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:
03-31-2025
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:
028-19749

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]
05-14-2025
                           [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:
31
Form 13F Information table Value Total:
3889380
          (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 ADS04965M106127,8774,510,636SHSOLE4,510,636 0 0
CADENCE DESIGN SYSTEM INCCOM127387108144,798569,333SHSOLE569,333 0 0
DECKERS OUTDOOR CORPCOM243537107181,7631,625,641SHSOLE1,625,641 0 0
DOORDASH INCCL A25809K105132,461724,740SHSOLE724,740 0 0
FLUTTER ENTMT PLCSHSG3643J10823,088104,210SHSOLE104,210 0 0
FULL TRUCK ALLIANCE CO LTDSPONSORED ADS35969L108194,21415,208,627SHSOLE15,208,627 0 0
FUTU HLDGS LTDSPON ADS CL A36118L106286,8082,802,225SHSOLE2,802,225 0 0
GDS HLDGS LTDSPONSORED ADS36165L10876,2403,009,876SHSOLE3,009,876 0 0
H WORLD GROUP LTDNOTE 3.000% 5/044332NAB255,45650,000,000SHSOLE50,000,000 0 0
INTEL CORPCOM458140100154,5376,804,813SHSOLE6,804,813 0 0
INTEL CORPCOM45814090017,82312,542,058SHCallSOLE12,542,058 0 0
KE HLDGS INCSPONSORED ADS482497104102,9905,126,453SHSOLE5,126,453 0 0
LANVIN GROUP HOLDINGS LIMITE SHSG5380J10010,8004,500,000SHSOLE4,500,000 0 0
LANVIN GROUP HOLDINGS LIMITE*W EXP 01/14/202G5380J118201,000,000SHSOLE1,000,000 0 0
LI AUTO INCSPONSORED ADS50202M10216,221643,708SHSOLE643,708 0 0
MICRON TECHNOLOGY INCCOM595112103175,5482,020,350SHSOLE2,020,350 0 0
NETEASE INCSPONSORED ADS64110W10215,197147,655SHSOLE147,655 0 0
NEW ORIENTAL ED & TECHNOLOGYSPON ADR647581206280,8595,874,472SHSOLE5,874,472 0 0
PONY AI INCSPONSORED ADS73290810820,9532,375,666SHSOLE2,375,666 0 0
PRENETICS GLOBAL LTDSHS NEWG722451221,357346,150SHSOLE346,150 0 0
PRENETICS GLOBAL LTD*W EXP 05/18/202G72245114121,166,666SHSOLE1,166,666 0 0
QIFU TECHNOLOGY INCAMERICAN DEP88557W101227,4725,065,054SHSOLE5,065,054 0 0
RLX TECHNOLOGY INCSPONSORED ADS74969N10322,79212,123,409SHSOLE12,123,409 0 0
SEA LTDNOTE 2.375%12/081141RAF744,02330,000,000SHSOLE30,000,000 0 0
SEA LTDSPONSORD ADS81141R100763,1325,848,206SHSOLE5,848,206 0 0
SYNOPSYS INCCOM871607107134,458313,531SHSOLE313,531 0 0
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS874039100395,5202,382,650SHSOLE2,382,650 0 0
TAL EDUCATION GROUPSPONSORED ADS874080104187,55314,197,819SHSOLE14,197,819 0 0
TRIP COM GROUP LTDADS89677Q10794,8391,491,643SHSOLE1,491,643 0 0
VICARIOUS SURGICAL INCCOM CL A92561V20856986,666SHSOLE86,666 0 0