Internships at most global banks in Hong Kong don’t kick off for several weeks, but we’re already getting a better idea of who they’ve hired for the summer.
A few of the students about to embark on internships in Hong Kong have updated their online profiles and we’ve summarised some of the more impressive ones below.
If you want to get an internship yourself, here’s what you have to live up to.
This is Wan’s second internship at HSBC. But while in 2016 he was working in global trade and receivables finance, he’s now been moved to investment banking. Wan has a diverse and international resume already – he’s also done internships at KPMG in Hong Kong and at advisory boutique Alta Capital Partners in New York, according to the profile that he's posted online. Wan is studying business administration at CUHK, and like many interns he’s also done an exchange programme abroad – at McGill University in Canada. On returning to Hong Kong this year, Wan co-founded the McGill Bankers in Asia network. He boasts three scholarships and was a global finalist in the KPMG International Case Competition in 2016.
Is it possible to get an internship at a global bank if your student work experience to date has been entirely within Chinese firms? Wang's online resume suggest so. She started her internship career at the low-profile Huaneng Tiancheng Financial Leasing in Beijing, before moving to more recognised mainland employers: CITIC (in 2015) and Shenwan Hongyuan Securities (in 2016). Wang is a quantitative finance student at HKUST and will be working within Deustche’s global markets team in Hong Kong this summer.
Chang, a quantative finance classmate of Wang’s at HKUST, has garnered impressive experience during her two previous internships, although neither was at a large bank. At Penjing Asset Management last year she “developed quantitative skills while performing regression analysis on fund managers’ strategies”, while at Polarwide, a Hong Kong boutique, she “participated in sell-side and buy-side advisory” and was tasked with “preparing information memorandums and pitch books”. Chang, who has made the Dean's List three times while at college, now has an internship in Credit Suisse’s investment bank, according to her public profile.
Zhang provides yet more proof that global banks are hiring interns from HKUST’s quantative finance class this year. Like Han (and many other interns), she moved from mainland China to Hong Kong to study and is now starting to rack up internships. Zhang was at China Merchants Bank last summer, where she worked on privatisation opportunities in Hong Kong and M&A opportunities for Chinese state-owned enterprises. She also did research into the digital marketing, healthcare and gaming industries. This should stand her in good stead at Morgan Stanley, where she’s soon to start work in equity research.
Han finished in the top 0.01% in China’s gruelling university entrance exams, enough to secure her a full scholarship to CUHK, where she’s currently studying accounting and finance. She’s been clocking up internships while at college, starting with HSBC and Haitong in 2015, according to her online public profile. Last summer she worked in the real estate team at Macquarie and she’s now about to join Citi’s investment banking division. Han was the first runner-up in the Bain Cup Greater China Case Competition.
Liu is joining Wells Fargo as a sales and trading summer analyst on the back of the multiple summer and part-time internships he’s completed since 2015. He started by working in risk at Hong Kong Exchanges and Clearing and then moved to K. Wah International, where he researched investment opportunities in healthcare and energy. Liu spent two months as an assistant quant trader at Smart Wise in 2016, before getting his first role at a large bank, Nomura. He’s studying for a BSc in Quantitative Finance and Risk Management Science at CHUK and has done two short exchanges to the University of California, Berkeley and the Université Catholique de Lyon, according to his profile.
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