I recently received an offer for a first-year associate position from a japanese IB, based in HK.
I thought that all the IBs in HK offer housing allowances as their standard compensation packages.
However, the HR at the company told me they do not offer housing allowances to their new employees any more, and that most of IBs in HK this year won't offer as well.
The offer I received is global standard without a housing allowance.
Everyone I talked to, who currently works in hong kong told me that I need to get a housing allowance and companies still offer housing allowances to them...
Do you have any information regarding housing allowance (especially to new employees in 2010) in HK?