Romanee-Conti Lifts Sotheby’s $13.8 Million Hong Kong Wine Sale

Oct 3, 2010

(Bloomberg) -- Burgundy’s Domaine de la Romanee- Conti led Sotheby’s two-day wine sale in Hong Kong, where Asian buyers branched out from top Bordeaux labels like Chateau Lafite Rothschild to extend their dominance in the global wine market. The auctions tallied HK$107 million ($13.8 million) including fees, a record for Sotheby’s in the city, which may overtake New York this year as the world’s biggest wine-auction market. All 1,366 lots were sold, Sotheby’s said. The presale high estimate for the two days was HK$74 million

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