IBD Landscape in HK/SG 2019

For those of you that work in the APAC region, where do you see the most activity lately? M&A, S&T, capital markets, leveraged finance?

Additionally, are boutiques/independent firms still seen as second-tier compared to their BB counterparts (as opposed to EBs like EVR/CVP/PJT in the US and LAZ/Rothschild in the EU, who command more respect in the industry)?

Lastly, is PE recruitment as aggressive and structured as it is in the US?

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