Unassociated Document

	(a)	Name of Persons Filing

		This Schedule 13G is being filed on behalf of Chaview Investments Limited (“Chaview”), AIF Capital Asia III, L.P. (“AIF”) and AIF Capital Asia III GP Limited (“AIF GP”) (collectively, the “Reporting Persons”). AIF is the sole shareholder of Chaview, and AIF GP is the general partner of AIF. The Reporting Persons have entered into a Joint Filing Agreement pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended. A copy of the Joint Filing Agreement is attached to this Schedule 13G as Exhibit 1.

	(b)	Address of Principal Business Office or, if none, Residence

		The business address of Chaview is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands.

		The business address of AIF is P.O. Box 309, Ugland House, South Church Street, George Town, Grand Cayman KY1-1104, Cayman Islands.

		The business address of AIF GP is P.O. Box 309, Ugland House, South Church Street, George Town, Grand Cayman KY1-1104, Cayman Islands.

	(c)	Citizenship

		Chaview is a limited liability company incorporated under the laws of the British Virgin Islands.

		AIF is an exempted limited partnership formed under the laws of the Cayman Islands.

		AIF GP is an exempted limited liability company incorporated under the laws of the Cayman Islands.

	(d)	Title of Class of Securities

		Class A Ordinary Shares, par value US$0.0001 per share

	(e)	CUSIP Number

		16112R101

1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Chaview Investments Limited
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION The British Virgin Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER 5,000,000 shares
		6	SHARED VOTING POWER 0
		7	SOLE DISPOSITIVE POWER 5,000,000 shares
		8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,000,000 shares
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 24.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO

1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) AIF Capital Asia III, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION The Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER 5,000,000 shares
		6	SHARED VOTING POWER 0
		7	SOLE DISPOSITIVE POWER 5,000,000 shares
		8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,000,000 shares
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 24.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC

1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) AIF Capital Asia III GP Limited
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION The Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:		5	SOLE VOTING POWER 5,000,000 shares
		6	SHARED VOTING POWER 0
		7	SOLE DISPOSITIVE POWER 5,000,000 shares
		8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,000,000 shares
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 24.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC

	(a)	Name of Issuer

		Charm Communications Inc.

	(b)	Address of Issuer’s Principal Executive Offices

		26th Floor, Tower A, Oriental Media Center 4 Guanghua Road, Chaoyang District Beijing 100026 People’s Republic of China

(a)	Amount beneficially owned: 5,000,000 shares, representing Class A ordinary shares into which the 5,000,000 Class B ordinary shares held by the Reporting Persons are convertible.

(b)	Percent of class: approximately 24.1%, based on 20,760,102 Class A ordinary shares, which includes 15,760,102 issued and outstanding Class A ordinary shares as of December 31, 2010, according to the information provided by the Issuer on Februry 11, 2011, plus the 5,000,000 Class A ordinary shares into which the 5,000,000 Class B ordinary shares held by the Reporting Persons are convertible.

(c)	Number of shares as to which the Reporting Persons:

	(i)	Sole power to vote or to direct the vote: 5,000,000 shares

	(ii)	Shared power to vote or to direct the vote: 0

	(iii)	Sole power to dispose or to direct the disposition of: 5,000,000 shares

	(iv)	Shared power to dispose or to direct the disposition of: 0

Date: February 14, 2011	Chaview Investments Limited

	By:	/s/ Stephen Lee
		Name: Stephen Lee
		Title: Director

	AIF Capital Asia III, L.P.

	By:	AIF Capital Asia III GP Limited, as general partner
	By:	/s/ Theresa Yuk Mui Chung
		Name: Theresa Yuk Mui Chung
		Title: Director

	AIF Capital Asia III GP Limited
	By:	/s/ Theresa Yuk Mui Chung
		Name: Theresa Yuk Mui Chung
		Title: Director