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Tuesday 10 January 2012

Wine Sellers Aim High Ahead of Chinese New Year

Last year was a wild ride for Asia’s growing legions of wine lovers — and 2012 could prove to be similar, with a double magnum of 1870 Château Lafite, rare bottles from Burgundy producer Henri Jayer and 90-year old Champagne among upcoming sales in Hong Kong.

Zachys kicked off the auction season on Saturday, and it will soon be followed by Acker Merrall & Condit and Sotheby’s, which hold sales this weekend, all squeezed in ahead of the region’s most important holiday, Chinese New Year.

Last year ended with mounting demand for Burgundy that has pushed a few top names up to new records, while mainstay Bordeaux struggled as Lafite and other traditional favorites seemed to fall out of favor.     Read Here

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