Bonhams has set a new world record with the sale of full card series of Japanese cult whisky brand Hanyu Ichiro for the hefty price of HK$7,192,000 (US$ 917,000), nearly doubling the previous record of HK$3,797,500 (US$484,000) – also set by Bonhams Hong Kong in 2015. Read More
China
Strong demand for premium wines and mass-produced wines has driven up sales and profits for Australian wine giant Treasury Wine Estates. Read More
China's leading winery Grace Vineyard has purchased a whisky distillery in the country's coastal Fujian province for HK$15 million (US$1.9 million), making its first foray into whisky production to make 'medium and high-end Chinese whisky', the company has announced this week. Read More
Southern Rhône varietals including Grenache, Syrah and Carignan are apparently adapting better to changing climate, while increasing temperature compounded woes for Bordeaux variety such as Cabernet and Merlot in Languedoc-Roussilon, according to the region’s leading producer Les Jamelles. Read More
China has lost out on its attractiveness as a wine market, according to the latest report by Wine Intelligence, amid the country’s slowing economic growth, escalating China-US trade war and depreciated Chinese currency. Read More
Penfolds has launched its 2019 Collection, which came two months earlier than usual, and left out Bin 707 Cabernet in the 2019 lineup. Read More
WSET will kick start a week-long celebration in September to mark its 50th anniversary, with a series of events planned for China, its biggest market for both wine and spirits education. Read More
More than 60% of Chinese consumers are more than willing to boycott American products from mobile phones to wine, as trade war between China and the US escalates, an FT Confidential Research survey has revealed. Read More
China's wine imports continued its downward trend in the first half of the year, dipping in both volume and value though rate has markedly slowed. Read More
A Chinese wine importing company has bought shares in an historic winery in southwestern France in Plaimont owned by local co-operative Plaimont Producteurs.
The Chinese company Zhuhai … Read More