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Alipay fund fell to 0, can it fall again?
No, the fund will not fall to a negative number, and the probability of falling to 0 is very small. A fund may allocate a dozen or twenty stocks, and the stocks in the pool will always rise and fall, and there is almost no probability of falling to zero.

If the fund continues to fall, it will trigger the risk of liquidation. The fund will be liquidated, and after the liquidation, the remaining assets of the fund will be distributed to investors according to their shares. The assets of the fund are less than 50 million for 20 consecutive trading days, and the number of fund holders is less than 200 for 20 consecutive trading days, which will trigger the liquidation conditions.