Hong Kong star Eric Tsang accused of selling fake wines and spirits online
Famous Hong Kong celebrity Eric Tsang debuted on China’s most popular livestreaming app with astonishing sales figures and no shortage of backlash.
Category: Wine
Hong Kong bans restaurant dine-in
Hong Kong government has announced sweeping rollbacks on social distancing rules to fight alarming third wave, including banning dine-in at restaurants and closure of bars.
HKTDC trade seminar: how to create your ideal wine list
A seminar on how to create an ideal wine list will be held at the November HKTDC International Wine and Spirits Fair.
Hong Kong tightens social distancing following third-wave infection
After Hong Kong reported alarming infection numbers within days, the city has reverted to strict social distancing measures including putting a cap on numbers at restaurants, bars and nightclubs.
ProWine China adapts to new normal amid pandemic
The upcoming ProWine China, the longest running international wine fair in China, will serve as a bell weather for what’s to come in the post-coronavirus wine market, as the organizer gears up to meet pent-up demand from the wine trade after a long lull.
Treasury Wine Estates warns of 20% drop in earning due to pandemic
Australia’s biggest wine company, Treasury Wine Estates, has issued a profit warning as much as 20% for its core earnings for fiscal year 2020 and withheld guidance for 2021 due to the coronavirus pandemic.
A 6-litre DRC leads Sotheby’s Hong Kong auction
One 6-litre Methuselah of Romanée-Conti 1999 doubled its previous estimate and was sold for over HK$2.1 million, as part of the Sotheby’s three-day wine auction that saw fierce bidding and stunning results.
LVMH’s Chinese wine Ao Yun 2016 released
The fourth vintage of Ao Yun, the Chinese wine owned by LVMH, was released in the UK yesterday at £2,340 per case (12 bottles), offering a 10% discount for its best rated wine yet.
Chinese-owned Bordeaux chateau sued in France
Chateau de Pic, a Chinese-owned Bordeaux estate in Cadillac, has been sued by its local employees after abruptly firing its staff and failing to pay five months of salary, bringing the winery’s poor management and dire financial situation into the forefront.
Weekly digest: DBR Lafite’s new international director and Australia shifts from China
Australia made a point in its Vision 2050 report to reduce its heavy reliance on China, and cross-border travel ban between China and Hong Kong will take its toll on the grey market wine trading.