Chinese expertise bankers in Hong Kong face a tough job market due to US-China tensions and decreased IPOs.

Bankers with Chinese expertise in Hong Kong, once high-flying professionals sought after by global firms, are now facing a tough job market due to US-China tensions and the drying up of IPOs. Many are still searching for work while grappling with high living costs and the fear of not reaching rock bottom. Just five years ago, Hong Kong was a financial nexus rivaling New York, but rising tensions and economic uncertainty have left the city's bankers struggling.

March 24, 2024
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