fine wine
JD.com and Penfolds Bet Big on Future of China’s Fine Wine E-Commerce Market
The e-commerce giant expands its partnership with Penfolds as more Chinese wine connoisseurs head to online shops to avoid counterfeits. Read More
China Now World’s Largest Luxury Market: Bain Report
A new report by Bain & Company estimates that China has surpassed the US to become the world's largest luxury market. Read More
Regional Buyers, International Sellers Converge On HK’s Red-Hot Auction Market
With Christie’s, Bonhams, Beijing Poly, Ravenel, Seoul Auction, Tiancheng and United Asian Auctioneers holding overlapping auctions in Hong Kong through November 28, the city is the center of attention in the auction world this week. Read More
Amid Market Turbulence, More Chinese Investors May Turn To Art
Having relatively few investment options at their disposal, recent economic turmoil means we can expect more investors to join the ranks of China's new collectors, who have increasingly driven sales at auction houses not only in mainland China but also Hong Kong, London and New York. Read More-
Is China’s Wine Market Poised For A Rosé Boom?
China's wine market, long the domain of dry reds, is getting sweeter, more effervescent and--increasingly--pinker. Read More -
Will China’s “Bordeaux Bubble” Buoy Burgundy?
China may still be in the grips of Bordeaux fever, but the stratospheric prices for the oft-mentioned Chateau Lafite and seeming overexposure of this region may be a godsend for Burgundy wines. Read More -
Christie’s To Court Hong Kong Collectors With $8 Million “Finest And Rarest Wines” Auction (Nov 26-27)
Featuring more than 600 lots valued over US$7.7 million, highlights of the auction series include ten years of Chateau Lafite-Rothschild (1992-2002) and a jaw-dropping collection of wines from Domaine de la Romanée-Conti. Read More -
Will Whisky Be “The New Wine” In China?
Though China is still a comparatively young market for whisky of all stripes, from the rare single-malts sought after by big-city aficionados to the more popular blended varieties that are ubiquitous on bar tables from Shanghai to Kunming it is clear that the market has developed rapidly and is still growing. Read More -
Wine Auctioneers Adopt Innovative Techniques To Tap Hong Kong Market
November has been a big month for wine lovers in Hong Kong, with events like the 2nd Annual Hong Kong International Wine & Spirits Fair and the Spectrum Wine Auctions auction of the Aubrey McClendon Collection, which took place this last weekend in California and was simulcast at Crown Wine Cellars in Hong Kong. Read More -
Video: “Red Red Wine”
Recent wine auctions in Hong Kong and the rapid escalation of individual wine consumption in the mainland market indicate what many in the wine industry have dreamed about for decades is starting to come true: wine is finally beginning to capture a wider audience in China. Read More
