Hongtai Aplus, a professional investment institution in China, has set up its Hainan branch, which is a private equity management company in the Sanya Central Business District (CBD). The company is the first newly established qualified domestic limited partner (QDLP) to settle in Hainan province.
The QDLP refers to a pilot fund management company that can raise funds from domestic qualified investors after passing the qualification approval and obtaining a quota, and establish a pilot fund to invest in the primary and secondary overseas markets.
On April 8 this year, Hainan province issued the Interim Measures of Overseas Investment Pilot Program of Qualified Domestic Limited Partner (QDLP) in Hainan province.
An official from the Industrial Services Department of the Sanya Central Business District Administration said that the implementation of the QDLP policy will further facilitate cross-border investment, and allow domestic and foreign investors to fully enjoy the benefits of the Hainan Free Trade Port construction.
He added that the policy will help fund companies by connecting the domestic and foreign financial markets, enhance the ability of global allocation of financial resources, and gather outstanding investment management teams and financial talents from home and abroad to settle in Sanya.