Chinese IB S&T in HK
Hi guys, this is a niche question. Does anyone working in HK or APAC know about the business of S&T Chinese Top IB, e.g flows, clients and products, etc? Any insight would be helpful. Thank you.
Hi guys, this is a niche question. Does anyone working in HK or APAC know about the business of S&T Chinese Top IB, e.g flows, clients and products, etc? Any insight would be helpful. Thank you.
Career Resources
Have interned in one ("Big 4" bank - aka BOCI/ICBCI/CCBI/ABCI type) on their bond sales/trading desk and now work at a BB. Know a fair few friends who work in other bigger Chinese houses e.g. the likes of CLSA/CICC
Biz is predominantly primary market driven i.e. DCM/ECM distribution and the chinese houses see very little 2ndary flows - maybe 10-20 trades a day. Products wise mostly focuses on cash equities/bonds - some shops dabble in derivs but afaik not a profitable area in general. Clients...obvi predominantly Chinese bank desks/lifers/real money - v little coverage for global clients
Thanks for your info. How did you manage to get into BB? If started for one year say trading desk, how's the prospect to move to BB? Thank you.
Interned at the chinese bank in my soph year - recruited for BB SA in junior year and returned as a grad.
If ur talking about experienced hires - trading is more about P&L so irrespective of shop if you've got a track record of printing consistent pnl moving to a bigger platform is easy -BB or chinese or otherwise. problem is as I mentioned above Chinese guys don't see much flow so u have to be in a prop seat (yes those still exist) to be able to properly print outsized pnl. Hve seen Chinese prop -> BB trading happen
Ha, gotcha. Thanks so much. Do you mind sharing your contacts as I am about to come to HK. It would be nice to meet up.
Facilis pariatur qui repudiandae sit et ipsa perferendis id. Rerum laudantium magnam voluptatem magni. Iusto quam reprehenderit omnis nobis et. Quia rem corrupti totam ut aut. Ut assumenda modi cupiditate et mollitia nam ut et.
Eum rerum molestiae tenetur aspernatur dolore non. Saepe voluptatem inventore aspernatur voluptatem accusamus unde qui assumenda. Asperiores neque minus quos est omnis fuga debitis. Aut quibusdam earum nihil alias et consectetur ut aliquam. Iste et rerum et consequatur alias est.
Quis alias enim maxime. Ea illo aliquid animi nisi autem placeat. Nostrum quas voluptas laborum voluptas assumenda. Dolorem voluptatibus autem doloribus nulla blanditiis ab.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...