Can Alipay still buy funds after March 2022?
Yes, but Alipay is a consignment platform, and the funds on it are all from different places. If you buy a fund on Alipay like a fund company, the fee stipulated by the fund company will be very high, generally 1.5%. If the amount of funds is small, there is no feeling, but if the amount of funds is large, it will be high. Moreover, these OTC funds are inflexible and have a certain closed period. Compared with OTC funds, there are far fewer investors in OTC funds. On-site funds are all traded, and the handling fee will be lower. There is no requirement for the funds of the exchange, as long as a securities account is opened.