(Washington/Shanghai Comprehensive News) Some large state -owned financial companies in China have reported that employees who have sent in Hong Kong to refund part of the bonuses that have been distributed will be repaid, showing that at the time of economic slowdown, the tightening policy of the financial industry has been further upgraded.

Bloomberg News (July 16) quoted people familiar with the matter reported that in recent months, China Everbright Group and Huarong International Holdings Co., Ltd. have requested some managers in Hong Kong to return some of the bonuses issued in the past.

People familiar with the matter said that after the central government inspected Guangda Group's main subsidiary, the local business of Guangda Holdings, the company put forward the above requirements for employees in Hong Kong, and the bonus required to be returned wasOne tenth of the total.

It is not clear how many employees are affected by this policy, and it is not clear whether it will affect the employees below the management.

Prior to this, China's financial industry restricted salary measures mainly involved mainland employees.This change marks that the State-owned Finance Group is further promoting the salary limit policy.

Bloomberg reported last month that as the Chinese government tightened the supervision of the elite of the financial industry, industry giants, including Everbright Group, CITIC Group and China Merchants Group, have requested senior employees of their financial businessThe bonus, or some salary of more than 2.9 million yuan (RMB, the same, S $ 540,000) exceeded the salary of more than 2.9 million yuan (RMB, the same, the same, S $ 540,000).

It is said that some public funds and securities firms have implemented salary limit and retirement plan.According to the Finance News Agency, there is indeed a public fund -raising measures under the China Central Enterprise to implement salary limit, requiring to return the salary that exceeds the standard from 2022.However, the payback standard is not 2.9 million yuan, but it will be returned after reaching a certain standard.

China has increased the supervision of the financial sector in recent years.In 2022, the Ministry of Finance of China issued a notice of strengthening the financial management of state -owned financial enterprises, emphasizing that financial enterprises should formulate a system of performance salary pursuit and deduction system, and apply to resigns or retirees.

With the slowdown of China's economic development, the high salary of executives in the financial sector has not been criticized again, and it has triggered the problem of discussing monopoly and compensation in the financial industry.In recent years, the measures that have promoted restrictions on executive compensation in recent years marked a huge change in the mechanism of attracting top talents with high salaries in the financial industry.

Before the salary reduction operation, China also intensively promoted Anti-corruption .According to incomplete statistics from surging news, at least 101 people were investigated in China's financial field in 2023.

This salary reduction storm may have a profound impact on China's financial market and reshape the talent demand pattern of the financial industry.Some large state -owned financial companies require employees in Hong Kong to refund the bonuses, which has also exacerbated the outside world's doubts about how long the financial center status of Hong Kong's financial center can be maintained.