HONG KONG -- ZA Bank, Hong Kong's first virtual bank, has just 200 employees in a white and mint-green themed open-plan office on the southern fringes of Hong Kong's main island -- a far cry from HSBC Holdings' grand headquarters in the Central business district, where two lion statues guard the entrance.
But ZA, co-owned by mainland online insurer ZhongAn Online P&C Insurance and Sinolink Group, has its 155-year old rival firmly in its sights as it joins the vanguard of Asia's surge into digital banking.
