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Average Equity Analyst Salary in China for 2026

An equity analyst in China earns about 417,100 CNY a year. That's 19% above the national average of 351,900 CNY.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in China sit around 201,100 CNY a year, while the very top stretches to 659,400 CNY. Everything on this page is in Chinese yuan (CNY, symbol ¥), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in China, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does an equity analyst make in China?

Average salary
417,100 CNY
34,758 CNY per month
Lowest reported
201,100 CNY
16,758 CNY per month
Highest reported
659,400 CNY
54,950 CNY per month

A typical equity analyst working in China brings home around 34,758 CNY a month before tax. Entry-level pay starts near 201,100 CNY, and the top of the ladder reaches roughly 659,400 CNY for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior equity analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How equity analyst pay ranges in China

A good way to think about salary in China is to look at the distribution rather than the headline average. Half of all equity analysts in China earn less than 433,800 CNY a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 288,100 CNY (the 25th percentile), and a quarter clear 566,900 CNY (the 75th percentile). The middle 50% of equity analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 201,100 CNY. The highest stretch to 659,400 CNY, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

201,100
Low
433,800
Median
659,400
High
288,100
25th
566,900
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in CNY

Equity analyst pay by experience in China

Years of experience is the single biggest lever on pay for an equity analyst in China, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical equity analyst salary changes as you move through the career ladder.

  • 0-2 Years
    233,900 CNY
  • 2-5 Years
    +42% from previous
    332,100 CNY
  • 5-10 Years
    +32% from previous
    437,900 CNY
  • 10-15 Years
    +23% from previous
    539,800 CNY
  • 15-20 Years
    +6% from previous
    573,500 CNY
  • 20+ Years
    +9% from previous
    627,900 CNY

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 42%. That is the point at which a equity analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Equity analyst pay by education in China

Education sits alongside experience as one of the biggest factors driving equity analyst pay in China. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average equity analyst salary in China broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    294,700 CNY
  • Bachelor's Degree
    +58% from previous
    466,900 CNY
  • Master's Degree
    +33% from previous
    619,800 CNY

Equity analyst gender pay gap in China

The gender pay gap is a stubborn feature of almost every labour market, and China is no exception. Male equity analysts in China earn an average of 437,300 CNY a year, while female equity analysts earn around 409,000 CNY. That works out to a 7% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Equity Analyst gender pay gap

6%

Men earn this much more than women on average in China.

Men 437,300 CNY
Women 409,000 CNY

Pay raises for an equity analyst in China

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in China sees a raise of about 12% every 15 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in China, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in China:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education
    2%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Equity analyst bonus rates in China

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

59%

59% of equity analysts in China reported a bonus of some kind in the past twelve months. That makes an equity analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 41% of equity analysts reported no bonus at all over the same period.

Which careers pay bonuses in China

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Equity analyst: public vs private sector pay

Public-sector pay in China is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in China on average.

Public sector 362,200 CNY
Private sector 341,400 CNY

Equity analyst salary by city and region in China

Equity analyst pay is not even across China. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • Guangdong
  • Henan
  • Shandong
  • Chongqing (city)
  • Guangzhou
  • Hebei
  • Hangzhou
  • Zhejiang
  • Shanghai (city)
  • Jiangsu
LocationTypeAverageMedianRange
GuangdongRegion528,500 CNY507,300 CNY273,000-810,400 CNY
HenanRegion518,300 CNY528,500 CNY252,300-808,000 CNY
ShandongRegion510,300 CNY467,700 CNY273,000-769,500 CNY
Chongqing (city)City498,000 CNY539,800 CNY228,000-791,600 CNY
GuangzhouCity489,600 CNY507,300 CNY233,600-767,000 CNY
HebeiRegion489,600 CNY459,700 CNY259,100-743,300 CNY
HangzhouCity489,500 CNY450,300 CNY265,000-741,500 CNY
ZhejiangRegion487,600 CNY514,800 CNY228,000-768,900 CNY
Shanghai (city)City487,600 CNY487,600 CNY243,000-757,300 CNY
JiangsuRegion483,400 CNY464,400 CNY249,600-739,500 CNY
JinanCity478,100 CNY457,300 CNY246,500-727,100 CNY
Beijing (city)City478,000 CNY478,000 CNY239,000-743,100 CNY
SichuanRegion475,700 CNY492,700 CNY227,600-745,000 CNY
Xi anCity472,000 CNY510,200 CNY216,800-751,700 CNY
YunnanRegion471,700 CNY480,600 CNY231,000-735,500 CNY
HunanRegion466,900 CNY431,100 CNY253,400-705,500 CNY
LiaoningRegion464,900 CNY501,400 CNY212,500-739,500 CNY
ChengduCity462,300 CNY433,400 CNY245,300-702,800 CNY
AnhuiRegion459,700 CNY430,000 CNY240,500-696,700 CNY
HarbinCity459,300 CNY440,200 CNY238,900-704,300 CNY
WuhanCity457,300 CNY457,300 CNY227,600-707,700 CNY
JiangxiRegion455,400 CNY455,400 CNY227,600-706,200 CNY
NanjingCity455,400 CNY447,300 CNY232,400-701,400 CNY
FujianRegion451,000 CNY476,600 CNY209,500-712,100 CNY
HubeiRegion451,000 CNY476,600 CNY209,500-712,100 CNY
SuzhouCity450,300 CNY478,000 CNY210,500-714,300 CNY
ShenzhenCity450,300 CNY471,700 CNY216,800-709,600 CNY
Tianjin (city)City447,300 CNY454,900 CNY217,900-696,700 CNY
GuangxiRegion445,100 CNY445,100 CNY222,300-688,900 CNY
ShenyangCity444,300 CNY480,300 CNY204,000-707,700 CNY
HeilongjiangRegion440,200 CNY431,300 CNY225,300-681,900 CNY
WenzhouCity437,300 CNY447,300 CNY214,000-681,500 CNY
ShaanxiRegion433,800 CNY462,300 CNY204,000-689,900 CNY
ShantouCity431,300 CNY417,200 CNY225,300-663,200 CNY
DongguanCity425,100 CNY409,000 CNY222,300-650,700 CNY
JilinRegion420,800 CNY437,900 CNY204,700-663,200 CNY
GansuRegion420,100 CNY386,400 CNY228,500-637,500 CNY
QingdaoCity419,400 CNY450,300 CNY192,600-663,100 CNY
Chongqing (region)Region417,200 CNY424,900 CNY205,700-649,700 CNY
GuizhouRegion414,000 CNY431,100 CNY197,600-646,600 CNY
Shanghai (region)Region413,900 CNY396,300 CNY214,000-631,200 CNY
ChangchunCity411,400 CNY411,400 CNY204,000-638,700 CNY
ShanxiRegion406,300 CNY406,300 CNY204,700-628,000 CNY
FuzhouCity401,300 CNY411,400 CNY195,200-628,000 CNY
ChangshaCity394,500 CNY421,400 CNY187,500-626,800 CNY
XiamenCity394,300 CNY386,400 CNY201,100-607,400 CNY
Xinjiang UygurRegion394,300 CNY369,300 CNY208,600-598,600 CNY
DalianCity392,300 CNY424,300 CNY180,500-623,700 CNY
QuanzhouCity392,300 CNY424,300 CNY180,500-623,200 CNY
KunmingCity388,100 CNY375,200 CNY204,700-595,300 CNY
FoshanCity386,400 CNY386,400 CNY191,600-598,600 CNY
Nei MonggolRegion384,500 CNY361,500 CNY205,700-588,500 CNY
Beijing (region)Region382,600 CNY377,200 CNY196,800-592,600 CNY
HainanRegion381,800 CNY411,400 CNY174,000-603,400 CNY
Tianjin (region)Region378,800 CNY411,400 CNY174,000-603,400 CNY
WuxiCity376,800 CNY361,600 CNY196,800-573,500 CNY
Xizang [Tibet]Region375,200 CNY367,900 CNY192,000-574,200 CNY
QinghaiRegion367,200 CNY376,800 CNY180,500-575,100 CNY
NingxiaRegion366,200 CNY359,900 CNY187,300-562,600 CNY
ZhengzhouCity363,000 CNY363,000 CNY183,600-565,100 CNY


Equity Analyst in China: FAQs

  • How much does an equity analyst make per month in China?

    An equity analyst in China earns about 34,758 CNY a month before tax, based on an annual average of 417,100 CNY.

  • What's the salary range for an equity analyst in China?

    Entry-level equity analysts in China start near 201,100 CNY. Top-end pay reaches around 659,400 CNY. The middle 50% of earners sit between 288,100 and 566,900 CNY.

  • Is the median equity analyst salary in China higher or lower than the average?

    The median is 433,800 CNY, higher than the average of 417,100 CNY. Half of equity analysts in China earn below the median, half earn above it.

  • What's the gender pay gap for equity analysts in China?

    Men working as an equity analyst in China earn around 7% more than women on average (437,300 vs 409,000 CNY a year).

  • Do equity analysts in China get bonuses?

    About 59% of equity analysts in China reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do equity analysts earn more in the public or private sector in China?

    In China, the public sector pays an equity analyst about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do equity analysts in China get a pay raise?

    An equity analyst in China sees a raise of around 12% every 15 months, equivalent to roughly 10% a year.