CICC Beijing vs bottom-tier BB Hong Kong

Hi All,

I am wondering what you guys think of CICC IBD BJ office (their HQ) vis-a-vis second or third-tier BB IBD in Hong Kong (think of DB, Barclays, CS, etc). I know CICC is no.1 Chinese IB in terms of prestige, but heard they are not doing as well compared to they did ten years ago. Specifically, which place leads to better buy-side placement or B-school opps?

Thank you.

3 Comments
 
Best Response

quite surprised on ur definition of bottom tier bb

surprised that one of the american bbs is struggling and another european bb which is going to stop china ipo are not mentioned

edit: looking at op's post record, seems he went to barclays. cs db barclays are in 3 different leagues...

its more like the top 7 bulge is the first bucket then the second bucket includes nomura db barclays etc. and the third bucket includes some random western banks

anyway, to answer op's question, i personally don't have any friends at barclays but back then when i was considering offers i did some linkedin check and surprisingly barclays placement is not very bad intake is pretty small and two to three guys placed into some well known funds, looks quite impressive when comparing to db despite the dealflow at db is stronger

cicc on the other hand is much stronger in ipo, and exit to western buyside is not common so it depends on what u wanna do if u want to continue in sellside, cicc is a good choice if u want to go buyside, barclays would be better. there is no guarantee barclays can send u to the best funds but chance would be slightly better. however, u wont be involved in most ipos in hk if u are at barclays

also i heard cicc is very dependent on ur team in bj so somebody else can chime in on this

 

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