China's Plan to Spread Tech Wealth Fizzles With No CDRs in Sight

The video discusses the challenges faced by CDR funds in China, which were created to support ambitious market plans. However, due to the absence of CDRs, these funds are investing in less exciting instruments, leading to a lack of market support. Investors are locked in for three years, affecting liquidity. Policy shifts indicate a change in priorities, with no immediate plans for CDRs, impacting market dynamics.

What was the primary reason for the creation of these funds?

• To stabilize the bond market

• To invest in foreign markets

• To prepare for the listing of CDRs

• To support small cap stocks

Why are the funds currently investing in bonds and money market instruments?

• They are less risky

• They are mandated by policy

• There are no CDRs available to purchase

• They offer higher returns

Which major companies have not shown progress in issuing CDRs?

• Huawei and Lenovo

• Tencent and Baidu

• Xiaomi and Alibaba

• JD.com and Meituan

What is the duration of the lock-up period for these funds?

• Five years

• Three years

• Two years

• One year

What percentage of daily market turnover is driven by retail investors?

• 80%

• 70%

• 60%

• 50%