Employment
Approximately 23.1% of Koreans in Hong Kong work in the finance, insurance, real estate, or business services field; one of the highest proportions out of all ethnic minorities. Among those 23.1% are an estimated 300 who work in the Hong Kong offices of major investment banks; most studied at universities in the United States before returning to Asia to take their present positions. One of the more notable examples is Chi-Won Yoon, who was appointed country head and CEO of UBS AG's Hong Kong branch in March 2008 after two decades of industry experience. The South Korean consulate's report to MOFAT stated that the number of South Koreans in the financial industry was negatively affected by the financial crisis beginning in 2008, but numbers employed in other sectors have actually increased since that time.
Tsim Sha Tsui's Kimberley Street, a side street off of Kimberley Road, also boasts a small concentration of Korean restaurants and grocery stores owned by long-term Korean residents of Hong Kong, and has been dubbed Hong Kong's "Little Korea" as a result.
Read more about this topic: Koreans In Hong Kong
Famous quotes containing the word employment:
“As long as learning is connected with earning, as long as certain jobs can only be reached through exams, so long must we take this examination system seriously. If another ladder to employment was contrived, much so-called education would disappear, and no one would be a penny the stupider.”
—E.M. (Edward Morgan)
“It is easier for a man to be thought fit for an employment that he has not, than for one he stands already possessed of, and is exercising.”
—François, Duc De La Rochefoucauld (1613–1680)
“What exercise is to the body, employment is to the mind and morals.”
—Henry David Thoreau (1817–1862)