On August 7, 2025, Red Star News reported that the Zhanjiang Intermediate People's Court in Guangdong Province would auction off 1,750 bottles of various Moutai liquor on the Ali Judicial Auction Platform on August 16. The starting price for the auction is 1,651,572 yuan.
2021-08-23 MORE >Cases involving cultural relics and art auctions exhibit complex legal relationships and intense disputes between the parties involved. On June 12, the Dongcheng District Court in Beijing released the Cultural Relics and Art Auction Case Judgment White Paper (2014-2024). The white paper points out that the declaration to waive warranty for defects has become a common practice in the cultural relics and art auction industry. The auctioneer’s obligation to truthfully disclose information about the auction items, along with the defect warranty waiver statement, often becomes the focal point of legal disputes in these cases.
2021-08-23 MORE >Even if one has never been to an auction, many people have seen auction scenes in TV dramas: "Starting bid, 5 million!" "6 million!" "6.5 million!" "10 million, first time, 10 million, second time, 10 million, third time..." The auctioneer then looks around to confirm no further bids are made, and finally brings down the hammer, announcing the sale.
2021-08-23 MORE >mobile:4008688928
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