ICBC (Asia) sees no undue risk in lending to Hong Kong's large property developers and will also continue to write home mortgages to support the sector's recovery, according to a senior executive. While acknowledging the headwinds in the city's property sector, such as the emergence of non-performing loans and lukewarm sales, Wang Zhiyong, head of the corporate banking department, said the sector was looking to stabilise amid government support and developers' initiatives to strengthen business. The Hong Kong subsidiary of mainland China's largest bank by total assets counts "leading" developers, including beleaguered New World Development (NWD), as its clients. Those developers were navigating the sector's challenges "relatively well", Wang said. "The loan quality is stable, and our willingness to lend is more about stabilising the existing quota," he added, playing down the possibility of a significant increase in exposure due to risk controls. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team

Tech Edge hosted a fireside chat on Feb. 14 at Nasdaq MarketSite with Vishal Saxena, Chief Technology Officer at Octus. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed CreditAI, the company’s AI solution for financial services, its recent innovations and enhancements for banks, asset managers and law firms, among other topics.Watch the interview below:About Vishal SaxenaVishal drives the global technology strategy at Octus with one goal: empowering teams to innovate at the highest level. With extensive software design and development experience from Canoe, Blackstone and S&P Capital IQ, Vishal is recognized for building high-performing, cross-functional teams that leverage innovative technology to transform the credit industry. He leads both engineering and technical product management teams, ensuring they have the tools and knowledge to stay ahead in a fast-evolving market. Armed with degrees from IIT Delhi, Georgia Tech and MIT, Vishal’s leadership keeps Octus at the forefront of innovation.In his spare time, Vishal enjoys spending time with his family, traveling to new places, watching movies, and playing chess with Magnus