Korea-based SK Networks was in the news for having put their fine collection of wine through the shelves of Christie’s Hong Kong. Recently, the collection was bought over and it raked as much as HK$48.13 million i.e. US$6.2 million for the sellers.
This deal was reportedly the highest total amongst all that was ever put together by Christie’s wine sale in Hong Kong. The collection included 18 bottles of 2000 Château Lafite Rothschild which went for HK$420,000 which is US$54,096. Other milestones were a 12 bottle case of 1995 Château Pétrus fetching as much as US$40,186 and 12 bottles of 2000 Château Ausone for US$39,413.
The sales of 369 lots were expected to realize around HK$26 million but actual collections summed up to a staggering HK$48.13 million. The Korean business giant doesn’t have only wine as its specialization. It also has its feet firmly grounded in sectors like trading, natural resources, petroleum, telecommunications, auto-service and fashion. SK Networks group is also Korea’s third largest conglomerate which expanded their outreach to wine by creating a wine business division and the Wine Networks brand to promote their venture.