What are the regular products of Alipay?
Alipay's regular products are mainly personal pension insurance management products of major pension insurance companies, such as Jianxin Pension Feiyuebao issued by Jianxin Pension Management Co., Ltd. and Taiping Jiujiu issued by Taiping Pension Insurance Co., Ltd., so it depends on whether Alipay's regular products are reliable or not.
The Security of Old-age Security Management Products
The risk rating of old-age security management products is mostly medium risk and low risk. Because they can be launched on a platform like Alipay, Alipay should have conducted a risk assessment on the products of the cooperative institutions. These products launched by Alipay are products of well-known pension management institutions or pension insurance companies, and the risk level of products is lower than that of similar products.
Take the monthly pension fee of CCB as an example. Its issuer is Jianxin Pension Management Co., Ltd. (referred to as Jianxin Pension Company). Jianxin Pension Company is the first professional pension management institution approved by the State Council in China with a registered capital of 2.3 billion yuan. Its shareholders include China Construction Bank and National Social Security Fund Council, with strong background. By analogy, the issuer qualification of other regular products of Alipay should not be bad, and the products issued by such institutions are more formal and reliable.
Summary: Alipay's regular products are old-age security management products, with low risk rating, good issuer qualification and high security, so investors need not worry too much.