The Chinese firm now in control of Bordeaux’s tragedy-hit Chateau de La Riviere is moving forward with development plans, to include tea tasting and a spa at the estate, after an 'enormously difficult' few weeks.
A 27-year-old Chinese buyer took the top lot in an auction of the French prime minister's wine cellar that raised more than EUR170,000.
Asia's fine wine buyers have served a reminder of their financial muscle, with Christie's claiming a new auction record for Domaine de la Romanee-Conti in Hong Kong and rival Sotheby's selling a 100-case collection of Opus One to a buyer in China.
This year's Hospices de Beaune auction has achieved the highest sales total since 2000, raising over EUR6.3m, despite the smallest volume of wine on sale for three decades.
Auction house Christie's has hailed strong international interest in its latest Hong Kong wine sale, with Pétrus and Romanée-Conti dominating.
New York-based merchant and auctioneer Zachys has launched an online retail business in Hong Kong, as an entrée to mainland China's fine wine buyers.
The Moutai Group, owners of Chateau Loudenne in Saint-Yzans-de-Medoc since April 2013, are planning to open a luxury hotel on the property.
At least three Bordeaux estates that were sold to Chinese buyers over the past two years are back on the market.
Chinese investors have acquired more than 300 hectares of vineyard land in Marlborough, according to local reports.
From the beginning of 2011, a leading Bordeaux real estate agent says, an average of one Bordeaux chateau per month has been sold to a Chinese investor.