At the end of March, Alibaba and Jingdong will become the first batch of CDR pilot companies, and have already established a sponsorship agency for the domestic issuance of CDRs. Among them, the sponsor of Alibaba is Citic Securities. The pace of major changes in the Chinese capital market is approaching. Many investors are still unfamiliar with the CDR. Take a look at the video in 5 minutes and immediately understand the ins and outs of the CDR.