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
Hong Kong
China’s sweeping new tariffs on American goods are already having unintended consequences—driving up smuggling activity as premium wine labels like California’s Opus One become increasingly lucrative targets for illicit trade. Read More
Sotheby’s has released its 2024 Wine & Spirits Market Report, showing that while the United States recorded impressive gains—overtaking Hong Kong in annual wine sales for the first time—Asia continues to hold its ground. Read More
France remained Hong Kong’s largest wine supplier in 2024, even as imports fell 13.11% in volume and 10.84% in value, still accounting for 64.69% of Hong Kong’s total import value. Read More
Dairy Farm Internatinal Group (DFI), the operator of Hong Kong's leading supermarket and retail chains including Wellcome and 7-Eleven convenience stores, has announced leadership changes. Read More
Exports of Ningxia wine surged 125% in 2024 despite a global economic downturn that weakened wine sales, former Hong Kong Chief Executive Leung Chun-ying said … Read More
Australian wine exports surged to AU$2.55 billion in 2024, driven by China's strong rebound, but Wine Australia warns that global headwinds and uneven growth could threaten long-term stability. Read More
Having launched his business during the Covid-19 pandemic, Legrandois shared his insights on Hong Kong, an international wine hub currently facing challenging times. Read More
With its cellar seized, a debt-laden wine company had its wines taken as well. Is this practice reasonable? Read More
In Zengcheng, a small town known for lychees and denim, one entrepreneur’s 16-year journey with wine reveals a story of grit, reinvention, and quiet resilience.
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