Bourg
Côtes de Bourg vineyards on the banks of the Gironde.
(Image credit: CIVB)

One of China's biggest online wine retailers, Jiuxian.com, has said it raised funds with partners to buy a Bordeaux château worth up to 10 million euros.

China’s Jiuxian.com has said that it plans to invest ‘a maximum of 83 million RMB [10 million euros]’ with a consortium of partners in order to buy a Bordeaux winery, reports DecanterChina.com.

Its statement follows a flurry of activity for Chinese investors in Bordeaux this year, led by Alibaba billionaire Jack Ma’s purchase of Château de Sours.

Jiuxian.com hasn’t named a target or said where it is looking, but it said that it plans to directly import wines from the producer.

The winery purchase is planned to be conducted through Jiuxian.com’s soon-to-be-established branch company in Hong Kong.

The purchase is expected to be a joint venture of multiple investors. Jiuxian.com plans to invest a maximum of 10 million RMB of its own money.

Read the full story on DecanterChina.com

Related content:

Domaine de Courteillac sale

(Image credit: Credit Unknown)

‘Jack Ma effect’ goes on as latest Bordeaux château sells to Chinese investor

The latest Chinese investment in Bordeaux...

Vineyards in Mildura, Australia, are sprayed with water.

Vineyards in Mildura, Australia, are sprayed with water.
(Image credit: Horizon International Images / Alamy)

Chinese wine firm buys 484ha of Australian vineyards

Deal is latest in series of tie-ups...

Vineyards owned by Château Tour Saint-Fort

Vineyards owned by Château Tour Saint-Fort.
(Image credit: VineyardsChâteau Tour Saint-Fort)

Chinese investor buys St-Estèphe château

Cru bourgeois château is latest of several to be sold...

Alibaba founder Jack Ma's new manor: Château de Sours.

Alibaba founder Jack Ma's new manor in Bordeaux: Château de Sours.
(Image credit: Château de Sours)

Chinese billionaire, Alibaba founder Jack Ma, buys Bordeaux Château de Sours

China's second richest person buys Bordeaux wine estate

Chinese wine zodiac featured image

(Image credit: Credit Unknown)

New DecanterChina.com: See the Chinese wine zodiac

A new DecanterChina.com has launched to coincide with Chinese New Year...

Ningxia from Decanter Magazines

Ningxia has been tipped as China's most promising fine wine region
(Image credit: Credit Unknown)

Cabernet Sauvignon reigns in Chinese wine regions, shows report

Zhao Wei, Wine in China

Zhao Wei (red coat) at a tasting in Beijing to launch her Bordeaux wine in China.
(Image credit: Credit Unknown)

Chinese film star Zhao Wei launches Bordeaux wines

000008ceb-Bordeaux2014.jpg

(Image credit: Credit Unknown)

Chart: Chinese-owned chateaux in Bordeaux

See the charts below to view the number of Bordeaux chateaux bought by Chinese investors to date, as well as

Sylvia Wu
Sylvia Wu
Editor, Decanter China & Regional Editor - Asia and Northern & Eastern Europe
Sylvia Wu is Decanter's Regional Editor for Asia and Northern & Eastern Europe. She also works as the Editor of Decanter China platforms, overseeing Decanter’s China-focused editorial operation.