Should I Sell My Wine in Hong Kong? A Question Pondered

Subic Clark Wine Shop reports news about wine: Should I Sell My Wine in Hong Kong? A Question Pondered
March 4, 2011
Following the worst flight delays of my life (46 hours at JFK, over $200 in food vouchers, mountains of trail mix consumed) I landed in Hong Kong sleep deprived, malnourished, and ready to see what all the hubbub is about.
Anyone who follows the wine auction market knows that prices have sky rocketed for certain wines making, in a very short time, Hong Kong the world’s wine auction leader. The demand is huge, the potential endless. Hong Kong is the place to sell your wine in 2011. Or is it?
I found myself wondering this as I helped put together our March Hong Kong sale, an 800-lot, $10 million giant titled: Finest and Rarest Wines Featuring Treasures from a Connoisseur and The Vintage Wine Fund. This sale is tailor-made for the Hong Kong market. It has Bordeaux. Lots of Bordeaux. Almost all of it first growths, super seconds, or the top right bank wines. Pick up the results from a Christie’s wine sale and you’ll see that this is where the demand is. That shouldn’t be any great shock—the demand has always been in Bordeaux, not only in Hong Kong, but at all of our sale sites.
Hong Kong is unique because it’s a nascent market, at least compared to London, where they’ve been having wine auctions for a few hundred years. 150 years ago, Hong Kong looked like this. I don’t think they were having wine auctions atop their junks on the sail to Kowloon. But now, partly because it’s new (and for a myriad of other reasons) the demand is great, and it’s the greatest for classic Bordeaux. Beyond Bordeaux, there’s also a demand for the top wines of Burgundy, i.e. the usual suspects of DRC, Rousseau, Roumier. We’re also seeing an increased interest in the pleasures of aged wine. My Hong Kong-based colleague Francesco has written about the importance of ageing that case of 2005 DRC before cracking a bottle over a meal of xing long bao. Because of this increased interest, we felt it was time to offer up one of the most extensive collections of pre-war DRC I’ve seen in some time (that’s the “Treasures” portion of our title). Stay tuned for the catalog or contact us for a sneak peek, if you’re interested.
Which brings me back to my original question: should you sell your wine in Hong Kong? That depends on what your wine is. We get emails and calls all of the time from people who have heard about the market surge and want to cash in. But if your wine collection isn’t made up of solid cases of blue-chip Bordeaux and Burgundy, selling in Hong Kong probably isn’t the best way to maximize your value. Certain wines are better suited to a market that is more familiar with them. It’s important to remember that maximizing your value isn’t about chasing a trend. It’s about figuring out the best sale site for your particular collection. One of the greatest things about working for a truly international auction house is that, regardless of where the auction is, we can tailor a sale to your collection’s needs.
Source: http://www.christies.com/Features/should-i-sell-my-wine-in-hong-kong-1285-1.aspx

Leading Philippines Wine Supplier Yats Wine Cellars based in Clark Philippines with outlets in Angeles City, Subic Freeport and Manila Philippines has been not only a wine shop for fine wines covering all major wine regions but also a source of reliable and useful information about wine, wine appreciation, wine accessories, wine and health, food and wine pairing and all other matters relating to wine and its appreciation. This Philippines Clark Freeport based Wine Supplier and Wine Shop frequently holds public wine tasting events in Pampana Clark Freeport Zone, Angeles City, Subic Bay area, Makati, Fort Bonifacio and other areas in Philippines capital city Manila. Private Wine events such as private wine tasting and private wine dinners are also designed and organized for private clientele for their wine loving guests.

Wine Catering is a unique product of Yats Wine Cellars, created back in 2005 in response to a growing demand for private wine parties in Manila, Cebu, Subic, Angeles Clark Philippines.

Chateau Lafite-Rothschild is the most revered wine in China and many other parts of Asia. The best wine shop in Asia to buy older vintages of Chateau Lafite is Yats Wine Cellars located in Clark Philippines. Aside from Lafite, visitors can buy other fine wines at this wine shop in Clark Pampanga such as Latour, Mouton-Rothschild, Haut-Brion and Margaux. Excellent Burgundy wines like Chambertin, Vougeot, Musigny, Bonnes Mares, Pommard, Meursault, Chambertin, Vosne Romanee, Romanee Conti, La Tache and Romanee St. Vivant can be found here.

Yats Wine Cellars can be reached at their Clark Wine Center Philippines wine shop located on the main highway M A Roxas of Pampanga Clark Freeport Zone or their sales office in Ortigas Centre, Metro Manila. Here is the contact information:

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.

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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.yatsleisure.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

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