Fine wine offers investment opportunities
By Shi Jing in Shanghai | China Daily | Updated: 2019-08-12 07:28
Amid consumption upgrade, Cult Wines to persuade investors to spread risk
At a time of mounting global economic uncertainties and market volatility, Chinese investors can exploit investment opportunities in fine wine to offset risks elsewhere, suggested Cult Wines, a global wine investment company.
According to the 2019 Fine Wine Investment Report released by Cult Wines in late July, the LIV 1000 index, a gauge widely recognized by domestic and foreign investors, had seen an annualized return rate of 6.9 percent from 2008 to 2018.
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