Chinese wines going global

Dynasty Fine Wines financial controller and company secretary Rex Yeung discusses the challenges of his job.
Rex Yeung
Rex Yeung

China’s love affair with wine stretches back millennia, though its modern-day relationship with the grape beverage began in 1980 when a farsighted Tianjin local government struck an investment deal with a French winemaker. The result was Dynasty Fine Wines, now one of the top three wine producers in China.

The HK$1 million $129,000 investment from Rémy Martin Rémy Cointreau remains a 27% shareholder has helped to create a company whose market capitalisation has grown to over HK$4 billion since its IPO on the Hong Kong Stock Exchange in 2005. Dynasty Fine Wines has now evolved from a pure manufacturer into a retailer and exporter, also signing reciprocal distribution agreements with overseas...

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