Chinese People Love Luxury Goods And Breed New Business Opportunities.

China's insatiable appetite for famous wines, stamps, and the old cars are making profits from this demand.

China's growing middle class and their popular West.

In Sotheby's auction last year, 60% of global liquor sales came from Hongkong.

In 2010, the auctioneer sold $88 million 300 thousand worth of wine, of which 52 million 600 thousand were in Hongkong, 21 million in London, and 14 million 700 thousand in New York.

Due to China's demand, the price of stamp collection has also soared.

There are 30 million stamp collectors in China, more than any other country, and the price of stamp recently auctioned has reached a record high.

Now, the IGA motor fund company is launching the first fund to rely on a classic car profit.

The fund will buy a rare old car that it believes is most likely to increase.

In terms of classic cars, China is an expanding market, and the International Federation of old vehicles (Fiva) is organizing various activities for wealthy Chinese buyers.

The interest of Chinese rich people in famous wines has brought the price of wine to a record high.

For example, the price of Lafite red wine in 2008 rose to 14 thousand pounds from 4400 pounds last year (1 pounds, or 10.6 yuan - Ben net note).

Profits from investment in wine companies also soared.

Serhan Cevik and Takhsin Siddiq of the International Monetary Fund said: "although the famous liquor can be regarded as an investable asset, its price behavior is not quite different from that of other commodities, so it may not increase the diversity of investment portfolios."

Some famous liquor investors have sold some of their famous wines.

Chris and David Frost, the collector, reportedly sold Bordeaux wines collected at a six figure price.