Rupert Hoogewerf

Investors from China are not discouraged by the upcoming Brexit, the exit of Britain from the EU, says Hurun China Rich List founder Rupert Hoogewerf on his second tour with twelve Chinese investors through the UK, he tells the China Daily.

The China Daily:

Twelve Chinese investors attended the event as part of a weeklong tour of the United Kingdom in search of opportunities.

Ruper Hoogwerf, chairman of Hurun and organizer of the trip, said the fact that Britain is in the process of leaving the European Union does not trouble Chinese entrepreneurs at the individual level.

“Most of the interest today is either to send children to school here, or to buy real estate for long-term investments,” he said. “Not one of these entrepreneurs this year and last year was particularly concerned, so it wasn’t really relevant.”

At this year’s event, the companies making pitches were scale-ups, rather than start-ups. Hoogwerf said the event focused on start-ups last year but that “was actually a little bit too much for these people to swallow, so we think that the idea of scale-ups is potentially a much better way of doing it”.

Hoogwerf said several investors had shown interest in some of the presentations.

More in the China Daily.

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