Not to be disrespectful, but when you're that rich, why Wolves?
When Abramovich took over Chelsea, it made sense (London club, decently successful at the time) and when the Sheiks took over City it also made sense (rival club to United, opportunity to utilise the Commonwealth stadium), but I don't see the same for this situation.
I mean, they're one of the founders of the league, sure, but they could go for Stoke, Aston Villa, Burnley etc. who are or have been in the Premier League recently. Is he a big fan of Wolves?
It's not an unfair point, but Wolves are exceptionally well set up for the future- probably the best in the Midlands, all told. Newly-upgraded facilities across the board, a world-class academy setup, a large and engaged fanbase- for the outlay you'd have to pay, I don't think you're likely to get much of a better deal.
There's also more trivial, spurious stuff being speculated- Gold is a lucky colour in China! Baidu's motto is essentially out of darkness cometh light!- but I'd say that the club is a very worthy asset that's been mistreated over recent years. With the obvious purchases having been grabbed, a sleeping giant like Wolves makes a lot of sense for a prospective investor looking to make a splash in the sport.