HK 2020SA - Return Offer Rate?
Anyone with any insights on this? Worried about the conversion rate. Particularly interested in CS/UBS/BAML/DB.
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Interested too. Needless to say the return rate will be impacted, but given that some of the summer classes at the above mentioned banks are significantly smaller than their US/UK ones (
Interested as well, would be great if any ft bankers may shed some light on this. Btw, also quite interested in what other banks (GS/MS/JPM) HK offer rates may be like this year compared with its past.
HK is in a serious recession - first from 5 solid months of protests followed by impact of COVID (although of course that's not HK-specific). Moreover a general slowdown in China due to trade war, government policies, etc. is a further dampener to new issuances. Things will be tough for a while. That said, I don't know if even the banks know yet what their return offer % will be.
Do you see a huge hit to SA 2021 recruiting in HK?
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