70 percent of Chinese millennials own a home, and they are increasingly looking to buy overseas real estate, reports The Wall Street Journal (9 May 2017). According to a recent HSBC survey, this 70 percent of millenial homeowners from China make up the largest group from nine countries and regions. Juwai.com, a Chinese property website, also estimates that roughly 30% to 40% of its Chinese buyers are millennials. Tech-savvy and increasingly sophisticated, China's young property investors are now turning to their smartphones and apps in their search for property abroad.