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Fluency in Mandarin becomes key to Hong Kong bankers' success

Experienced expats lacking language skills for mainland Chinese clients shut out

Hong Kong's financial community is finding that Mandarin language skills are becoming more important.   © Reuters

HONG KONG -- In a sign of changing fortunes in Asia's financial hub, it took almost a year for one experienced foreign private banker in Hong Kong to land a job after he was let go by his previous employer in early 2019.

The reason: Most employers said they preferred -- and were easily hiring -- Mandarin speakers for such positions.

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