I lose a customer whenever an old man dies, says owner, lamenting imminent closure
Hong Kong's last remaining Chinese winery will close within 18 months due to declining business.
The owner of 86-year-old Cheong Yuen Chinese Wine Merchant, in Possession Street, Sheung Wan, said he had failed to turn the tide because of the changing tastes of young people and stiff competition from mainland brands.
'I have tried my best to save this shop, but I don't believe anything will change my fortune,' Alex Suen Mon-hoi said.
The 36-year-old bought the winery six years ago, with his entire HK$800,000 savings, from its second-generation owner, Cheung Kan-chee, after his sons and daughters decided not to take on the family business.
He spent about six months with the family learning the techniques needed to produce rice wine.
'At the time, I thought I could turn the business around,' Mr Suen said. 'I had even dreamed one day that our wine would appear on the dining tables of the city government's dinners and banquets.