Think Champagne is always pricier in the world’s glitziest cities? A new global wealth report uncorks some surprising truths about where the bubbles really break the bank. Read More
Hong Kong
How much alcohol are people in Hong Kong drinking? Which drinks are falling out of favour, and which ones are bouncing back? We crunched the numbers from the past 20 years—so you don’t have to. Read More
The milestone marks a shift in Hong Kong’s alcohol import landscape, which for more than 15 years had been dominated by wine after the government eliminated wine import tariffs to position the city as a global wine hub. Read More
American wine auction house Zachys has reportedly closed its Hong Kong office after 17 years of operation, marking a shocking retreat from Asia's key fine wine hub. Read More
This marks Chef Boulud's long-anticipated debut in Asia as Hong Kong's fine dining sector faces new challenges from changing consumer habits and cross-border competition. Read More
The third instalment of Iconic Wines from Joseph Lau opened Christie’s achieved HK$72.89 million (US$9.35 million) in total —more than double its presale estimate—and a 100% sell-through rate. Read More
When one of France’s most famous producers, Michel Laroche, of Domaine Laroche in Chablis uncorked 90 bottles of his award-winning Grand Cru Blanchot at a … Read More
Hong Kong real estate magnate and billionaire collector Joseph Lau is set to auction the third instalment of his prized wine cellar later this month, following two blockbuster sales that together fetched over US$16 million. Read More
A major tax cut on spirits was expected to shake up Hong Kong’s liquor market, but early signs suggest the impact may be more limited than hoped. Read More
Restaurants in Hong Kong are closing at a faster pace than new ones are opening, marking the city’s first net decline in food and beverage establishments in six years, according to new research. Read More