FYI

LinkedIn eclipses 1m members in Hong Kong

LinkedIn has announced passing the one million subscriber mark in Hong Kgon

The announcement:

HONG KONG, March 4th 2015 – LinkedIn, the world’s largest online professional network with over 347 million members globally, today announces it has surpassed the one million member mark in Hong Kong. This significant member milestone indicates that LinkedIn is the preferred professional network for over half of Hong Kong professionals.

Including Hong Kong, LinkedIn’s member base in the Asia Pacific region is now more than 64 million. Other countries in the Asia Pacific region that have more than a million members include India (28+ million), Indonesia (4+ million), the Philippines (2+ million), Singapore (1+ million), Malaysia (2+ million), Japan (1+ million), China (8+ million) and Australia (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. We at LinkedIn strive to facilitate this exchange by empowering our members,” commented Hari Krishnan, Managing Director of LinkedIn, Asia Pacific and Japan.

The finance industry within Hong Kong continues to dominate, with 70 of the world’s top 100 banks having a presence in Hong Kong[2]. Professionals and businesses within Hong Kong’s thriving financial 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.

This is also evident on LinkedIn with finance dominating the top 10 employers list:

Top 10 employers in Hong Kong
HSBCCathay Pacific

Hang Seng Bank

Hospital Authority

Standard Chartered Bank

Citi

PwC

J.P Morgan

MTR Corporation Limited

Morgan Stanley

When it comes to skills being endorsed on LinkedIn, Financial Reporting andBudgets are positioned in the top seven most endorsed skills within Hong Kong professionals, along with Team Building, Process Improvement and Team Leadership.

Within the top followed company pages on LinkedIn, the financial sector continues to lead, with six of the top ten pages representing the finance industry, including pages of HSBC, J.P Morgan, Standard Chartered Bank, Citi, Goldman Sachs and Morgan Stanley.

Given the finance sector’s entrenched presence in Hong Kong, and the sector’s appeal to professionals the sector may continue to dominate the city’s professional landscape. Without a doubt the finance sector within Hong Kong will continue to grow.

It is not surprising that Hong Kong is an attractive business mecca, with professionals flocking from all corners of the globe. Interestingly, the top three countries that professionals relocate from are Singapore, China and the UK.

Source: press release

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