Investors develop a taste for wine

Asia’s increasing interest in wine is “exponential”, says Stephen Wickens, a Hong Kong-based wine merchant, who recently sold 12 bottles of 1982 Pétrus wine for £50,000 to an Asian businessman. Pétrus, near Saint-Émilion, only produces about 30,000 bottles a year.

“It is sublime, it has an additional layer, it has to do with the richness, the power and the elegance,” Wickens says. As much as an investment, Asian consumers “want to share it”.
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