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Mega Chinese wool processor buys another major Victorian farm


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China's biggest buyer of Australian wool is reported to have added to his portfolio of Victorian farmland with the purchase of the historic Mawallok property near Beaufort.

Qingnan Wen, founder of Tianyu Wool, bought the historic 2000ha Lal Lal Estate at Yendon near Ballarat in 2014 which had been held by the Fisken family for six generations.

He then added another 1587 prime hectares with the purchase of Mokanger and Lewana at Cavendish near Hamilton in 2018.

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