Airstar Bank Limited Is A Virtual Bank Jointly Established By Xiaomi Group And AMTD Group. The Chairperson Of The Board Is Lei Jun. The Current CEO Is Hu Wei.
History On May 9, 2019, Insight Fintech HK Limited, A Joint Venture Of Xiaomi Group And AMTD Group, Was Granted A Banking License By The Hong Kong Monetary Authority. The Company Is 90% Owned By Xiaomi Group And 10% Owned By AMTD Group. Insight Fintech HK Limited Was Renamed "Airstar Bank Limited" On July 15, 2019.
On March 31, 2020, Airstar Bank Started Its Trial Operation, Opening Up About 2,000 Places For Relatives And Friends Of Employees Within Airstar Bank, Xiaomi Hong Kong And AMTD Group To Participate In The Trial Operation To Collect Real User Requests And Feedback. The CEO At That Time Was Dr. Liu Xueqiao.
On June 11, 2020, Airstar Bank Announced Its Official Opening. The Initial Service Of The Opening Covers Demand Deposit, Time Deposit And Loan Services. The Company Philosophy Is To Become "everyone's Bank".
Vivian Wu As Chairman Of The Board's Advisory Committee In A Press Release Announcing The Issuance Of A Virtual Banking License By The Hong Kong Monetary Authority, Insight Fintech Also Disclosed That Vivian Wu, The Founder Of Maxim's Group, Is The Chairman Of The Board's Advisory Committee. In June 2020, When The Company Was Asked Whether The Background Of Shareholders And Advisory Members Would Have A Negative Impact On The Bank, Then-interim CEO Yao Wensong Said Only: "The Bank Will Focus On Good Services And Products, And Will Not Think Too Much About Other Things."
