China demand driving world wine market growth

China is expected to be the world’s seventh largest wine consumer by 2013 as the nation’s thirst for vintages continues to grow amid an economic boom. The country will consume around 1.26 billion bottles of wine in 2013, an increase of about 32 percent from 2009, according to findings of Vinexpo, organiser of one of … Continued

Cullinan Heritage Diamond sells for $35.3 million

Petra Diamonds Limited announced that the 507 carat Cullinan Heritage sold for US $35.3 million, the highest sale price on record for a rough diamond. The diamond was sold on tender in South Africa and was purchased by Hong Kong-based Chow Tai Fook Chow Tai Fook Jewellery Company . The Cullinan Heritage was recovered in … Continued

Shop sale fetches record price in Hong Kong

A company run by Hong Kong‘s best-known entertainment mogul has paid a record 108 million US dollars for a shop in one of the busiest districts. The sale of the 1,212 square foot outlet comes as the city’s government tries to contain soaring property costs due to fears they are getting out of control. The … Continued

“Vivid pink” diamond sells for record $10.8 million

A ring with a pink diamond the size of a chickpea was auctioned off for a record HK$83.5 million ($10.8 million) in Hong Kong on Tuesday. “Vivid Pink,” as it’s called, is a five-carat stone flanked by two white diamonds and set in a ring by elite jeweler Graff. It hails from a private collection. … Continued

Michelin honours cheap eats in new HK-Macau guide

Michelin has added a cheap restaurant category to its new Hong Kong and Macau guide unveiled Thursday, after critics accused the culinary bible of ignoring the cities’ food-stall culture. Twenty-nine “simple shop” restaurants received star ratings in the guide’s second edition, with its highest three-star rating awarded to a pair of French restaurants and one … Continued

AsiaSpa Award winners announced

The winners of the 2009 AsiaSpa Awards were announced at a glamorous gala awards ceremony held at Armani Bar Hong Kong last Thursday. The majority of Asia’s spa destinations won an award, including properties in, Thailand, The Philippines, The Maldives, China, Cambodia and Hong Kong.

World’s tallest hotel to be built in Hong Kong

The world’s tallest hotel will open in Hong Kong in 2010 when the Ritz-Carlton, Hong Kong, welcomes its first guests. The 312-bedroom hotel will occupy floors 102 to 118 on the International Commerce Centre (ICC) — currently taking shape on the Kowloon waterfront spanning 484 meters and 118 storeys when completed by the end of … Continued

Hong Kong firm to pawn luxury handbags

Hong Kong firm has launched a series of television commercials offering personal loans in exchange for ladies’ luxury handbags. Yes Lady Finance will pay cash-strapped socialites up to 70 percent of the bag’s value with 28 percent annualised interest, the South China Morning Post said.

Zidane & Rain @ IWC 1881 Heritage Grand Opening

South Korean pop star Rain attended yesterday the grand opening of the IWC Schaffhausen flagship store at the 1881 Heritage Boutique in Hong Kong. IWC Schaffhausen (International Watch Co.) is a famous high-end Swiss watch manufacturer and Rain was personally invited for this grand opening. French soccer star Zinedine Zidane who joined the brand’s army … Continued

Hong Kong Gourmets Welcome Caviar Azovka

Wild Caviar has almost vanished from face of the Earth and the privileged few that are still able to enjoy its delicacy are hit where it hurts most, their wallets. However, Caviar Azovka hopes to revive the rare treat through their precise farming and a strong ambition. “Most of the countries, and their historic producers … Continued

Hong Kong Apartment Sells for $56.5 Million

An outsize luxury apartment in one of Hong Kong’s wealthiest neighbourhoods has sold for 439 million Hong Kong dollars ($56,5 million). The five-bedroom duplex suite, near the top of the skyscraper overlooking Victoria Harbor, measures 6,158 sq feet and has a garden of 340 sq feet. Hong Kong luxury home prices and sales have jumped … Continued

Limited Edition Vacheron Constantin Dragon Watches

Vacheron Constantin recently inagurated its newest flagship boutique in Hong Kong at 1881 Heritage. The upscale Heritage 1881 shopping center is in a historical Hong Kong landmark which for a period of years served as headquarters for the Marine Police. To celebrate, they have also released a very exclusive limited series of 3 “Dragons” watches, … Continued

Autumn @ FINDS – Hong Kong

We have recently had the opportunity to have dinner @ FINDS, Hong Kong’s pioneer of Modern Northern European Cuisine. FINDS is an acronym for Finland, Iceland, Norway, Denmark, and Sweden – the collection of countries that inspired its menus and design. The modernist decor and menu of updated Northern European classics attract a clientele of … Continued

1881 Heritage opens in Hong Kong

1881 Heritage is the Former Marine Police Headquarters that has recently been rejuvenated and re-integrated as a high-end shopping site in Hong Kong. These buildings were constructed between 1881 and 1920, and declared as monuments under the Hong Kong Antiquities and Monuments Ordinance. The 120-year-old site occupies 12,000 sqm near Victoria Harbour in Tsim Sha … Continued

Rare Chinese stamp sells for record $332,000

A single Chinese stamp has sold for $332,000 at Zurich Asia’s “Stamps and Postal History” autumn auction in Hong Kong Friday. The 1897 Qing dynasty stamp was bought by a Beijing collector and set a new world record for a single Chinese stamp. It is an extremely rare 1897 small one-dollar overprint on a three-cent … Continued

Hong Kong penthouses set record

Sun Hung Kai Properties, the world’s largest developer by market value, raised the price of two penthouses in Hong Kong by 50 percent to a record HK$75,000 ($9,700) a square foot as demand surges for luxury apartments. The units, situated on the 91st to 93rd floor of the 270-meter (886-feet) towers, will be offered for … Continued

Rare vivid pink diamond could break sale record

A five-carat cushion-cut pink diamond known as “The Vivid Pink” is set to lead Christie’s Hong Kong sale this fall. According to a media release, the Vivid Pink is the largest potentially flawless fancy-vivid-pink diamond ever offered for sale at auction. Property of a private collector and set in a ring by renowned jeweler Laurence … Continued

Hong Kong Exceptional Restaurant: Harlan’s

Acclaimed harbourside fine dining restaurant Harlan’s at IFC, Hong Kong, is celebrating its 5th anniversary with a HK$555 tasting menu of favourite signature dishes since opening in 2004. The 5-course gastronomic showcase is being served from Aug 1- Sep 30. It also includes a 50% discount on specially-selected premium wines and champagnes from the vintage … Continued

Chanel liquidated in Hong Kong

French artist ZEVS was arrested in Hong Kong this morning, July 13th, 2009 at 3:49am after Liquidating the Chanel logo on the façade of Chater House in Central. No news on whether he’s been release yet or whether he will make it to the opening of the exhibit this Tursday… ZEVS is an anonymous French … Continued