<p>Airstar Bank Limited is a jointly established entity by Xiaomi Corporation, global IoT leader, and AMTD Group, Asia's leading comprehensive financial services conglomerate. Airstar Bank has been granted a banking licence by the Hong Kong Monetary Authority on 9 May 2019. We uphold the virtue of financial inclusion and dedicate to promoting financial innovation for everyone, eventually becoming "Everyone's Bank" in the heart of our customers. We pledge to all customers that they will enjoy and benefit from the most convenient virtual banking services unprecedentedly. Airstar Bank Limited is a member of the Deposit Protection Scheme. Eligible deposits taken by this Bank are protected by the Scheme up to a limit of HK$500,000 per depositor.</p>

<p>Through the use of cutting-edge technologies, Ant Bank (Hong Kong) Limited aims to deliver efficient, convenient and diversified virtual banking services, as well as innovative banking products to the community.</p>

<p>Fusion Bank Limited (“Fusion Bank”) is a licensed virtual bank in Hong Kong and a joint venture between Tencent Holdings, ICBC, Hong Kong Exchanges and Clearing Limited, Hillhouse Capital and renowned Hong Kong entrepreneur Mr. Adrian Cheng (invested via investment entity – Perfect Ridge Limited), each bringing unique expertise, experience and insight to the partnership.</p><p>‍</p>

<p>livi bank is opening its virtual doors on 12 August and inviting the community to join arefreshing banking experience designed to meet the everyday needs of people in HongKong.livi is not just any bank. livi is an easy, rewarding and lifestyle-driven banking experience,delivered through our simple and stylish mobile app. Getting started with livi is as quick asmaking a coffee – a Hong Kong mobile phone number and a HKID card are all that’s neededto register.</p><p>livi is a bank for everyone in Hong Kong. livi’s relationship is with its customers andcustomers don’t have to maintain any “relationship balances”, nor charged any fees to keeptheir account open. Naturally, the livi app has a mobile payment solution through UnionPayQR Payment, Faster Payment System (FPS) for making and receiving real-time transfers, aswell as Electronic Direct Debit Authorisation (eDDA) so customers can pull funds from theirexisting bank accounts.</p><p>“Our debut offering is just the start and there is more to come,” said David Sun, CEO of livi. “We are building our ecosystem amongst popular brands in Hong Kong tobring more amazing offers to our customers. We look forward to giving people in Hong Kongan everyday boost to their lives, with a lifestyle-driven banking experience they will enjoy.”Beyond the essentials, livi has also packed some attractive rewards and unique features.</p>

<p>Mox by Standart Chartered</p><p>Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered”), PCCW Limited (“PCCW”), HKT Trust and HKT Limited (“HKT”) and Ctrip Financial Management (Hong Kong) Co., Limited (“Ctrip Finance”) today announce the establishment of a strategic joint venture to deliver a new standalone digital retail bank in Hong Kong. The joint venture will be conducted under a new entity, which today was granted a licence to operate a virtual bank in Hong Kong by the Hong Kong Monetary Authority (“HKMA”).</p><p>Standard Chartered will hold 65.1% in the joint venture, while PCCW, HKT and Ctrip Finance will hold 10.0%, 15.0% and 9.9% respectively. The joint venture will draw on the partners’ respective strengths to reach a broader spectrum of customers and to redefine the digital banking experience in Hong Kong by:</p><ul><li>Integrating virtual banking into the service offerings to PCCW’s, HKT’s and Ctrip’s well established customer bases</li><li>Providing a suite of retail financial services and products, as well as unique telecom, entertainment and travel propositions from partners all in one place</li><li>Offering services that are personalised to customers’ circumstances, interests and needs</li><li>Ability to open accounts and apply for financial services on-the-go in real-time</li></ul>

<p>Ping An OneConnect Bank (Hong Kong) Limited (“PAOB”), a wholly-owned subsidiary of OneConnect Financial Technology Co., Ltd. (“OneConnect”) (NYSE:OCFT) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (HKEx:2318; SSE:601318), is committed to establishing a virtual banking ecosystem by optimising customer-centric services through its innovation and sophisticated technology. PAOB was granted a virtual banking licence by the Hong Kong Monetary Authority (HKMA) in May 2019. PAOB is developing diverse business segments including retail banking and SME banking.</p>

<p>WeLab’s story, fittingly, started at a bank. In 2013, a team of visionary bankers saw the inefficiencies of traditional banks and their inability to make credit accessible and simple for all consumers. So, they left their banking jobs and started WeLab. Ever since, WeLab has been focused on one ambitious vision – bringing joy to your financial journey. Because why shouldn’t your journey with money be anything less than enjoyable? Money is essential and a constant in our lives and you deserve to have a positive and fun experience with it!</p><p>With this vision, we then embarked on a journey to improve lives through game-changing technology and innovation. Leveraging big-data powered technology and our know-how in risk management, we are revolutionizing lending by delivering seamless, purely online lending experiences accessible 24/7 to underserved consumers. But lending is only our first step and only one part of your financial journey. We aim to offer a broader spectrum of financial products and services that our customers love by continuously leveraging our technology and expertise in creating customer-centric experiences.</p><p>Today, we have over 800 employees and operate market-leading online consumer credit platforms across 3 markets – WeLend in Hong Kong, WeLab Digital in Mainland China and Maucash in Indonesia. Beyond the 40+ million users who have achieved financial freedom through our consumer platforms, we have empowered hundreds of millions more through our enterprise solutions. We have become a leading technology enabler, providing the consumer lending technology we developed to leading banks and institutions, helping them launch their own fintech product and services.</p><p>Our journey has just begun. With our tech-enabled model, we are serving people’s financial needs at every life stage. We are continuing this journey by launching WeLab Bank, Hong Kong’s only homegrown virtual bank, to offer a wide range of digital financial product offerings to democratize banking and make banking fun. We continue to work tirelessly, every single day, to provide greater convenience and accessibility to financial services.</p>

<p>ZA&nbsp;Bank</p>