Chan Wing-fu, a senior analyst in the banking and fintech industry at Bloomberg Industry Research, said that it is expected that in 2024, due to the rapid growth of revenue and the stable cost base, the comprehensive loss of Hong Kong virtual banks will be reduced to HK $2 billion or less; operating expenses may fall below HK $3.20 billion. Last year, eight virtual banks generally recorded a growth in net interest income. MOX BANK, Fu Rong Bank, Rihui Bank and Ant Bank (Hong Kong) recorded a growth of more than 100%, but PAO Bank and Star Bank's net interest income decreased compared with the previous year, down 14% and 32% respectively. In addition, Ant Bank has the smallest loss, and the net loss after tax in 2023 is about HK $180 million.