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China Hong Kong, wine market demand is tepid

David BECK Academic - Economics, Society and Political science - Environment and Technologies (AI, blockchain)

The big question is whether Hong Kong will remain the gateway to mainland China

Mainland China and Hong Kong’s wine markets are faced with headwinds as a result of China’s slowing economy and uncertainties of the ongoing US-China trade war. Across the border in Hong Kong, market demand is tepid as well. The problem of Hong Kong is then compounded with months long anti-government protests that dampened the city’s retail sector and hospitality industry.

90% of the surveyed consumers preferred red wines, seeing them as good for health; 50% said they never drink rosé.*

We collected wine lists of 200 Hong Kong restaurants

We have analyzed red wines in Chinese cuisine restaurants.

Hong Kong: leading red wine appellations in Chinese cuisine restaurants

1. Pauillac
2. Margaux
3. Mendoza
4. Barossa Valley
5. Napa Valley

6. Saint-Julien
7. Barolo
8. Marlborough
9. Pomerol
10. Rioja

11. Brunello di Montalcino
12. Saint-Estephe
13. Chateauneuf-du-Pape
14. Chianti Classico
15. Pessac-Leognan

Hong Kong: leading red wine brands in Chinese cuisine restaurants

1. Chateau Haut-Brion
2. Chateau Lafite-Rothschild
3. Chateau Mouton Rothschild
4. Chateau Latour
5. Chateau Lynch-Bages

6. Chateau Margaux
7. Penfolds
8. Chateau Cheval-Blanc
9. Chateau Calon-Segur
10. Chateau Lascombes

11. Chateau Pichon Longueville Comtesse de Lalande
12. Chateau Talbot
13. Petrus
14. Torbreck
15. Chateau Palmer

Price check program 200 restaurants / 31,161 wines in 2019. Top listed wines 75cl, by presence

*HKTDC

Academic - Economics, Society and Political science - Environment and Technologies (AI, blockchain)
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