RIA · CRD 300189Exempt Reporting AdviserPrivate Fund Adviser

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Aspex Management (HK) Limited

Aspex Management (HK) Limited is a ria based in Hong Kong, founded 2018; the Altss profile covers its classification, headquarters, registration, AUM band, and...

Aspex Management (HK) Limited

ASPEX MANAGEMENT (HK) LIMITED is an exempt reporting adviser in Hong Kong. It is based in Hong Kong.

General information

Firm type

RIA

Year founded

2018

Location

Region

Asia

Country

Hong Kong

City

Hong Kong

Corporate office

Hong Kong, Hong Kong, China

Principals

David I. K. Teoh

Founder and Chief Investment Officer

Hermes Li

Co-Founder and Chief Executive Officer

Sector focus

TechnologyFinancial ServicesHealthcareConsumer

Frequently asked questions

How does Aspex Management source deal flow?

Aspex leverages David Teoh's two-decade relationship network from TPG Capital Asia, along with Hermes Li's technology and deal sourcing expertise. The firm focuses on publicly listed equities, but also engages in private placements and secondary market block trades where its network provides proprietary access (per SEC filings).

What investment stages does Aspex Management target?

Aspex targets listed Asian equities with a value-oriented bias — essentially, public market companies. It has not been involved in venture capital or growth equity stages, differing from many US family offices.

Does Aspex Management use leverage or derivatives?

The firm's stated strategy explicitly avoids leverage, options, and derivatives, focusing instead on long-only concentrated equity positions. This is evident from SEC filings showing no short positions or derivative exposures.

What are Aspex Management's known top holdings?

Based on mandated SEC 13F filings, Aspex has reported significant positions in Alibaba, JD.com, Baidu, NIO, and selected Chinese bank stocks. These positions are updated quarterly but do not represent the full portfolio due to confidentiality thresholds (per SEC filings).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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