Wine continues to flow in Hong Kong

Consumers defy city’s retail woes to show strong appetite for wine and liquor, according to sellers at the city’s largest ever Wine and Dine Festival on Friday. The event, which popped open on Thursday and will end on Sunday, has seen Hongkongers flock to the Central harbourfront after knocking off work and ­exhibitors report steady growth in their business. Analysts say alcohol historically has held up well in weaker economic times, as gloomy employees keep drinking in the face of an uncertain outlook – though they might settle for cheaper brands and drink at home instead of while dining out.