Shandong’s Yantai Changyu Wine Snaps Up 5th Overseas Acquisition

Chinese winery Yantai Changyu Wine Co bought an 80 percent stake in the Clare Valley’s award-winning Kilikanoon Estate in Australia for AUD $20.6 million ($16.4 million). The deal was signed at a ceremony held in Adelaide, Australia, Jan 18…Full Article: China Daily Jan 2018 Key Point To date, this is Changyu Pioneer Wine’s (SHE:000869) fifth

Hong Kong and Argentina Sign a MoU on Wine

The government of China’s Hong Kong Special Administrative Region (HKSAR) said on Friday [15 December 2017] that it has signed a memorandum of understanding (MoU) on cooperation in wine-related businesses with Argentina. The document, signed by HKSAR Secretary for Commerce Economic Development Edward Yau with Argentinean Investment and Trade Promotion Agency Chief Executive Officer Juan

Hong Kong’s Wine Re-Exports to the Mainland to Be Fast-tracked

The Hong Kong Special Administrative Region (HKSAR) government announced Thursday [9 November 2017] that wine re-exported from Hong Kong will enjoy instant customs clearance in all districts of the Chinese mainland from Nov. 9 onwards. This extension of customs facilitation measures is introduced to support international wine traders in tapping Chinese mainland market and strengthen

Australia’s Treasury Wine Estates Hopes to Increase its Chinese Market Presence

One of Australia’s leading wine companies has promised to increase its focus on cracking the Chinese market. Michael Clarke, Chief Executive Officer of Treasury Wines, told the company’s Annual General Meeting (AGM) on Wednesday night that the company would seek to widen the gap between Treasury and its competitors in China…Full Article: Xinhua Oct 2017

Hangzhou Wine Association and The Australian Business Chamber Sign a Cooperation Agreement

The Australian Business Chamber signed an agreement with the Hangzhou Wine Association on Friday on trade and investment. Four Australian exporters in different industries also signed Memoranda of Understanding with Chinese partners on Friday [8 September 2017]. Among them, eco-friendly botanical cleaning producer Koala Eco [based in Sydney, New South Wales] will soon be launched

Chinese Maoists Upset With Alibaba’s Tmall Global Wine Festival

Chinese Maoists protested against Alibaba’s Tmall Global Wine Festival on September 9, calling it “unethical” as the date coincides with founding leader Mao Zedong’s death anniversary. Mao died on September 9, 1976…Full Article: The Global Times Sept 2017 Key Point In April 2016, Alibaba’s Jack Ma announced the launch Tmall’s September 9 Wine Festival. The