Crisis Around the World -War/Health/Weather/Economy/Society

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Nebbermind
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by Nebbermind » Wed Aug 21, 2019 1:14 pm

phtthp wrote:
Wed Aug 21, 2019 12:47 pm
If HK youth go over to Shenzhen to work, will there be discrimination, their pay lower than the same or similar kind of job in HK ?
First, I doubt the rebels would want to go over to mainland.
Secondly, I think having a job is better than not having one, especially if there's real benefits like saving on the cost of living.
It's really up to each individual to work on their sums and see if it'll work for them

.zeit
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by .zeit » Wed Aug 21, 2019 1:57 pm

phtthp wrote:
Wed Aug 21, 2019 12:47 pm
If HK youth go over to Shenzhen to work, will there be discrimination, their pay lower than the same or similar kind of job in HK ?
Should be the same as locals. They already said same status as locals.
Discrimination is subjective and self-imposed. 港人得放下身段.
Similar or not similar kind of job depends on the jobseekers' field of expertise, relevant skills set, years of experience and sectors-in-focus in SZE.
If you get higher pay in HK, but cannot afford expensive housing, healthcare and childcare in HK, you'll still be angry. They can continue to protest and look down on mainland until it becomes One Country One System in 2047. By 2047, most of the good mgmt jobs (and first hand properties) next door would have been taken up by the early birds (which include overseas Chinese from Singapore and SEA who can now apply for greencard).

Note, there're many capable, skilled returnees from US, Australia, NZ, UK and EU competing with them too. You've seen them recently waving the PRC flags in various western cities. HK youth have to humble themselves to apply for mainland jobs, otherwise keep quiet and stay put in London, Frankfurt, Toronto, Sydney or NYC. Quite many of the young protestors are really overseas 2/3G HK returnees.

floppy
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by floppy » Wed Aug 21, 2019 3:14 pm

Currently, the starting salary for graduates in Shenzhen / Hong Kong are *drumroll*

Shenzhen ~ RMB 9,000 (SGD 1,765)
Hong Kong - HKD 12,000 (SGD 2,120)

Considering the disparity in cost of living, especially for housing, it may makes more sense to live and work in Shenzhen.

Alas, what makes sense doesn’t always appeal. It’s like telling Singaporeans to go live and work in JB (disparity in wages aside), there will be plenty who will find excuses not to (never mind that it’s two different countries). We can complain about their crime rate (higher than Singapore but lower than a lot of major cities in the world) etc and over in HK, they will complain about CN lack of “freedom” (even though very few people actually exercise the kind of freedom that will get them into trouble with Peking).
Last edited by floppy on Wed Aug 21, 2019 5:34 pm, edited 1 time in total.

phtthp
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by phtthp » Wed Aug 21, 2019 4:24 pm

Coolkidsrock2 wrote:
Wed Aug 21, 2019 12:56 pm
Livelihood affected.

https://hk.on.cc/hk/bkn/cnt/news/201908 ... 2_001.html
If the extradition law kick in, a lot of those very, very rich businessmen in HK will pull out, start buying, snapping up property in Sg like hot cake, jack up the prices of housing in Sg, until out-of-reach for an average Sg graduate, no $ to buy house. Sg become another HK one day, as property market soar upwards expensively

floppy
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by floppy » Wed Aug 21, 2019 5:17 pm

phtthp wrote:
Wed Aug 21, 2019 4:24 pm
Coolkidsrock2 wrote:
Wed Aug 21, 2019 12:56 pm
Livelihood affected.

https://hk.on.cc/hk/bkn/cnt/news/201908 ... 2_001.html
If the extradition law kick in, a lot of those very, very rich businessmen in HK will pull out, start buying, snapping up property in Sg like hot cake, jack up the prices of housing in Sg, until out-of-reach for an average Sg graduate, no $ to buy house. Sg become another HK one day, as property market soar upwards expensively
That won't happen for many reasons. So, no need indulge in fear mongering.

Firstly, the very, very rich businessmen can start buying up and snapping property in Singapore IF they want to, with or without the extradition law (and many actually do). While the law could possibly affect them, the business elites are by and large pro-Beijing, and work closely with Beijing. If they want to run-road, they would have done so a long time ago. Apart from real criminals, the main groups of people fearful of this law are the activists, pro-democracy leaders, etc. So, very little surprise that they are also the main organisers of the current unrest.

Secondly, the business elites are also an important force in the political power in HK. They made up nearly 25% of the Election Committee that select the chief executive, the very person trying to pass the bill :shock: While I don't think they would be very happy with her proposing the bill, I don't think the bill affects them that much in reality. And on legislation, the LegCo (i.e. parliament) of HK have half of its members (35 out of 70) indirectly elected through trade-based functional constituencies, i.e. representatives of various businesses in the community (the current score among this group: 24 pro-Beijing, 10 pro-democracy, 1 independent). Therefore, they are quite a powerful bloc and are able to shape / block legislation that they don't like or could adversely affect the businesses (and their owners).


Coolkidsrock2
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by Coolkidsrock2 » Wed Aug 21, 2019 7:30 pm

phtthp wrote:
Wed Aug 21, 2019 4:24 pm
Coolkidsrock2 wrote:
Wed Aug 21, 2019 12:56 pm
Livelihood affected.

https://hk.on.cc/hk/bkn/cnt/news/201908 ... 2_001.html
If the extradition law kick in, a lot of those very, very rich businessmen in HK will pull out, start buying, snapping up property in Sg like hot cake, jack up the prices of housing in Sg, until out-of-reach for an average Sg graduate, no $ to buy house. Sg become another HK one day, as property market soar upwards expensively
Sg has public housing so that an Sg graduate can still progress to private housing duly.

Personally feel that the Sg workforce is more globalized so there are more opportunities for them. There are still HK graduates who are not proficient in English.

phtthp
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by phtthp » Wed Aug 21, 2019 9:19 pm

HK impact to Singapore ?
Many are heading to Singapore for jobs in our banking sector ...

https://news.efinancialcareers.com/sg-e ... ll-bankers

Coolkidsrock2
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by Coolkidsrock2 » Thu Aug 22, 2019 7:38 am

phtthp wrote:
Wed Aug 21, 2019 9:19 pm
HK impact to Singapore ?
Many are heading to Singapore for jobs in our banking sector ...

https://news.efinancialcareers.com/sg-e ... ll-bankers
I think it depends on the area within the industry. For some, assessment/appraisal are already performed at a regional/level so that the geographical location of an individual does not matter. You can be working from the moon but your performance will be ranked against everyone within the team who may be individually in different locations.

For frontliners, they will have their own targets to meet.

Also, the competition is always present. Just have to be constantly improving self to stay ahead. 天天向上

MyPillow
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by MyPillow » Fri Aug 23, 2019 3:40 pm

ah yo... wonder when the whole thing will end,.... heading to "no positive outcome/dead road" - such a pity to see HK in this state!
Hk economy is greatly affected, lots of big banks there - hsbc, std chart, our dbs, ocbc ...

will HSBC be greatly affected , HK owned or British owned - ? ah ya, move to spore la - let us benefit if HK protesters continue ....
we dun mind seeing hsbc , Std chart setting Main Asia HQs here right :) ?!

floppy
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Re: Crisis Around the World -War/Health/Weather/Economy/Society

Post by floppy » Fri Aug 23, 2019 4:22 pm

MyPillow wrote:
Fri Aug 23, 2019 3:40 pm
ah yo... wonder when the whole thing will end,.... heading to "no positive outcome/dead road" - such a pity to see HK in this state!
Hk economy is greatly affected, lots of big banks there - hsbc, std chart, our dbs, ocbc ...

will HSBC be greatly affected , HK owned or British owned - ? ah ya, move to spore la - let us benefit if HK protesters continue ....
we dun mind seeing hsbc , Std chart setting Main Asia HQs here right :) ?!
Both HSBC and Stanchart are a UK London-based bank and the majority of their operations are not based in HK. In the case of Stanchart, the majority of their operations are already based in Singapore.

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