HONG KONG.- Christie's Hong Kong Luxury Week live sales commenced on 22 May 2026 with 'Iconic Wines from Joseph Lau Part V – The Final Part', which realised a total of HK$36,851,250 / US$4,703,443, and was 100% sold. Competitive, international bidding drove the hammer price to 129% over the low estimate. New and younger collectors were drawn to the outstanding wines offered – 24% of buyers were new, of whom 43% were Millennials. The top lot was six bottles of Henri Jayer, Vosne-Romanée Cros Parantoux 1995, which sold for HK$1,312,500 / US$ 167,519, almost tripling the low estimate. The results are a testament to strength of the fine wine market in Asia.

Bringing the series to a triumphant finale, 'Iconic Wines from Joseph Lau' has achieved a combined total of HK$274,979,750 / US$35,299,899 across Parts I–V, establishing it as the most valuable wine collection ever sold at Christie's globally. With an exceptional average sell-through rate of 98% and a combined hammer price of 160% above the low estimate, the series stands as a powerful testament to the calibre and rarity of Joseph Lau's wine collection, as well as Christie's unrivalled leadership in presenting the world's most prestigious single-owner collections across categories.

Joseph Lau remarked, “This collection has long been a source of personal passion, and it is rewarding to see this passion continue through connoisseurs who share my appreciation for the rarest and finest wines. Working with Christie's over the years, we have presented this series of sales since 2022 and witnessed the strong global enthusiasm it has inspired. As this final chapter concludes, I am confident that these bottles will continue to be valued and enjoyed by discerning collectors for years to come.”

Adam Bilbey, Christie's Global Head of Wine & Spirits commented, “It is gratifying to see Mr Lau's remarkable collection conclude with outstanding results following our first sale in 2022. It has been our honour to work closely with both Mr Lau and his team over many years and to continue our deeply trusted relationship. Throughout this journey, the collection has consistently inspired passionate engagement from collectors across the region and around the world. This landmark series, now the most valuable sold at Christie's, has been a defining moment for Christie's wine auctions worldwide, as we celebrate the 60th anniversary of Christie's Wine Department.”

Christie's Wine sales in Hong Kong continue on 11 June with 'The Opulent Cellar: Online', offering collectors another opportunity to acquire rare and prestigious wines.

In 2026, Christie's, the world-leading art and luxury business, is celebrating its 40th Anniversary in Asia. Over the last four decades, Christie's has established itself as Asia's leading house, orchestrating many of the region's most historic and record-breaking sales of exceptional objects and collections, driving region-wide expansion, and pioneering digital innovations that have redefined the way Asian collectors connect with and experience the industry. To celebrate this milestone, Christie's is presenting a year-long programme of art and luxury sales, exhibitions and events across the region. Stay tuned for details announced throughout the year.