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Investment bankers in HK earn significantly more than SG peers

Finance and tech professionals in Hong Kong outearn their counterparts in Singapore, according to a Bloomberg Intelligence report. Investment-banking analysts in Hong Kong make 46% more, with an average salary of USD92,149, compared to USD63,305 in Singapore. This trend continues across roles, with associates and executive directors also earning significantly more. In the tech sector, due to talent shortages, salaries are higher in Hong Kong, impacting roles such as AI developers and data architects. Despite Singapore's rapid economic growth and its status as a thriving wealth-management hub, its finance and tech professionals generally earn less. The wage gap highlights Hong Kong's ongoing battle to maintain its position against Singapore amidst challenges including capital and talent outflows and tighter Beijing control.


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