Hong Kong entertainment mogul Albert Yeung will auction 426 bottles of rare fine wine at Sotheby’s in September, including some of the most sought-after names in the world of collecting, with an estimated value exceeding HK$10 million. Read More
Wine
New Zealand white wines are muscling into China’s red-dominated business dining culture, riding a surge in demand that pushed imports up 136% by volume in July, even as shipments from France, Australia and Chile slumped. Read More
An English sparkling wine and a Japanese shochu led the winners at the 2025 International Wine and Spirit Competition (IWSC), where fewer than 3% of over 7,000 global wine entries captured the coveted Gold medal. Read More
The Philippines defied a global slump in wine sales with nearly 30% import growth in the first half of 2025, and in a surprise twist, the United States — not France or Australia — emerged as its largest supplier. Read More
Carlsberg Asia, facing fierce competition in the region’s beer market, unveiled what it called its “boldest partnership yet,” launching a Digital Acceleration Program with the region's three delivery giants - Meituan, Grab and Delivery Hero - to drive growth in on-demand retail. Read More
Amid the slump, wine sales provided a rare bright spot. VATS liquor store said wine revenue rose 10.96% to RMB 246.7 million (US$34.5 million) in the first half. Read More
As many as 70% of China’s liquor chains have joined the on-demand retail boom, betting on 20-minute delivery to revive sales. But behind the rapid expansion lie steep costs, price wars, and doubts over whether traditional shops can truly profit. Read More
Two months after Beijing moved to soften its alcohol ban, some merchants report a faint sales uptick in August. But for most, the question remains: has business truly bounced back—or are deeper troubles still dragging the market down?
Read More
What are the wines for WSET's toughest exam? Here are the answers. Read More
Australian wine label Penfolds will bring its “Re-Corking Clinic” to Hong Kong on Aug. 22–23, offering collectors a chance to have aged bottles inspected, authenticated, and re-corked under the supervision of its chief winemaker. Read More