Rare oolong may fetch HK$1mil at Hong Kong's first tea auction

Two packs containing tea leaves, with the Chinese word for 'tea' printed on them, are seen at a tea auction preview in Hong Kong on Nov 19, 2013. - AFP

Tea market has a lot of potential, says expert.

RARE teas more than half a century old will take centre stage at Hong Kong’s first tea auction, with a prized narcissus oolong variety expected to fetch HK$1mil (RM410,000) organisers said on Nov 19.