Companies / Hong Kong
Fine Wine Auctions Continue To Break Records
December 2009 | Industry Trend AnalysisAuction house Christie's has announced record fine wine sales for its late November Hong Kong auction. The auctioneer sold HKD39.9mn (US$5.15mn) of rare and fine wines, a year-on-year increase of 27%, as the market continues to shrug off initial doubts about its suitability as a fine wine trading hub to enjoy the benefits of 2008's excise duty
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