Rich China tycoons park family offices in S'pore
In the third of a six-part BT-Lianhe Zaobao series on China capital flows to Asean, we look at why Singapore is a popular base for wealthy Chinese to manage their offshore assets
Add BT as a preferred source
Singapore
MAEGAN Zhao, 37, came to Singapore with her young son three years ago to assess its living and education environment. She decided to enrol him in United World College, where he will start studying next year.
Ms Zhao's family is involved in the business of private equity and mergers and acquisitions. A large part of their investments are focused on opportunities in Beijing and Shenzhen, with property holdings in Hong Kong as well.
TRENDING NOW
DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator
What makes a good job? Feeling that you matter
A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process
Brookfield eyes further Singapore acquisitions after investing close to S$900 million
