Briefing: China tech giants secure Hong Kong virtual banking licenses

By Nicole Jao

May 9, 20191 min read 巨头齐聚香港!蚂蚁、腾讯、平安、小米获批虚拟银行牌照 – CaijingWhat happened: Hong Kong Monetary Authority (HKMA) today issued four more licenses for operating virtual banks. The new permits have been granted to Ant Financial, Tencent’s Tenpay, Xiaomi su…