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Eye On Asia (Part 1): Bordeaux Still Top of China’s List

In the last five years there can be no denying that China has been pushing the fine wine market skyward almost single-handedly. No one could have predicted the demand from the Far East which has seen prices for certain wines skyrocket.  In 2012 Christie’s sold over £23 million worth of fine wine at just nine […]

 

Capital Vintners: Eye on Asia

We all know that the Chinese wine market has boomed over the last few years, but recently there has been rumours abounding that demand has been decreasing after the boom of 2009-11. Let’s investigate the data. According to International Wine and Spirit Research (IWSR), the Chinese drank 160 million cases of wine in 2011, a […]

 

Parker steps down as editor-in-chief of Wine Advocate

Robert Parker Jr – the world’s most renowned wine critic – has stepped down as editor-in-chief of the influential publication, the Wine Advocate. A percentage of the magazine has been sold to three Asian investors (unnamed so far). The Wine Advocate headquarters will remain in America, but a large office will be set up in […]

 

CAPITAL VINTNERS: EYE ON ASIA

Rhône wines to be the next boom in Asia? A Hong Kong auction at Sotheby’s last weekend may have signified a further string to the Asian fine wine market’s bow being added as Rhône Valley wines fared very well. On December 8 the auction’s highlights included a 1961 Hermitage La Chapelle from Rhône, which sold […]

 

Capital Vintners: Eye on Asia

A selection of Domaine de la Romanee-Conti wines Burgundies ended the year strongly in a Hong Kong auction this weekend. Domaine de la Romanee-Conti. Remember this wine estate because it is breaking records right now. Three 2005 bottles were sold at a record-breaking price of £14,800 a bottle at an auction in Hong Kong over […]

 

Fifth Hong Kong Wine Fair opens

Hong Kong’s financial secretary announced that the total value of wine imports to the region in 2011 was around £750 million. Speaking at the opening of the fair, John Tsang Chun-Wah was enthusiastic about the future of the wine market in Hong Kong. He said that the city is now the largest auction centre in […]

 

Capital Vintners: Eye on China

Here at Capital Vintners we like to keep as up to date as possible on movements in the global fine wine market. China is currently importing a significant amount of Bordeaux wine. No longer are the Chinese only buying the top wines; they have started to diversity their portfolios, further increasing imports and diversifying Chinese […]

 

Burgundy wines soaring in value

Christie’s have reported that Burgundies are performing incredibly well right now. In particular Domaine de la Romanee-Conti has performed well. Although Bordeaux wines are still top dog, Burgundies are gaining notoriety in the market, especially Asia. Capital Vintners not only offers a wide collection of fine wines, but also the very best Burgundies: http://www.capitalvintners.com/wines/8/burgundy As production […]

 
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