ExqMagJul18

COVERFEATURE
A chat with
Chairlady Chen
Han Xiao Ying
“For Singaporeans
looking to start up in
China, they have to be
clear of the rules and
regulations in China
and follow them in
order to successfully
gain access into the
market.”
— Madam Chen
Han Xiao Ying Chairlady of Jingying
International Industry Holdings
Why is Singapore an attractive place to do
business?
Before any businessman decides to invest its resources,
research and reports have to be conducted and reviewed. In
July 2017, Bain Capital’s survey report showed that the scale
of assets controlled by high-net-worth individuals in China has
reached USD5.9 trillion. Among it, the number of people that
chose Hong Kong as their first choice of overseas investment
dropped from 71% to 53% within two years.
However, investors that chose Singapore as their first choice
of country for their overseas investment increased from 15%
to 20%. Currently Singapore manages about USD1.9 trillion in
assets of which 78% comes from overseas. Morgan Stanley, JP
Morgan and other large Private Banking companies have been
setting up their China relations management team locally in
Singapore.
I think that Singapore will be another “Eastern Zurich”, a global
centre for banking and finance. In our organisation strategy,
Singapore is an important location to set foot in, even though
there are risks. I strongly believe that there is an opportunity in
every crisis. It’s an instinct that every strategic investor has.
Is it also an attractive place to stay
permanently?
Yes, I really enjoy being in Singapore. When selecting a place to
stay, the most basic consideration is the environment and food.
I grew up in the north of China where it is very cold and dry. I
like that the weather in Singapore is the same throughout the
four seasons. I do not have to worry about the weather being
too cold or too hot. I feel very comfortable here. In terms of
environment and food, Singapore is my first choice.
You are a successful entrepreneur. what is
your area of business?
Jingying International Finance (Holdings) Limited was
established in 2009 and our headquarters is located in
Melbourne, Australia. We are a multinational company,
whose vision is to build a complete integrated industry
with a stable and hedging asset investment as its core, and
capacity acquisition as a means of integrating resources. Since
its establishment, the company has been adhering to the
operating philosophy of internationalisation, capital clustering,
basic economics, and virtualised economy.
After 12 years of hard work, the group’s management of assets
has reached nearly USD3 trillion, comprising of 24 first-class
all asset investment subsidiaries and 26 top level professional
service holdings. The company has offices in Australia, United
States, Canada, Switzerland, Norway, Germany, France, Brazil,
Chile, Argentina, Singapore, etc. The company’s businesses
cover property, high-end white wine, agriculture, timber,
security, education, medical, finance, F&B, hotel management
and many other fields. We have started to achieved crossregional
and cross-industry internationalisation.
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