HK-based PE firm Boyu relocates part of operations to Singapore: Report

HK-based PE firm Boyu relocates part of operations to Singapore: Report

FILE PHOTO: The logo of Boyu Capital is seen at the company's office in Hong Kong December 11, 2013. REUTERS/Tyrone Siu

Boyu Capital, a PE firm co-founded by the grandson of former Chinese President Jiang Zemin, has relocated a part of the firm’s operations from its Hong Kong headquarters to Singapore, The Wall Street Journal reported on Monday.