High demand for talent in front-line positions, securities branches face "talent shortage"

Trading in the A-share market remains active, which also drives strong demand for talent in wealth management in securities firms. The Securities Times reporter noticed that many securities firms have announced recruitment plans for customer managers, investment advisors, private wealth managers, and other frontline positions since the beginning of this year. However, despite the high demand for talent in branch offices, the recruitment progress is still slow. Some securities firms have had recruitment announcements posted for months without finding suitable candidates. Particularly in non-core cities far from financial centers, the problem of "difficulty in recruiting" is more prominent. Interviewed securities firms have stated that they are exploring long-term training mechanisms, such as through school-enterprise cooperation, clarifying career development paths, and implementing management trainee programs, to encourage the construction of talent development systems tailored to the characteristics of their respective regions, in order to address the difficulties in recruiting and retaining talent in branch offices, especially regional branches.