China Asset Management (Hong Kong) Limited (Hong Kong)

Name: China Asset Management (Hong Kong) Limited
Address: 37/F, Bank Of China Tower, Hong Kong
Telephone: 852-3406-8688

China Asset Management (Hong Kong) Limited is a large advisory firm based in Hong Kong. It manages $6.06 billion of regulatory assets for 65 client accounts. It has been registered with the SEC as an adviser since 2013.

China Asset Management (Hong Kong) Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

China Asset Management (Hong Kong) Limited: assets under management

The assets under management (AUM) of China Asset Management (Hong Kong) Limited is $6.06 billion. The firm's AUM has grown by 65% since the beginning of its operation, and $6.06 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.21 billion in discretionary accounts and $846.26 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $124.17 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $36.79 million.

Investments

The firm invests in investment grade corporate bonds the most. They account for 59% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay China Asset Management (Hong Kong) Limited for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Quan Zhou serves?

The firm provides services to investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Quan Zhou is pooled investment vehicles with 46 clients and $4.79 billion of assets under management. Among the 9 most similar advisory firms, China Asset Management (Hong Kong) Limited has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.56 billion for 60 clients. 100% of the firm’s clients are foreign persons or businesses.

China Asset Management (Hong Kong) Limited also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at China Asset Management (Hong Kong) Limited

The company employs 68 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Quan Zhou has been acting as President since 1 Mar 2011. Xiaodong Tang joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
China Asset Management Co. Ltd	Shareholder	1 Sep 2008	75% - 100%	foreign entity
Yonghong Fan	Director	1 Sep 2008	Other	6174055
Dongming Wang	Director	1 Sep 2008	Other	6174057
Tianming Teng	Director	1 Sep 2008	Other	6174058
Haiyong Cheng	Director	1 Sep 2008	Other	6174061
Chia Ling Chen	Chief executive officer	1 Jan 2011	Other	6174064
Quan Zhou	Director	1 Mar 2011	Other	6174062
Hok Lim Chow	Chief financial officer	1 Aug 2011	Other	6174066
Long Li	Chief compliance officer	1 Apr 2012	Other	6174068
Minghui Yang	Director	1 Sep 2013	Other	6316426
Chia Ling Chen	Director and chief executive officer	1 Sep 2013	Other	6174064
Tai Hing Freeman Chia	Chief compliance officer	1 Feb 2014	Other	6316429
Hok Lim Chow	Chief operations officer	1 Apr 2014	Other	6174066
Xiaoling Zhang	Chief executive officer	1 Sep 2014	Other	5044620
Tian Gan	Director	1 Nov 2014	Other	6438032
Ka Hei Ho	Head of legal and compliance	1 Jan 2015	Other	6438031
Hok Lim Chow	Chief operating officer and chief compliance officer	1 Sep 2016	Other	6174066
Xiaodong Tang	Director	1 Jan 2018	Other	4373415
Man Kwai Chan	Chief compliance officer	1 Jan 2018	Other	6932889

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Ltd Citic Securities Co.	Shareholder	1 Oct 2006	50% - 75%	foreign entity

Based in Hong Kong

The principal office where China Asset Management (Hong Kong) Limited performs its advisory services is located at 37/F, Bank Of China Tower, Hong Kong, , which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 852-3406-8688 or by fax 852-3406-8500. The normal business hours are 8:30 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at chinaamc.com.hk.