Core Viewpoint - Transsion Holdings has experienced a significant decline in stock price, dropping 5.09% on October 13, with a cumulative decrease of 15.05% over the past five days, indicating potential concerns regarding the company's market performance and investor sentiment [1] Company Overview - Transsion Holdings, established on August 21, 2013, and listed on September 30, 2019, is based in Shenzhen, Guangdong Province. The company focuses on the design, research and development, production, sales, and brand operation of smart terminals, primarily mobile phones [1] - The revenue composition of Transsion Holdings is as follows: smartphones account for 83.91%, other products for 10.22%, and feature phones for 5.86% [1] Fund Holdings - Morgan Stanley's fund has a significant position in Transsion Holdings, with the "Morgan Stanley Leading Advantage Mixed Fund" (233006) being the fourth largest holding. The fund reduced its holdings by 36,100 shares in the second quarter, now holding 158,500 shares, which represents 4.07% of the fund's net value [2] - The fund has incurred a floating loss of approximately 706,800 yuan today and a total floating loss of 2,461,100 yuan during the five-day decline [2] Fund Manager Performance - The fund manager Wang Weiming has been in position for 328 days, with a total fund size of 437 million yuan, achieving a best return of 14.42% and a worst return of 5.39% during his tenure [3] - Co-manager Miao Donghang has been managing the fund for 8 years and 264 days, with a total fund size of 1.338 billion yuan, achieving a best return of 84.32% and a worst return of -23.01% during his tenure [3]