Leading auction house Christie’s has welcomed Adam Bilbey into its ranks, appointed as the new head of the wine and spirits department in Hong Kong.
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London-based Cask Trade is opening an outpost in Hong Kong following an “unprecedented” spike in demand from the region.
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Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
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Vinexpo Hong Kong is to be rescheduled as a result of the coronavirus outbreak. It will now run from 8 to 10 July this year, instead of 26 to 28 May.
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Wines from the Bourgogne region grew last year by both volume and value in the key Hong Kong market – even as French wine exports fell overall.
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The latest Wine Intelligence report on Hong Kong says after “many years of substantial growth” as the key Asian trading hub for wine, sales have plateaued after China, its biggest customer, established direct trade connections with wine-producing regions.
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Bolney Wine Estate has become the first English wine producer to secure distribution in mainland China.
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Rathfinny Wine Estates has appointed Jebsen Fine Wines as its exclusive distributor in Hong Kong.
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Wines Unearthed, known to the industry through the London Wine Fair, is expanding to Asia.
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