Ma Yun (4th R), founder and chairman of China's e-commerce giant Alibaba, attends the opening ceremony of MYbank in Hangzhou, capital of east China's Zhejiang Province, June 25, 2105. Alibaba-backed Internet bank "MYbank" opened on Thursday in Hangzhou. MYbank has a registered capital of 4 billion yuan (655 million U.S. dollars). The bank will center on financial services for small and micro business, as well as online consumers through the Internet platform. (Photo: Xinhua/Ju Huanzong)
