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Hong Kong short on financial experts

Hong Kong officeAccording to the report released by the Hong Kong Securities Institute on the 23rd, nowadays it is difficult for Hong Kong’s financial institutions to employ professional staff, especially in the areas of financial product development,promotion,trading and support.

This survey was carried out by Lingnan University from September to December 2007 to evaluate local financial professionals. After visiting 30 local and international financial management representatives and over 800 employees with less than 3 years working experience, they issued a research report on “Financial Professional Training.”

This report indicates that Hong Kong financial institutions are recruiting in the double digits, but many respondents still complained of a difficulty to recruit enough suitable professionals. In addition, employers are generally satisfied with their staff’s performance; however, they express disappointment in the new staff’s communication skills. According to the report, communication skills, working experience and professional knowledge are the three ideal skills financial institutions seek in recruitment.

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