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Trading Halt, Surprise Takeover and a Supermarket Wine Bar That’s Winning China

Trading Halt, Surprise Takeover and a Supermarket Wine Bar That’s Winning China

Big wins and bold moves

Natalie Wang
December 16, 2025

After its share price slid to a new low, Australian wine giant Treasury Wine Estates has halted trading ahead of a closely watched investor call on Wednesday. The move follows a A$687 million impairment in its U.S. business and softening demand in China — two of its most important markets. What signals might emerge from the call?

China’s most talked-about wine bar right now is not hidden in a trendy alley, but sitting inside an AEON supermarket. The retailer’s in-store wine bar has quietly become a hit with drinkers, offering a new glimpse into how wine consumption is evolving on the ground.

In a surprise development, the founder of China’s largest specialist liquor retailer has taken control of Grace Vineyard, one of the country’s best-known boutique wine producers, in a deal disclosed this week. The move raises fresh questions about 1919’s long-rumoured return to capital markets — and what lies ahead for Grace Vineyard itself.

We also bring you exclusive interviews with key industry decision-makers, including Stanley Lee of Mega Wines, one of China’s leading Australian wine importers, as well as JM Cazes and Champagne Lenoble.

For more on the wine industry in China and Asia, be sure to subscribe to our website to read more subscriber-only content.

TWE Halts Trading as China, U.S. Pressures Mount

The Penfolds owner freezes its shares ahead of a crucial market update, following a A$687 million U.S. impairment and weakening demand in China.

What to Know About Swan Valley, the Birthplace of Western Australian Wine?

Established in 1829, Swan Valley is the birthplace of Western Australian wine and home to the region’s oldest surviving vines.

Bonhams HK Hits White-Glove Sellout in Edouard Delaunay’s First Ex-Cellar Auction

Bonhams Hong Kong posted a white-glove result in its debut ex-cellar partnership with Burgundy’s Edouard Delaunay, selling 100% of the lots in an online auction featuring rare verticals and exclusive cuvées from the historic estate.

Aeon’s Wine Bar Is The Latest Hit Among Chinese Wine Drinkers, Here’s Why

A tiny bistro inside a Guangzhou AEON is drawing crowds with ultra-cheap glass pours — reshaping wine habits and redefining what an entry-level wine experience can be.

From Bordeaux to the World: JM Cazes’ 30-Year Bet on Asia

In Hong Kong, Jean-Baptiste, COO of JM Cazes Selection, told Vino Joy News that despite global challenges, the group’s business in Asia has remained robust. The region contributes 30% of the company’s global turnover, with several markets posting strong growth.

Founder of China’s Liquor Retail Giant 1919 Buys Grace Vineyard

The founder of China’s largest specialist liquor retailer has emerged as the new controlling shareholder of Grace Vineyard, one of the country’s best-known boutique wine producers, in a deal that links two previously separate corners of China’s drinks industry.

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How One of China’s Top Australian Wine Importers Is Starting Over

As tariffs lift and Australian wine re-enters China, leading Australian wine importer Mega Wines confronts a transformed market defined by shrinking business demand, cautious distributors and shifting consumer tastes.

With Champagne Shipments Down, Lenoble Bets on Terroir and Precision

As global volumes fell 9.2% in 2024, Champagne Lenoble CEO Guillaume Truchot says the softer market is proving favourable for smaller, terroir-driven houses focused on quality rather than scale.

Who Leads the ‘Posh Pink’ Trend?

At the 2025 IWSC, a rosé from New Zealand tied with a Provence rosé for the highest score in the category, earning one of the competition’s most prestigious distinctions.

A$687 Million Impairment Triggers Selloff as TWE Shares Hit 10-Year Low

Treasury Wine Estates’ shares fell to their lowest level in a decade last week after the company announced a A$687 million write-down on its U.S. operations.

What to Know About Australia’s Great Southern?

As global demand surges for elegant, cool-climate styles, one region in Western Australia has stepped into the spotlight—producing world-class Riesling, expressive Shiraz and Chardonnay of startling finesse.

China’s Top 100 Importers

The 237-page report offers an in-depth analysis of regional dynamics and market opportunities across North China, Northeast China, East China, South Central, Southwest, and Northwest China. It identifies the top 100 wine importers currently operating in mainland China. This regional breakdown provides a clear picture of where market influence is concentrated—and how each part of the country is shaping the growth and transformation of wine consumption in China.

Exploring Geographe: Western Australia’s Diverse and Emerging Wine Region

Only about 1.5 hours by car from Perth, Geographe stretches from coastal plains to rolling hills and the bushland of the Ferguson Valley. Its varied landscape and maritime influence have made it one of Western Australia’s most charming and promising wine regions.