China’s finance sector rocked by another sudden death amid overwork fears
AI Summary
The death of Shen Xianbing, a 40-year-old founding partner at Shanghai-based Qilin Investment, has sparked renewed concerns about overwork in China's finance sector. The announcement of Shen's death on Monday follows similar untimely deaths of other high-profile financial figures in recent years. These incidents have raised alarm about the health risks associated with the industry's intense work culture, characterized by long hours and pressure to perform. Competition among China's fund managers has intensified due to a scarcity of high-quality assets amid an economic slowdown. This pressure to meet targets is reportedly leading some to leave their jobs, highlighting the strain on individuals within the sector.
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Source Transparency
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