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Why relocating Chinese see Singapore as a safe haven - Nikkei Asia

Nikkei Asia LogoNikkei Asia1w ago

Why relocating Chinese see Singapore as a safe haven - Nikkei Asia

Quick Summary

One professional at a Singaporean wealth management company said that in 2020 most of their Chinese clients were presidents of listed companies who were heading to Singapore for asset allocation and wealth management.

Hoping to attract such enterprises, Singapore places a high value on intellectual property rights protection in order to foster a good business environment and rule of law, the scholar said, and that "Singapore has done a very good job in laying out the next generation of innovation tracks, including digital assets, cryptocurrency and artificial intelligence".

After two years in Singapore, Meng Yu, a fund manager who primarily invests in the Chinese stock market, moved to Hong Kong during the pandemic.


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Article Details

Author / Journalist: Staff Writer

Category: BusinessFinanceAsia

Topics: Kong Year Financial Been Hong Singapore Country Chinese Family Offices Entrepreneurs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-19, 01:05:00

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Reading Time: 8 minutes read

Article Length: 1354 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 819

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About Nikkei Asia

Nikkei Asia Logo

Main Topics: BusinessFinanceAsia

Official Website: asia.nikkei.com

Update Frequency: 14 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 10h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #19

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