HHLR Advisors, a fund owned by Gao Lin, announced the latest US stock holdings. On November 15, the latest 13F document showed that as of the third quarter of 2025, the total market value of HHLR Advisors' positions was US$4.09 billion, a significant increase of 31.72% over US$3.105 billion at the end of the previous quarter. HHLR Advisors is a hedge fund for Gao Lin's investment in US stocks. The secondary market investment team is responsible for management and operation. According to statistics from the 13F data platform Whalewisdom, HHLR Advisors increased their holdings by 4 stocks, reduced their holdings by 4 stocks, added 5 new stocks, and cleared 8 stocks. They have greatly increased their holdings, such as Pinduoduo, Alibaba, etc., and new companies such as Baidu Group and Manbang Group, but they have reduced their holdings of Futu Holdings, NetEase, Yixian e-commerce, etc., and cleared their stocks of JD, Vipshop, Ideal Auto, etc. The top ten holdings are Pinduoduo, Alibaba, Futu Holdings, Weiniu Securities, BeiGene, Baidu, Legendary Biotech, NetEase, Arrivent Biopharma, and Shell. China Securities held 8 seats, highlighting its long-term optimism about China's high-quality assets.

HHLR Advisors, a fund owned by Gao Lin, announced the latest US stock holdings. On November 15, the latest 13F document showed that as of the third quarter of 2025, the total market value of HHLR Advisors' positions was US$4.09 billion, a significant increase of 31.72% over US$3.105 billion at the end of the previous quarter. HHLR Advisors is a hedge fund for Gao Lin's investment in US stocks. The secondary market investment team is responsible for management and operation. According to statistics from the 13F data platform Whalewisdom, HHLR Advisors increased their holdings by 4 stocks, reduced their holdings by 4 stocks, added 5 new stocks, and cleared 8 stocks. They have greatly increased their holdings, such as Pinduoduo, Alibaba, etc., and new companies such as Baidu Group and Manbang Group, but they have reduced their holdings of Futu Holdings, NetEase, Yixian e-commerce, etc., and cleared their stocks of JD, Vipshop, Ideal Auto, etc. The top ten holdings are Pinduoduo, Alibaba, Futu Holdings, Weiniu Securities, BeiGene, Baidu, Legendary Biotech, NetEase, Arrivent Biopharma, and Shell. China Securities held 8 seats, highlighting its long-term optimism about China's high-quality assets.