Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Hong Kong

Fine Wine Auctions Continue To Break Records

December 2009 | Industry Trend Analysis

Auction 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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