Citi CMO HK vs. CICC Beijing
Have two offers:
Citi CMO in Hong Kong. Probably in DCM.
CICC in Beijing. Probably in M&A or an industry group.
CICC, China International Capital Corp, is the top local investment bank in China, responsible for at least 30% of IPO/follow-on market share in mainland China. Now ranks around 4th to 5th in the Hong Kong. Its business is primarily focused on offerings since M&A is pretty small in China or in Asia. It hasled nearly all of the largest deals in China, like the IPO of ABC, ICBC, Sinopec, etc.
In terms of prestige, exit ops, where do you think is the better job? In terms of salary, base is about the same, CICC is around 80% of Citi.
I might want to do a business school in the US in two years.
Btw, I was born and raised in Beijing so no culture issue for me working for CICC Beijing.