NPR

How Hong Kong's Banks Turned Chinese

As China celebrates the 20th anniversary of Great Britain's handover of Hong Kong to Chinese control, it can celebrate another type of takeover: the city's financial sector.
Weiqi Zhu, an equity derivatives trader in Hong Kong, is one of an increasing number of financial sector employees from mainland China who are dominating the city's banking sector.

Each morning, a white-shirted army of bankers fills the crosswalks of Hong Kong, stopping and starting in unison to the ubiquitous chirping of the city's crosswalk signals, a sound eerily reminiscent of a Las Vegas slot machine room. Twenty years ago the traders and account managers crossing these streets were mostly expatriates and local Hong Kongers, and when they arrived to the office, much of their business was done

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