Since the opening of eight virtual banks in Hong Kong in 2020, some of their peers have gradually moved towards profitability. Wu Zhonghao, the acting CEO of ZA Bank, said that due to the operating effect of expanding customer scale, revenue growth was recorded. Coupled with the adjustment of business strategy about a year and a half ago, it no longer relies solely on high-interest deposits to attract customers. This led to a single-month profit in July this year, becoming the first Hong Kong virtual bank to have successfully achieved monthly profits. As the market situation is still unclear, Wu Zhonghao has not yet dared to assert that profits can be maintained in the second half of the year, but he is confident that sustainable profits will be achieved in the long run.