Jack Ma and his wife not only spent the New Year in Singapore, but also spent about 2RMB 600 million to buy a shophouse in Singapore. Netizens were dumbfounded, cast envious eyes, and asked themselves why?
Personally, I think:
Jack Ma's wife, Zhang Ying, spent a lot of money on a Singapore shophouse for the following reasons:
Asset allocation: Singapore, as one of Asia's financial centers, is a hot spot for the world's wealthy. Zhang Ying's purchase of the three shophouses is not only for risk diversification, but also for the long-term layout of the family's wealth.
Increasing influence: The purchase of these three shophouses will increase the Jack Ma family's influence in the local area, and may also pave the way for Alibaba Group's subsequent expansion.
Eyeing the new market: Jack Ma has always advocated being a low-key person and doing things in a high-profile manner. Since they have bought a large number of shops and houses in Singapore, they may have found a new business opportunity.
According to Singapore's Business Times, shophouses are historic and unique houses in Singapore. It is said that the house is three stories high, and the first floor is used as a shop, and the second and third floors can be used as private houses.
The second and third floors are mostly commercial or office buildings.