HK fintech can connect cities in Greater Bay Area

To date, Hong Kong has issued eight virtual-banking licenses. This new form of financial institution has been under the market spotlight. Ceajer Chan Ka-keung, senior adviser and chairman of local fintech startup WeLab, one of the eight licensed firms, said every bank had its own strategy but it was unlikely to trigger a price war. Including these eight virtual banks, there now are 160 licensed banking […]