According to a Financial Times report, Shanghai would be approving six foreign funds who could secure funding from investors within China for offshore investments under the qualified domestic limited partner programme (QDLP).

Shanghai would be imposing an aggregate capital quota of USD300 million to be divided to the foreign funds. Citing people who were familiar with the matter, Canyon Partners, Man Group, Citadel, Oaktree, Winton Capital and Och-Ziff would have the opportunity to raise up to USD50 million each. Moreover, state financial authorities would be working closely with the hedge funds to ensure that the funding round and administration of the fund would be guided accordingly.

One of the sources added, that the agreement to allow foreign funds in China, however, has yet to be signed  nor given final official approval. Should the agreement would be inked, allowing foreign funds would be one small but significant step in opening a lot of possibilities for China's capital account.