The Vanishing Wine Smugglers of Hong Kong and Shenzhen

Hong Kong and Shenzhen have long been smuggling hubs for getting premium Bordeaux wines into mainland China, but that trade is rapidly disappearing. Tighter surveillance using big-data systems, combined with weaker demand and shrinking profit margins, is squeezing out the grey-market operators who once thrived in this space. The shift suggests the wine trade into China is consolidating around official channels.