# China Asset Management (Hong Kong) Limited

> China Asset Management (Hong Kong) Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 166615
- Filed as: CHINA ASSET MANAGEMENT (HONG KONG) LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166615
- AdvisorCensus page: https://advisorcensus.com/firm/china-asset-management-hong-kong-limited-hong-kong-166615

## Quick answers

**How is China Asset Management (Hong Kong) Limited compensated?**
On its Form ADV (Item 5.E, October 2026), China Asset Management (Hong Kong) Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is China Asset Management (Hong Kong) Limited located?**
China Asset Management (Hong Kong) Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV.

**Is China Asset Management (Hong Kong) Limited registered with the SEC or a state?**
China Asset Management (Hong Kong) Limited is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166615.

**How much does China Asset Management (Hong Kong) Limited manage?**
China Asset Management (Hong Kong) Limited reports $23,904,220,265 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (98% discretionary).

**How have China Asset Management (Hong Kong) Limited's assets and staff changed since 2021?**
In the Form ADV data for China Asset Management (Hong Kong) Limited: Regulatory assets under management: $7,843,255,399 in the October 2021 data and $23,904,220,265 in the October 2026 data, up 205%. Total employees: 69 in October 2021 and 104 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does China Asset Management (Hong Kong) Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (44); corporations or other businesses not listed above (12); banking or thrift institutions (7).

**Which custodians does China Asset Management (Hong Kong) Limited use?**
China Asset Management (Hong Kong) Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists China Citic Bank International Limited, China Merchants Bank Co., Ltd., Hong Kong Branch and Industrial Bank Co., Ltd., Hong Kong Branch as custodians holding 10% or more of its separately managed account assets.

**Does China Asset Management (Hong Kong) Limited report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), 11.D(3) (another regulator's finding of causing a business's authorization to be denied, suspended, revoked, or restricted), 11.D(4) (another regulator's order in the past ten years), and 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/166615

**What changed in China Asset Management (Hong Kong) Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 16 to 23. Regulatory assets under management went from $12,746,807,360 to $23,904,220,265 (+88%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- China Citic Bank International Limited
- China Merchants Bank Co., Ltd., Hong Kong Branch
- Industrial Bank Co., Ltd., Hong Kong Branch

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $23,904,220,265
- Discretionary: $23,309,674,401
- Non-discretionary: $594,545,864

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | 7 | $1,414,627,305 |
| Pooled investment vehicles (other than investment companies and business development companies) | 44 | $19,567,397,477 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $527,247,200 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $241,883,662 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $935,522,480 |
| Corporations or other businesses not listed above | 12 | $1,217,542,141 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters

### Firm details
- Registered since: 2013 (13 years)
- Employees: 104 total, 23 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(3): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/166615

### Websites listed on Form ADV (Item 1.I)
- [chinaamc.com.hk](https://chinaamc.com.hk)
- [mp.weixin.qq.com/mp/profile_ext](https://mp.weixin.qq.com/mp/profile_ext)
- LinkedIn @chinaamchk
- X @CHINAAMCHK2008
- YouTube @ChinaAMC-HK

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,843,255,399 | 69 | March 19, 2021 |
| October 2022 | $7,159,417,008 | 79 | March 31, 2022 |
| October 2023 | $5,259,181,483 | 83 | March 31, 2023 |
| October 2024 | $7,166,417,121 | 94 | March 27, 2024 |
| October 2025 | $12,746,807,360 | 94 | March 31, 2025 |
| October 2026 | $23,904,220,265 | 104 | March 31, 2026 |

Regulatory assets under management: $7,843,255,399 in the October 2021 data and $23,904,220,265 in the October 2026 data, up 205%.
Total employees: 69 in October 2021 and 104 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 16 to 23.
- Regulatory assets under management went from $12,746,807,360 to $23,904,220,265 (+88%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. China Asset Management (Hong Kong) Limited (CRD 166615): Form ADV filing data as of October 2026.