Investment Banking Exits in Hong Kong - Is it a desert out there?

On this forum there is not a lot of information on Hong Kong. Rumor has it that good exits that can match BB pay are very scarce.

If you are currently in or worked in banking before (in Hong Kong), I would love to hear more about your experience exiting.

If you left, what jobs did you take and what was the corresponding salary offered?
If you are working in banking currently and trying to exit, what's your experience - is it as hard as others on this forum have alluded to?
Lastly, if you chose to stay, why go the career banking route?

Looking forward to hearing everyone's experiences.

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Based on the most helpful WSO content, the landscape for investment banking exits in Hong Kong seems to be nuanced and varies depending on several factors, including the individual's background, the specific sector of finance they're in, and the broader economic and political context.

Exiting to Other Opportunities:
- The information provided doesn't specify exact exit opportunities or salaries for those leaving investment banking in Hong Kong. However, it's noted that the environment has become more challenging over the years. This suggests that while exits are possible, the competition might be stiff, and the opportunities might not always match the compensation levels of bulge bracket banks (BB).
- For those with a strong background, such as experience in top Chinese investment banks or elite boutiques, and education from top universities (e.g., HKU, HKUST, CUHK), the brand names and experiences could potentially open doors, although the transition might not be straightforward due to the lack of a structured recruitment pipeline in some firms.
Current Bankers Looking to Exit:
- The context doesn't directly address the experiences of current bankers trying to exit. However, it implies that the market dynamics and the competitive landscape in Hong Kong might make it challenging to find comparable exit opportunities, especially given the preference for mainlanders in some sectors and the evolving political and economic landscape.
Choosing to Stay in Banking:
- The decision to stay in investment banking might be influenced by various factors, including personal career goals, the appeal of working in a dynamic financial hub like Hong Kong, and the potential for high compensation in banking roles. The context suggests that for some, Hong Kong remains an attractive place to build a career in finance, despite the challenges.

In summary, while the context doesn't provide specific exit stories or salary details, it highlights the complexity of the Hong Kong finance job market. Factors such as individual background, the specific finance sector, and broader market conditions play a crucial role in shaping exit opportunities and experiences.

Sources: The future of Hong Kong high finance, Q&A: HK IBD, The future of Hong Kong high finance, A Few Observations on Investment Banking Exit Opportunities, Q&A: HK IBD

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