Chinese investor-targeting website 'overwhelmed' by interest

Dedicated Chinese overseas property investment website LuckyWu.com has been ‘overwhelmed’ with interest in its first three weeks of operations, hinting at a potentially lucrative market in the Asian superpower.

LuckyWu’s managing director Sherry Madera said: “We have been overwhelmed by the worldwide interest in the site, having received calls from more than 150 property agents and developers in the first three weeks alone.

“Mainland Chinese investors have money to spend. The country has the fourth largest number of high net worth individuals in the world however until now there has been no easy means for Chinese investors and UK-based vendors to come together.

“Luckywu.com is the first property web portal to target the Chinese market and we are delighted by the amount of interest it has already generated.”

Source: OPP.org.uk