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Quantitative finance themed contest kick off in Hengqin
By Xu Zhenhao,  
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The 1st China (Hengqin) Quantitative Finance Contest was held in late May at the Innovation Valley Headquarters, with winners receiving prizes, opportunities for internship and training and even job offers from domestic fund management companies. According to the organizing committee, the contest is a good way for financing institutions to qualify and recruit students from universities throughout the Chinese mainland, Hong Kong, Macao and Taiwan.

Currently, the financing industry is booming in Hengqin. By April, there were 4,594 financial enterprises with registered capital of 614.1 billion Yuan (US$89.6 billion) operating on the island. Therefore, recruitment and building up a reserve of qualified personnel is not only the top priority for these enterprises but also vital to development of the local economy. Besides the contest, universities and R&D organizations are also cooperating by other means to qualify personnel.