Yes, investors can buy closed-end funds on Alipay platform. Closed-end funds have a fixed term. Closed-end funds cannot be redeemed in advance before they expire. Closed-end funds are closed after their establishment, and nothing can be done during the closed period. If they want to buy and redeem, they need to wait until the fund is listed or traded on a regular open day. The closure period is subject to the fund contract.

Alipay is a fund agent, equivalent to a middleman. There are many types of funds on the platform, and investors can choose the right products according to their own needs.