Putonghua rises in jobs importance

Wanted: job candidates who speak Putonghua.

In Hong Kong these days, more and more bankers need to be able to speak the language, given the increasing amount of business related to mergers and acquisitions, wealth management, corporate finance, new stock market listings and credit risk that involves mainland clients.

Mark O'Reilly, the managing director of recruitment firm Astbury Marsden Asia Pacific, said about 40 per cent of jobs in the finance industry required Putonghua skills, and that percentage was set to increase.

via Business feed http://www.scmp.com/business/banking-finance/article/1071957/putonghua-rises-jobs-importance