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FT: Guess who is hiring investment professionals in HKno

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  1. #1

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    FT: Guess who is hiring investment professionals in HKno

    No surprise here...

    https://t.co/adgHf85WLp?amp=1


  2. #2

    Of course the Webb-site data doesn't say if the workers are mainlanders or locals - only that their employers are. Shanghai is probably growing too, but seems HK is not being replaced just yet.

    Interesting that she tweets out basically the whole article instead of just linking to it.


  3. #3

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    I have received several emails from shady agency latly !!! i don't know where they are getting my email from.


  4. #4

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    Quote Originally Posted by Elefant&Castle:
    Of course the Webb-site data doesn't say if the workers are mainlanders or locals - only that their employers are. Shanghai is probably growing too, but seems HK is not being replaced just yet.

    Interesting that she tweets out basically the whole article instead of just linking to it.
    Which is good for some of us

  5. #5

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    The days of a nearly all Asian staff reporting to a gweilo in IB are long gone and really should be given educational credentials and experience as well as the growth of the Mainland securities markets. Anyone thinking it should revert is operating on the notion of white privilege which is a crock of shit given where we are on the global map. Mainland firms such as CICC have ganied positions on the cover of prospectuses and should given issuers are Chinese Mainland companies. IMO the onset of the American firms decades ago displacing the old insular Brtish firms brought fourth more of a meritocracy and from that the market has naturally evolved as it should. Fuck the colonial British past IMO.


  6. #6

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    Quote Originally Posted by RMDNC:
    The days of a nearly all Asian staff reporting to a gweilo in IB are long gone and really should be given educational credentials and experience as well as the growth of the Mainland securities markets. Anyone thinking it should revert is operating on the notion of white privilege which is a crock of shit given where we are on the global map. Mainland firms such as CICC have ganied positions on the cover of prospectuses and should given issuers are Chinese Mainland companies. IMO the onset of the American firms decades ago displacing the old insular Brtish firms brought fourth more of a meritocracy and from that the market has naturally evolved as it should. Fuck the colonial British past IMO.
    Anglophobic bigot.
    markranson, LaurieP and Nicolaas20 like this.

  7. #7
    Quote Originally Posted by RMDNC:
    The days of a nearly all Asian staff reporting to a gweilo in IB are long gone and really should be given educational credentials and experience as well as the growth of the Mainland securities markets. Anyone thinking it should revert is operating on the notion of white privilege which is a crock of shit given where we are on the global map. Mainland firms such as CICC have ganied positions on the cover of prospectuses and should given issuers are Chinese Mainland companies. IMO the onset of the American firms decades ago displacing the old insular Brtish firms brought fourth more of a meritocracy and from that the market has naturally evolved as it should. Fuck the colonial British past IMO.
    A mainland Chinese firm doesn't necessarily benefit locals in Hong Kong, and a British firm doesn't necessarily exclude locals in Hong Kong.

    In fact, look at British banks HSBC and StanChart. How many locals do they employ? From the retail branches all the way up to senior management (sure, the very top global heads remain mostly "gweilo" but real progress has been made). They are an important employer and they provide a good living for many locals - all while bringing in the benefits and working environment of a global firm. I agree that the old days of expats taking all the plum jobs was terrible and should be gone - thankfully, this is pretty much the case.

    Right now, there is a good mix. We need to ensure that we don't go overboard and that even the top, talented expats don't come to Hong Kong. And we need to ensure that global firms continue to have a role to play in Hong Kong - it would be a sad day when the biggest banks are BOC and CCB.

    In my opinion, Singapore has a budding socioeconomic issue now with the local Singaporeans getting increasingly upset that most of their financial services firms are being dominated by expats.