Tag Archives: Hong Kong

Yet Another Report on Heathrow

by Giles Cadman Britain’s politicians have left the British economy badly exposed by not planning for increasing airport capacity over many, many years. Instead of taking action they commission or write more reports and never get anything done. Iain Martin in the Telegraph sums it up perfectly. Another day, another deranged report on the future […]

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Strong Christies Wine Auction Shows Strength in the Fine Wine Market

by Giles Cadman The fine wine market has bounced back from an average 2012 to show good signs of growth in the first part of 2013. As always, headlines go with high value individual sales, which can misrepresent the market. A case of Chateau Petrus 1982 Pomerol fetched the top price at a Christie’s International […]

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Cognac Sales to Asia Up

by Giles Cadman Like many other spirits Cognac‘s sales have increased worldwide, with strong sales to Asia contributing to the increase in sales. Cognac exports grew by 3.2% to 168 million bottles last year according to the Bureau National Interprofessionnel du Cognac. Value growth was well ahead of volume at 16.7% with strong sales in […]

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Wine Investment in the South China Morning Post

by Giles Cadman The South China Morning Post has an intersting article on wine investment, starting with some of the negatives. A traditionalist might argue that wine is too difficult to price and of too uncertain a provenance to be a sound investment. In fact, one asset manager, who refused to be named, implied that the […]

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Large Wine Collection up for Auction in Hong Kong

by Giles Cadman In an interesting move Christies is selling wine from Henry Tang‘s collection of Burgundy bubble sealed as a marketing move. One of Asia’s most important collections of Burgundy wines will go under the hammer at a Hong Kong Christie’s auction in March. The wines, from the cellar of collector and former Hong […]

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Bloomberg on Bonhams 2012 Wine Sales

by Giles Cadman Wine auctions often have headlines about individual sales or strong overall sales for a particular auction, with no reference to sales over the year. Bloomberg has a good article looking at Bonhams sales through 2012, which is a refreshing change. Romanee-Conti Burgundy underpinned wine and spirit sales at Bonhams last year as […]

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Inside A Wine Auction

by Giles Cadman For those have never been to a fine wine auction, the video of Bonham’s first wine auction in Hong Kong is fascinating. A nice description of the demand in 2008, just after the Chinese authorities removed duty on wine.

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Wine Counterfeiting in China

by Giles Cadman The Drinks Business has a fascinating article on wine counterfeiting in China. There are some scarcely believable facts. Supply chain failings are not only exacerbating China’s counterfeit wine problem, but threatening the quality of authentic products across the region. Representatives from across the region’s wine industry took part in a logistics conference […]

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Massive Increase in US wine sales to China

by Giles Cadman Some staggering numbers in this article from Jing Daily. China has massive potential for more growth too, as rice wine is substituted with grape wine. With French imports continuing to dominate at the high-end of China’s booming wine market and domestic players battling it out at the low-end, US winemakers have moved quickly to occupy […]

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Sotheby’s Strong Sales in Hong Kong

  by Giles Cadman Sotheby’s have recently held three highly successful auctions in Hong Kong. The results were impressive: The Classic Cellar from a Great American Collector 10 Yet again, every single lot found a buyer, which continued the 100% sold record for this collection in the nine Single Owner auctions offered in Hong Kong. […]

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