Alibaba’s Alipay affiliate controls how Chinese netizens spend their money; and now Alibaba Group owns a lottery operator and controls how Chinese consumers waste their money. According to news from China Money Network, Hong Kong-listed lottery operator AGTech Holdings Ltd. is selling HKD1.68 billion of shares and HKD712.6 million of convertible bonds to a company owned by both Alibaba Group and Alibaba’s affiliate Ant Financial.