Xiaomi's Airstar marks debut as Hong Kong’s second virtual bank

Xiaomi's Airstar marks debut as Hong Kong’s second virtual bank

A man uses his mobile phone in front of a screen showing a logo of Xiaomi at the launch ceremony of the Mi Note in Beijing, January 15, 2015. REUTERS/Jason Lee

Hong Kong-based Airstar Bank, an internet-only lender backed by smartphone maker Xiaomi Corp., officially opened for business Thursday, the second virtual bank to start operation in the Asian financial hub.