Hillhouse Capital's HHLR increases investment in Chinese assets in the first quarter, acquiring multiple new holdings in Chinese concept stocks.

Gao Ling's independent fund management platform HHLR Advisors, focusing on secondary market investments, has released the US stock holding data as of the end of the first quarter of 2025. The 13F filing shows that HHLR's total market value of holdings increased from $2.87 billion at the end of the previous quarter to $3.539 billion in the first quarter, an increase of nearly 23%.