Finance and technology professionals are generally better paid in Hong Kong than in Singapore, with investment banking analysts earning 46 percent more than in the Southeast Asian city-state, according to Bloomberg Intelligence. Analysts make an average of US$92,149 (HK$718,762) a year in Hong Kong, compared with US$63,305 in Singapore, according to a BI report published yesterday.

The trend extends to associates, who make almost US$123,000, or 36 percent, more than peers in Singapore, BI said. Executive directors at investment banks earn about 13 percent more in Hong Kong. Relationship managers in the SAR make almost US$128,000, or 13 percent, more than in Singapore. Additionally, professionals in the tech industry, ranging from AI developers to data and application architects, tend to command higher salaries in Hong Kong, partly due to a shortage of talent, BI said.

Bloomberg

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