{
  "crd_number": 287890,
  "slug": "dragon-capital-management-hk-limited-central-287890",
  "primary_business_name": "DRAGON CAPITAL MANAGEMENT (HK) LIMITED",
  "legal_name": "DRAGON CAPITAL MANAGEMENT (HK) LIMITED",
  "dbas": [],
  "city": "Central",
  "state": null,
  "country": "Hong Kong",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-04-02",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-06-24",
  "carried_forward": false,
  "raum_total": 168256000.0,
  "raum_discretionary": 168256000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 7375000.0,
      "count": 1
    },
    "pooled_investment_vehicles": {
      "raum": 160881000.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [],
  "websites": [
    "https://dragoncapital.com",
    "https://linkedin.com/company/dragon-capital-group-limited"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287890",
  "disclosure_items": [
    {
      "item": "11.D(1)",
      "question": "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?"
    },
    {
      "item": "11.D(2)",
      "question": "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?"
    },
    {
      "item": "11.D(4)",
      "question": "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?"
    }
  ],
  "city_as_filed": "CENTRAL",
  "url": "https://advisorcensus.com/firm/dragon-capital-management-hk-limited-central-287890",
  "display_name": "Dragon Capital Management (HK) Limited",
  "summary": "Dragon Capital Management (HK) Limited is an SEC-registered investment advisory firm in Central, Hong Kong, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 24, 2026.",
  "citation": "AdvisorCensus. Dragon Capital Management (HK) Limited (CRD 287890): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Dragon Capital Management (HK) Limited compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Dragon Capital Management (HK) Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Dragon Capital Management (HK) Limited charge?",
      "a": "Its Form ADV Part 2A brochure dated June 24, 2026 states: Asset-based fee: up to 1.1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Dragon Capital Management (HK) Limited located?",
      "a": "Dragon Capital Management (HK) Limited's principal office is in Central, Hong Kong, according to its Form ADV."
    },
    {
      "q": "Is Dragon Capital Management (HK) Limited registered with the SEC or a state?",
      "a": "Dragon Capital Management (HK) Limited is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 287890."
    },
    {
      "q": "How much does Dragon Capital Management (HK) Limited manage?",
      "a": "Dragon Capital Management (HK) Limited reports $168,256,000 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Dragon Capital Management (HK) Limited's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Dragon Capital Management (HK) Limited: Regulatory assets under management: $95,798,000 in the October 2025 data and $168,256,000 in the October 2026 data, up 76%. Total employees: 6 in October 2025 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Dragon Capital Management (HK) Limited serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1); pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Dragon Capital Management (HK) Limited report any disciplinary disclosures?",
      "a": "Reports 3 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), and 11.D(4) (another regulator's order in the past ten years). 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/287890"
    },
    {
      "q": "What changed in Dragon Capital Management (HK) Limited's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.D(1), 11.D(2), 11.D(4)). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2023-03-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2024-03-21"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 95798000.0,
      "total_employees": 6,
      "filing_date": "2025-04-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 168256000.0,
      "total_employees": 4,
      "filing_date": "2026-06-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.D(1), 11.D(2), 11.D(4)).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $95,798,000 to $168,256,000 (+76%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 24, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.1% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.1% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "With respect to SMAs, Adviser’s maximum fee rate is 1.10% annually, subject to negotiation on both terms (e.g., billing in advance or arrears) and fee rate"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.1,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "With respect to SMAs, Adviser’s maximum fee rate is 1.10% annually, subject to negotiation on both terms (e.g., billing in advance or arrears) and fee rate"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/dragon-capital-management-hk-limited-central-287890.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 7375000.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 160881000.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287890",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}