According to Jinse Finance, eight virtual banks in Hong Kong have been operating for about four years. In an interview with 21st Century Business Herald, Hui Li Bank CEO Lung Pui Chi stated that "virtual bank" is a strange name, as it's not used anywhere else in the world. For ordinary customers, it's difficult to understand why they're called virtual banks, because they are not virtual; they have offices and employees. This name might have caused some misunderstandings, and regulators have heard different opinions suggesting a name change.

In addition, Hui Li Bank Executive Director and CEO Li Ka Tat mentioned that if the Federal Reserve lowers interest rates, the cost of funds will only decrease, resulting in a larger funding gap, which is a positive development.