petrus
Burgundy Bests Bordeaux At Christie’s Hong Kong
Burgundy maintained the top position at auction this weekend as the French wine varieties compete for bids from China's avid wine collectors. Read MoreBordeaux And Burgundy To Face Off At $5 Million Hong Kong Auction
After losing its position as the world's largest wine auction market to the US in 2012, Hong Kong is set to host one of its most high-profile auctions of the… Read MoreArgentina Winemakers Hope To Challenge French Dominance In China
However, with wine consumption growing not only among wealthy Chinese, but also the country's younger, urban middle-class drinkers, opportunities are arising for New World and (non-French) Old World winemakers as… Read MoreChinese Wine Collectors Turning To Pétrus
Following their love affairs with Château Lafite Rothschild then Domaine de la Romanée-Conti, it appears that Chinese collectors are investing ever more into perennial status symbol Château Pétrus. Read MoreRecent Auction Trends Could Signal Shift In China Wine Market
What really makes this past weekend's auction noteworthy is the diversity of lots on offer, and the stronger bidding for wines not usually associated with label-conscious Chinese collectors. Read MoreReport: French Dominance Of China’s Wine Market Set To Slip
France, the long-time dominant force in China's imported wine market, will see its iron grip on the industry slowly slip in the years ahead, as major exporters like Italy, Australia,… Read MoreChâteau Margaux Thinks Locally To Build China Market Share
Tipped as one of the contenders to become "the next Lafite" in China, Bordeaux heavyweight Château Margaux recently announced the hiring of a new business development manager in Shanghai to… Read MoreAsian Buyers Snub Bordeaux, But Auction Houses Insist “They’ll Be Back”
This past weekend, the cooling demand for top Bordeaux vintages among Asia's emerging wine collectors was starkly apparent at a US$2.5 million auction at Sotheby's in London. Read MoreChâteau Haut-Brion, Romanée-Conti Dominate At Christie’s Wine Auctions In Hong Kong
Coming two weeks after Acker Merrall & Condit's landmark US$14.5 million two-day sale, this Christie's series clocked in at an impressive HK$64.7 million (US$8.3 million), with 84 percent of the… Read MoreAmid 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… Read More