Are you sure? As far as I know there is not expat. pay in CICC these days. Although it is very competitive compared with other local companies, CICC's salary level is much lower than those big names in Hong Kong. But you are right, there is almost no position these days in Hong Kong. almost everybody laid off. ........ Some people did internship at CICC, the compensation is ......... horrible.
hehe, I am sure, because the deals they are involved, their compensation is huge. while for those international IBs in hongkong, there is no big deal left in that dry market anymore. yeah, the salary at CCIC sucks big time. but consider this, all bill paid + small salary = low tax bills...
if you are in top 10, you donot need to worry about the career development of finance MBA and you are hot. But if you are out of top 10, even through you are in us, no IB will look at you.