Flunkies: Hong KongÆs new licensing exam is a killer

With barely a fifth of securities dealers passing the test, is the brokerage industry in peril?

Sour stock markets No problem, ride it out SARS Been there, done that Wars in the Middle East Par for the course

A securities dealing exam in Hong Kong Run for your life!

The brokerage industry in Hong Kong faces, by some accounts, the biggest menace to careers and fortunes it's seen all year "There are a lot of guys who have to take this exam and they're shitting their pants," says a dealer at a brokerage

He adds that he failed it on the first go and now must sit for it again this Saturday "I took a prep course but no one realized how hard it is to pass "

This man's not alone Since...

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