Hong Kong’s Fine Wine Moment
Between VineExpo and three high-profile auctions, Hong Kong is the world's fine-wine capital this week
Posted: May 25, 2010 12:00pm ET
All I have heard for the past year is how the Far East via Hong Kong and, in particular, China, is gobbling up all the great wines of the world. Or let's say it's buying the blue-chip, trophy wines from France and a little bit of the New World that many in Europe and the United States have forsaken due to price fatigue. Not many can afford these mega-expensive bottles.
Moreover, I hear that China and the rest of the Far East are really gearing up for buying big time in the Bordeaux futures market, considering the excellent quality of the 2009 vintage for the upper echelon of the region.
But seeing is believing. And the next couple of days will be telltale.
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