Hong Kong and China wine market experts are calling the prices fetched at the recent Sotheby’s Chateau Lafite auction in Hong Kong crazy and not a bellwether of the market. Merchants, auctioneers and other insiders – many of them assembled for the Hong Kong International Wine & Spirits Fair – have responded to the record-breaking prices paid for Chateau Lafite at a recent Sotheby’s auction in Hong Kong with a mix of amusement and mock horror.