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Easter to see about 9 million passengers travel in HK

uring the upcoming Ching Ming Festival and Easter holiday, up 4 percent on the same period last year, said the Immigration Department of Hong Kong yesterday.
 The department said 3.45 million passengers, an average of about 288,000 daily, are expected to pass through Lo Wu control point April 3 to 14.
Outbound traffic at Lo Wu control point will be heavy on April 3 and 10, with about 207,000 people leaving Hong Kong daily. About 185,000 passengers are expected to arrive at the control point on April 13.
Passenger traffic at Lok Ma Chau control point will be heavy with a forecast of about 1.42 million passengers, a daily average of 119,000.
Most of the travelers are expected to arrive from the Chinese mainland through the control point on April 13, while the busiest outbound passenger traffic will be on April 10, said the department.

Rare champagne sets world record at Hong Kong wine auction

A bottle of rare champagne fetched HK$164,560 at a wine auction in Hong Kong on Saturday, setting a new world record for the price of any bottle of champagne sold at an auction.
The auction realized an impressive total of HK$35 million HK dollars with 96 percent of the over 1, 000 lots sold to buyers from Hong Kong, the Chinese mainland, Taiwan, as well as Japan, South Korea, Singapore, Indonesia, among others.
A superlot of 132 bottles of Domaine de la Romanee Conti La Tache from vintages between 1985 and 2003 went for HK$1.89 million, in line with previous estimates between HK$1.6 million and 2.4 million.
More than 1,000 bottles of rare champagnes from the collection of Robert Rosania also attracted enormous interests, with a bottle of 1928 Krug collection vintage fetching HK$164,560 after several rounds of fierce bidding.
The auction house, the United States-based Acker Merrall & Condit, said it was satisfied with auction results.
"The sale clearly underlined the continuing strong interest in Hong Kong for the finest and rarest wines. The market has stabilized in 2009," said John Kapon, president and auction director of the family firm that has been in the market since 1820.
"Our client base is growing rapidly with the majority from Hong Kong," he said, adding that there were also customers from the Chinese mainland, Japan, Korea, etc.
Acker Merrall & Condit is the market leader in the United States. It is now operating in both New York and Hong Kong. Saturday's auction was the third by the company in Hong Kong since last May, when the company set the record for any wine auction in Asia by fetching HK$64 million.
Hong Kong announced a duty scrap on wine and beer last February, leading to high expectations by the wine industry and a potential boom of the wine market.
Sotheby's also recently announced that it will hold its first wine sale in early April in Hong Kong and offer over 5,100 bottles of wine. 

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