Joseph Lau Wine Collection Fetches US$35M Across Five Christie's Sales

On May 22, 2026, Christie's Hong Kong Luxury Week concluded with its final event, 'Iconic Wines from Joseph Lau Part V,' which raised an impressive HK$36,851,250 (about US$4,703,443) and achieved a remarkable 100% sell-through rate. Bidding saw fierce international competition, driving prices up by 129% compared to initial estimates. Interestingly, 24% of the bidders were first-timers, with Millennials representing 43% of that new crowd. A standout moment of the auction was the sale of six bottles of Henri Jayer, Vosne-Romanée Cros Parantoux 1995, fetching HK$1,312,500 (around US$167,519), nearly tripling its low estimate. In total, the five-part series amassed HK$274,979,750 (US$35,299,899), making it the most valuable wine collection ever auctioned.