Chinese toast success at HK wine auction

This is a discussion on Chinese toast success at HK wine auction within the China News forum, part of the Doing Business in China category; A mainland Chinese connoisseur splashed out $93,077 (€63,563, £58,436) for a bottle of 1982 Chateau Petrus Imperial, in another example ...

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Old Oct 5th, 2009, 08:50 PM   #1
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Default Chinese toast success at HK wine auction

A mainland Chinese connoisseur splashed out $93,077 (€63,563, £58,436) for a bottle of 1982 Chateau Petrus Imperial, in another example of how wealthy Chinese are setting records in markets from wine to property.

Hong Kong has overtaken London and New York as Sotheby’s largest wine market after the auction house this weekend sold $7.9m of rare vintage to deep-pocketed Asian collectors.

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