Anyone Interested in IB or PE recruiting (HK&LDN)? Happy to answer and discuss!

Monkeys, I work for a USD mega fund based in HK. Previously I was an analyst for a US bb IB based in HK and LDN. Graduated from Oxbridge. I would be happy to answer if you have any recruitment Qs in Hong Kong or London.

Some updates:
I am happy to do some complementary IB mock interviews or career advices sessions (45mins session) Please feel free to PM me.

38 Comments
 

So how's the deal flow actually like now? Heard that decent targets only take gov/SOE-related affiliated money now. Also BBs are cutting down like crazy.

Would you think the hiring is gonna get better any time soon? Asking coz I like the market a lot and ideally want to move over in a year or two

*Asking about HK here 

TIV!

 

Not sure about the trading floor, for IBD- I would say not good but getting better. Pipelines are on cycle. However, for now, I didn't see any banks hiring for a front role in Hong Kong. For lateral junior (ana/asso) hiring, you should regularly check the official career sites. Saw you work in consulting. I suggest you do networking a lot with headhunters and industry professionals to get some inside info. That will be helpful. 

 

Thanks for sharing. Meaning to ask both IB and PE

Yeah def keeping in touch with friends in HK. Getting the same vibe. Doesn't look like IB hiring is getting back soon. 

Can you elaborate a bit more on how USD/ foreign funds are doing atm? Interested in hc, pipeline, trendy sectors etc.

 

Most of PE funds put juniors in China or other countries. Like BX, Baincap, PAG, they do place junior in Hong Kong.

Recruiting in HK for PE roles-  a few (not many) shops are hiring, but not actively. Sectorwise really up 2 the firms. Growth equity in China is almost deaaaaaaad lol

 

What are associate salaries in hk ibd like, for BB versus tier 2/3 banks? Does everyone automatically get housing allowance too?

What were hours like when you was at a BB versus the fund you’re in now?

Is everyone back to working from office now in hk, full 5 days a week?

thank you!

 

What are associate salaries in hk ibd like, for BB versus tier 2/3 banks? Does everyone automatically get housing allowance too?

  • Given that I left banking at the analyst level, I give you an analyst base for your reference- 79k HKD per month
  • Yes, you'll get the housing allowance
  • I am not sure about the tier 2/3 banks 

What were hours like when you was at a BB versus the fund you're in now?

  • BB I usually left my firm around 11 pm 
  • Now, I leave around 10 pm on average

Is everyone back to working from office now in hk, full 5 days a week?

  • Yep
 
vodkainhongkong

What are associate salaries in hk ibd like, for BB versus tier 2/3 banks? Does everyone automatically get housing allowance too?

  • Given that I left banking at the analyst level, I give you an analyst base for your reference- 79k HKD per month
  • Yes, you'll get the housing allowance
  • I am not sure about the tier 2/3 banks 

What were hours like when you was at a BB versus the fund you're in now?

  • BB I usually left my firm around 11 pm 
  • Now, I leave around 10 pm on average

Is everyone back to working from office now in hk, full 5 days a week?

  • Yep

Very helpful thanks!

I assume you left banking 1 or 2 years ago now, or more recent? (Just curious as guess ANL salaries may be higher now with the industry pay rises). Is housing allowance include in your 79k figure or is on top?

How are you finding culture in hk versus london? Any major differences that stand out or took time getting used to? What are the things you like/dislike about working in hk now?

I am looking to move soon from London to hk so finding this thread super useful, thanks!

 

I gave the current average salary for analyst year one. And yes, housing allowance is included. I can’t talk more about the salary given that is confidential lol.

I am fine with living in HK. No conflict for me. But one thing about be careful about your little secret like dating stuff, ppl in here is so snoopy and your life interlocked with them so tight no matter what (Crying here…..)

 

Sharing my 2 cents here. I worked in HK for SA in BB IBD but moved over to London now.

  • work culture: slightly more relaxed in UK but still long hours! More respectful over holidays though
  • pay: substantial haircut, HK was 70kHKD per month at the time (not sure about bonus) vs London GBP60K (higher bonus figures 50-100%). Tax makes a huge difference lol
  • vibes as an Asian: definitely felt more “out of my comfort zone” in London vs. HK, in terms of office chit chat, hobbies. Also not as close with colleagues than I would be in hk (used to hang out outside of work… when you’re not in the office!) - think that’s understated
 

Thank you for doing this, would like to ask some questions as someone looking to start their career in London:

  1. How difficult is it for people working in London IB to transition to PE in HK?
  1. What about from PE in London to PE in HK?
  1. Following the above, would it make more sense to try to lateral to IB in HK and make the move to PE in HK from there?
  1. How important is the brand name of your bank? Would an MM IB background be able to break into MM PE in HK?
  1. Would being from HK and speaking Cantonese and Mandarin help with this?

I heard it is difficult to make the move as many people are looking to do so, but ideally I’d like to spend some time in IB and PE in LDN before moving back, would appreciate any insights. Thanks!

 

Minima id blanditiis delectus sunt blanditiis et reprehenderit. Quasi quis et et enim molestias. Eius cupiditate corporis at eveniet et esse.

Ut molestiae eaque cum itaque culpa. Et et ad nemo quidem deserunt deleniti ab et. Qui odio rem in. Voluptatum ut voluptatem voluptas at. Aut nostrum quis pariatur omnis perferendis distinctio sed.

Corrupti iusto nesciunt quis nam tenetur. Dolorem sint tempora sit facilis sint ut. Odit et reprehenderit tempora recusandae magnam sint qui.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”