23 October 2018
The finance sector continues to dominate Hong Kong's professional landscape. Photo: Bloomberg
The finance sector continues to dominate Hong Kong's professional landscape. Photo: Bloomberg

LinkedIn users top 1 mln in Hong Kong, dominated by banks

LinkedIn, the world’s largest online professional network with over 347 million members globally, said the number of its Hong Kong users has surpassed one million, or one in every two professionals in the city.

Including Hong Kong, LinkedIn’s membership in the Asia-Pacific region is now more than 64 million, the California-based company said in a press release Wednesday.

Other countries in the region with more than a million members include India (over 28 million), Indonesia (over 4 million), the Philippines (over 2 million), Singapore (over 1 million), Malaysia (over 2 million), Japan (over 1 million), China (over 8 million) and Australia (over 6 million).

“Today marks a key milestone for us, signifying Hong Kong’s positive reception to LinkedIn. As one of the world’s key financial and trading centers, Hong Kong has an important role to play in the exchange of potential economic opportunities,” said Hari Krishnan, managing director of LinkedIn in Asia.

Among LinkedIn users in Hong Kong, the finance industry, where 70 of the world’s top 100 banks have established a presence, continues to dominate.

“Professionals in the sector have ingrained LinkedIn in their professional lives, highlighting their eagerness to tap into LinkedIn’s networking opportunities, up-to-date insights, influencer advice and tools to establish their professional brand,” the company said.

The financial industry also leads the most followed company pages on LinkedIn, with six of the top 10 pages representing the sector, namely, those of HSBC, JPMorgan, Standard Chartered Bank, Citi, Goldman Sachs and Morgan Stanley.

Given its entrenched presence in Hong Kong and appeal to professionals, the finance sector is expected to continue to dominate the city’s professional landscape, the company said.

As such, it is not surprising that Hong Kong has become a mecca for professionals from all over the world.

Interestingly, the top three countries that professionals relocate from are Singapore, China and the UK, it said.

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