Shanghai International Commodity Auction (GUOPAI) Signs Joint Agreement with Australian Wine Index

Top Quote Shanghai International Commodity Auction (GUOPAI) Signs Joint Agreement with Australian Wine Index (Singapore), as the pioneer to hold fine wine auctions in Mainland China. End Quote
  • (1888PressRelease) December 18, 2010 - Shanghai, China - Shanghai International Commodity Auction Co. Ltd. has signed an joint agreement with Australian Wine Index (Singapore) Pte. Ltd. to operate fine wine auctions together.

    "AWI is proud to be the first in company in history to hold fine wine auctions in Mainland China" said Mr. Andrew Basset, Director of Australian Wine Index (Singapore). "This will provide fine wine collectors in China, the venue and opportunity to start, and profit from their wine collection".

    Mr. Edward Davidson (AWI) will be the appointed Fine Wine Expert, who will lead Australian Wine Index, together with Shanghai International Commodity Auction Co. Ltd, as the pioneers to auction fine wine collections in Shanghai.

    A Fine pedigree

    Shanghai International Commodity Auction Co, Ltd. was established two decades ago in Shanghai, by approval of Commerce Ministry of China and Shanghai Municipal Government. It is one of first two auction houses that emerged after the Reform and Opening policies were implemented in China. Since its establishment, GUOPAI organizes many auction activities that draw famous reputation in China - In March 2003, it sold a naming right by auction for a maglev train, the first commercial one in China. November of 2009 witnessed its honor to be the official auction partner of Expo 2010 Shanghai.

    http://www.alltobid.com/guopai/shexpo2010/expospecial/

    Wine Expertise

    Australian Wine Index (AWI) was established in 2000 in Sydney, Australia; In 2003 AWI relocated their HQ and became the first fine wine brokerage company in Singapore, opening to respond to the increased demand for fine wine in the Asia Pacific region.

    Due to the long standing relations with the leading wineries, and vineyards in Australia, AWI are able to source the rarest, and most valuable wines for our clientele. Our services encompass all aspects of fine wine collection - from due diligence when purchasing wine, logistics & provenance, to providing capital growth advice to investors who desire to profit from their wine collection.

    AWI has achieved ISO9001:2008 certification, ensuring that we meet high standards of quality that are respected throughout the world.

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