No, Ma Yun is investing in online merchant banks.Zheshang Bank
It is the 12th joint-stock commercial bank approved by the China Banking Regulatory Commission. It is called “Zheshang Bank Co., Ltd.” and the English name is “CHINA ZHESHANG BANK CO., LTD.”, the English abbreviation “CZB”. The registered capital is 115.068744 billion yuan, and the head office is located in Hangzhou. As of December 31, 2014, Zheshang Bank’s total assets reached 669.975 billion yuan, and the balance of various deposits was 363.28 billion yuan.loan
The balance was 259.023 billion yuan; the asset scale achieved the transcendence of Bohai Bank (Bohai Bank's total assets at the end of 2014 was 6671.4754 billion yuan), ranking 11th among 12 national joint-stock commercial banks.