Château Haut-Brion 2011 issued in Shanghai on Christmas Day

9th January, 2013 by Young Shi

On December 25th 2012 when most Westerners were busy celebrating Christmas, Shanghai International Wine Exchange (SIWE), a public trading platform chartered by Shanghai government, issued allocations of Bordeaux first growth Château Haut-Brion 2011.

Ch. Haut BrionFour hundred 12-bottle cases of overall production (7,600 cases in 2011) were allocated to SIWE by Haut-Brion. After private pre-allocation and issuer’s reservation, 188 cases (i.e. 2,256 bottles) were left for public issuance.

Compared with the investment products of SIWE in the past, Haut-Brion 2011 has broken quite a few records.

Firstly, its prestigious classification exempted it from routine regulation and evaluation by SIWE issue committee; instead, it skipped most of the procedures and went straight on issuance. No other investment products at SIWE ever enjoyed the privilege before.

Secondly, Haut-Brion has extended direct authorisation to wine merchants for the first time. In fact, it could be regarded as the first time for Bordeaux.

Lastly, clients are entitled to both private pre-allocation and premium buyback according to SIWE’s new rules. In the case of Haut-Brion 2011, premium buyback is waived for the issuer given the confidence of the potential investment clients.

SIWE had issued six collectable Chinese spirits by the end of 2012 and has been gradually diversifying its business by switching the focus from Chinese local spirit to international wine. Kopke Colheita 1967 Port was the first wine issued, followed by Haut Brion 2011.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

Brand Ambassador – Santa Rita Estates

Santa Rita Estates
London or Hertfordshire but with flexibility to travel, UK

Sales Executive - Wine and Spirits Awards

The Drinks Business
Central London, UK

On-Trade Channel Manager

Delegat Europe Limited (UK)
London / Midlands, GB

Trade Marketing Analyst

Delegat Europe (UK)
London, GB

Key Account Executive

Delegat Europe Limited (UK)
London / Midlands, GB

Senior National Account Manager

Bibendum PLB
London, UK

ON-TRADE Sales Executive

Roberson Wine
London, UK

OFF-TRADE Sales Executive

Roberson Wine
London, UK

Judging Week Runners

Decanter World Wine Awards
ExCel Centre, London E16, UK

Sales Administrator

Les Caves de Pyrène
Guildford, UK

Retail Commercial Executive

Laithwaite's Wine
Theale, Berkshire

Wine Buyer

Conviviality Plc
Crewe, UK

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Sales Account Manager - On-Trade

Berkmann Wine Cellars
M3/M4 corridor

Media Sales Manager - Hong Kong

The Drinks Business Hong Kong
Hong Kong

The Global Merlot Masters 2017

Deadline : 31st March 2017

The Prosecco Masters 2017

Deadline : 10th March 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 3rd March 2017

Click to view more

The Global Sparkling Masters

the drinks business is thrilled to announce the launch of The Global Sparkling Masters

The Global Rosé Masters 2016

the drinks business is proud to announce the launch of the Global Rosé Masters 2016.

The Prosecco Masters 2016

Now in its third year, the competition will reflect the growth in popularity of this fresh and exciting sparkling wine from the picturesque regions of Veneto and Friuli.

The Global Pinot Noir Masters 2016

After the success of last year’s competition that judged over 250 wines from no less than 16 countries, the drinks business is proud to announce the third year of the Global Pinot Noir Masters

Click to view more