 0
KE HLDGS INCSPONSORED ADS482497104119,9966,514,463SHSOLE6,514,463 0 0
LANVIN GROUP HOLDINGS LIMITE SHSG5380J1009,0454,500,000SHSOLE4,500,000 0 0
LANVIN GROUP HOLDINGS LIMITE*W EXP 01/14/202G5380J118401,000,000SHSOLE1,000,000 0 0
LI AUTO INCSPONSORED ADS50202M102179,4667,480,871SHSOLE7,480,871 0 0
MICRON TECHNOLOGY INCCOM595112103126,6561,504,939SHSOLE1,504,939 0 0
NETEASE INCSPONSORED ADS64110W10213,172147,655SHSOLE147,655 0 0
NEW ORIENTAL ED & TECHNOLOGYSPON ADR647581206478,4567,454,906SHSOLE7,454,906 0 0
PONY AI INCSPONSORED ADS73290810834,0912,375,666SHSOLE2,375,666 0 0
PRENETICS GLOBAL LTDSHS NEWG722451222,008346,150SHSOLE346,150 0 0
PRENETICS GLOBAL LTD*W EXP 05/18/202G7224511491,166,666SHSOLE1,166,666 0 0
QIFU TECHNOLOGY INCAMERICAN DEP88557W101244,5506,371,808SHSOLE6,371,808 0 0
RLX TECHNOLOGY INCSPONSORED ADS74969N10326,18712,123,409SHSOLE12,123,409 0 0
SEA LTDNOTE 2.375%12/081141RAF738,03830,000,000SHSOLE30,000,000 0 0
SEA LTDSPONSORD ADS81141R100519,4464,895,815SHSOLE4,895,815 0 0
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS874039100104,936531,348SHSOLE531,348 0 0
TAL EDUCATION GROUPSPONSORED ADS874080104105,76810,555,730SHSOLE10,555,730 0 0
TERADYNE INCCOM880770102407,3313,234,842SHSOLE3,234,842 0 0
TRIP COM GROUP LTDADS89677Q107128,5681,872,533SHSOLE1,872,533 0 0
VICARIOUS SURGICAL INCCOM CL A92561V2081,14186,666SHSOLE86,666 0 0
VNET GROUP INCSPONSORED ADS A90138A10314,0522,964,552SHSOLE2,964,552 0 0