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In Hong Kong, auctions no longer show Bordeaux wines systematically at top of wish lists

31.01.2012 - Vinexpo news selection

Having only sold 85% of the lots for an overall sales figure of HK$44 (about €4.4 million), the first auction of fine wines organised on 13 and 14 January 2012 by Sotheby’s in Hong Kong turned out to be disappointing. According to the organisers it was mainly the young Bordeaux wines that hung back, while bids for Burgundies, Champagnes and Californian wines were much more on track, which would seem to indicate that the market seeks to diversify its purchases, a trend that has already been noticed in other recent sales. (V&S News – 20 January 2012)

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