Château Lafite Rothschild

Curbs leave alcohol firms in low spirits

Expensive wines and spirits such as mao-tai, as made by China Kweichow Moutai Distillery, among others, are out of favour. Photo: Bloomberg

Spirits, and prices of spirits, are low for many local and foreign alcoholic beverage companies with operations on the mainland after a challenging year marked by depressed demand as a result of restrictions on lavish spending at official banquets.

Wednesday, 11 December, 2013, 8:18am

Wealthy Chinese love French luxury goods

Rupert Hoogewerf, chairman and chief researcher of the Hurun Report, unveils their 'Rich List' at a press conference in Beijing. Photo: AFP

The recently released annual Hurun report usually contains fascinating insights into the antics of the super wealthy in China and this year is no exception.

11 Mar 2013 - 7:32pm 1 comment

Chateau Lafite Rothschild unfazed by slowdown in demand in China

Michel Negrier, of Domaines Barons de Rothschild, says the company has more to offer than Chateau Lafite. Photo: Felix Wong

If you think the producer of the world's most sought after Bordeaux is worried about a slowdown in sales in China, think again.

9 Dec 2012 - 3:59am

TAKE two

STANDARD PRACTICE

The tradition in Bordeaux of having a second wine made from grapes deemed to be of a high standard but not quite good enough for the chateau's grand vin is believed to date back to the 18th century, and Ch?teau Brane-Cantenac was probably among the pioneers.

28 May 2012 - 12:00am

Wine ratings

New Zealand, known for sauvignon blanc and pinot noir, has a solid following among wine lovers. But Bordeaux blends of cabernet sauvignon and merlot are also now attracting attention.

24 May 2012 - 12:00am

Asian grapevine

No other auction has been as successful over the past six months as the one held by Christie's last weekend. What Christie's had in its favour this time, despite the sombre global financial mood, was timing. The timing was perfect for an ex-domaine sale of wines from the cellars of legendary Burgundy wine maestro Henri Jayer.

16 Feb 2012 - 12:00am

Sales slide after vintage year for bogus Bordeaux

As New Year's revellers around the world were popping Champagne corks to welcome 2012, the producers of another famous French tipple had considerably less to celebrate.

5 Feb 2012 - 12:00am

Asian grapevine

Even in these unsettling economic times, when I speak with the heads of various wine auction houses, the message is always upbeat and positive, although they are no longer achieving 100 per cent sales.

27 Oct 2011 - 12:00am

Liquid asset

Hong Kong's investment wine market has been on fire the past three years, with record-setting auctions and trade volumes that have been flowing like bottles of uncorked champagne on New Year's Eve. Last year, Hong Kong passed New York as the world's top wine auction market, with sales totalling a staggering US$165 million, an impressive 157 per cent above the 2009 total.

19 Sep 2011 - 12:00am

Prices sober up for top vintages

Eight is a lucky number in Chinese but luck for a wine of '08 vintage seems to be running out.

After a rush on Chateau Lafite Rothschild wines over the past few years, prices for the glamorous French label seem to be levelling out.

15 Sep 2011 - 12:00am

City Digest

HK$4.2m for 300 bottles of wine sets world record

5 Sep 2011 - 12:00am

Fakes a threat to wine trade, expert warns

Hong Kong's newly-gained reputation as the wine-trading hub of the world must be protected against fakes in the market, says expert Simon Tam.

'We have overtaken New York and London as the fine-wine-trading hub. In order to keep going, we must do something to avoid the emergence of fake wine,' said Tam, who founded the Independent Wine Centre in the city.

22 Feb 2011 - 12:00am

Importer sued over missing vintage wine

A company that operates a Tsuen Wan warehouse where a consignment of wine was said to have been stolen in 2009 was sued yesterday for failing to deliver 19 cases of a 1982 vintage.

12 Feb 2011 - 12:00am

Lai See

Embezzlement with Chinese characteristics

7 Jan 2011 - 12:00am

ICAC lays out bribes allegedly given to bankers

Bottles of Chateau Lafite Rothschild wine, Bulgari and Franck Muller watches, HK$9.3 million in cash and a Nokia smartphone - these were among the bribes ICBC (Asia)'s former head of corporate banking Derick Chan Po-fui and former real estate finance chief Chan Yick-yiu allegedly accepted from mainland property developer Zeng Wei, the ICAC says.

17 Dec 2010 - 12:00am

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