Sa Sa International counter uses Alipay, from Alibaba affiliate Ant Financial Services. Alibaba owns South China Morning Post. Photo: Bloomberg

‘Fintech’ buzzword draws buyers as 10b yuan fund-of-funds launched

Traditional financial institutions seek exposure to the emerging sector in hopes of synergy with existing businesses

Topic |   Banking & Finance

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Sa Sa International counter uses Alipay, from Alibaba affiliate Ant Financial Services. Alibaba owns South China Morning Post. Photo: Bloomberg
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