Money funds are extremely low-risk open-end funds, and they are all legal products approved by the CSRC. Alipay is only a sales organization, so you don't have to worry about running away or going offline.
Monetary fund is an open-end fund that collects idle social funds, is operated by fund managers and kept by fund custodians. Special investment in risk-free money market instruments, different from other types of open-end funds, has the characteristics of stable income, high security, high liquidity and "quasi-savings".
Ant Wealth is an upgraded version of Ant Wealth, a one-stop financial platform under Ant Financial. On June 4, 20 17, "Fortune" was officially launched, and it was fully open to financial institutions such as fund companies and banks, and the latest AI (artificial intelligence) technology was also opened to financial institutions.