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Equity desks facing the axe as stocks underperform across Asia

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At this time last year, the industry was riding high as China's stock market soared, volumes jumped to record highs and some of the biggest names in finance boosted hiring.

Hong Kong

EVEN by the boom-bust standards of Asia's equity business, it's been a turbulent 12 months.

At this time last year, the industry was riding high as China's stock market soared, volumes jumped to record highs and some of the biggest names in finance boosted hiring. Now,

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