Hong Kong property tycoon's wine collection fetches US$9.3mil at auction


HONG KONG: Hong Kong businessman Joseph Lau sold a collection of fine wine for HK$72.9 million (US$9.3 million) in an auction, fetching more than $41,000 a bottle for some rare French vintages.

All of the wine lots sold, and the amount raised exceeded the $4.5 million estimate from Christie’s, according to a statement Thursday from the auction house.

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Hong Kong , tycoon , wine , auction

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