While assessment for learning (AfL) has been strongly promulgated by an increasing number of education systems internationally, little research is available that investigates students’ responses to such AfL innovations, particularly in a Chinese learning context. There is a need to research and evaluate the AfL practices introduced and their impact on student learning approaches. This study focused on students’ perceptions of AfL practices and the relationships these have with students’ learning approaches. The study investigated perceptions of AfL practices experienced by students (N = 582) at three universities in mainland China and Hong Kong. Results indicated that student AfL experience positively influenced their learning approaches. Results revealed that all dimensions of students’ perceived AfL experience (i.e., engagement with subject matter, teacher support, and peer support) were found to be significantly positively correlated with students’ tendency to use a deep approach to learning, suggesting that in the Chinese and Hong Kong university environment, AfL practices contribute to students adopting a meaningful approach to learning.