# T.ROWE Price Hong Kong Limited

> T.ROWE Price Hong Kong Limited is an SEC-registered investment advisory firm in Central, Hong Kong, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.

- CRD: 155827
- Filed as: T.ROWE PRICE HONG KONG LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Central, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: July 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/155827
- AdvisorCensus page: https://advisorcensus.com/firm/t-rowe-price-hong-kong-limited-central-155827

## Quick answers

**How is T.ROWE Price Hong Kong Limited compensated?**
On its Form ADV (Item 5.E, October 2026), T.ROWE Price 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 T.ROWE Price Hong Kong Limited located?**
T.ROWE Price Hong Kong Limited's principal office is in Central, Hong Kong, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is T.ROWE Price Hong Kong Limited registered with the SEC or a state?**
T.ROWE Price Hong Kong Limited is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 155827.

**How much does T.ROWE Price Hong Kong Limited manage?**
T.ROWE Price Hong Kong Limited reports $42,335,297,615 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary).

**How have T.ROWE Price Hong Kong Limited's assets and staff changed since 2021?**
In the Form ADV data for T.ROWE Price Hong Kong Limited: Regulatory assets under management: $11,649,089,161 in the October 2021 data and $42,335,297,615 in the October 2026 data, up 263%. Total employees: 131 in October 2021 and 134 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does T.ROWE Price 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) (34); investment companies (17); pension and profit sharing plans (but not the plan participants or government pension plans) (8).

**Which custodians does T.ROWE Price Hong Kong Limited use?**
T.ROWE Price Hong Kong Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank & Trust Company and The Bank of New York Mellon as custodians holding 10% or more of its separately managed account assets.

**Does T.ROWE Price Hong Kong Limited report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/155827

**What changed in T.ROWE Price Hong Kong Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 50 to 59. Regulatory assets under management went from $21,824,829,224 to $42,335,297,615 (+94%). Added an office in Washington, DC.

## 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))
- State Street Bank & Trust Company
- The Bank of New York Mellon

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: $42,335,297,615
- Discretionary: $42,335,297,615
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 17 | $15,879,295,574 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 34 | $22,981,200,781 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $88,496,182 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 6 | $442,156,012 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 8 | $1,201,543,008 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $1,426,061,231 |
| Corporations or other businesses not listed above | Fewer than 5 | $316,544,827 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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

### Firm details
- Registered since: 2011 (15 years)
- Employees: 134 total, 59 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Washington, DC

### Websites listed on Form ADV (Item 1.I)
- [troweprice.com](https://troweprice.com)
- LinkedIn @t-rowe-price-hong-kong

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $11,649,089,161 | 131 | March 29, 2021 |
| October 2022 | $18,522,363,685 | 152 | September 12, 2022 |
| October 2023 | $11,877,441,043 | 131 | March 31, 2023 |
| October 2024 | $18,338,101,096 | 130 | March 28, 2024 |
| October 2025 | $21,824,829,224 | 135 | March 31, 2025 |
| October 2026 | $42,335,297,615 | 134 | July 1, 2026 |

Regulatory assets under management: $11,649,089,161 in the October 2021 data and $42,335,297,615 in the October 2026 data, up 263%.
Total employees: 131 in October 2021 and 134 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 50 to 59.
- Regulatory assets under management went from $21,824,829,224 to $42,335,297,615 (+94%).
- Added an office in Washington, DC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. T.ROWE Price Hong Kong Limited (CRD 155827): Form ADV filing data as of October 2026.