The depreciation of the British pound has prompted Asian investors to flock towards the UK property market, reports Nikkei Asian Review (4 October 2016). The pound fell to a 31-year-old low on 4 October 2016 – a 13.6% fall since the referendum – and it is drawing international investors hunting for bargains, especially Chinese. According to Chinese international investment portal Juwai.com, Chinese buyer enquiries for UK properties rose 30% to 40% approximately four weeks after the referendum. "The Chinese are coming. These are not emotional buyers. They are looking for a bargain, and they have long-term faith in the U.K.," said Bernie Morris, President of UK, Europe and Middle East for Juwai.com.