Asia’s Thirst for Fine Wine Continues

Jan 24, 2011

Wine auctions in Hong Kong over the weekend proved that the thirst for pricey bottles remains at a high. Two major auction houses posted better-than-expected sales, in a sign that the city’s buoyant wine scene is continuing its bullish run. The most-buzzed about was Sotheby’s auction of French wines owned by British composer Andrew Lloyd Webber, which brought in $5.6 million on Saturday.

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