The Research On China's Wine Investment And Wine Investment Models' Perspective In The Coming Five Years

This thesis firstly introduces the general wine knowledge including thewine definition and the global wine production zones as well as the investmentgrade wine; then describes the external and internal environment affecting onwine investment in China; the third chapter calculates wine investment returnvia simulation by using linear regression models, which results in the assetsvalue preservation function especially in the economic slump periods, thenpredicts and studies the factors which possibly affect the wine investmentreturns, the results of analysis show that the GDP per capita and the wineproduction which represent respectively the demand and supply to some extentare two main factors affecting the wine prices and investment returns; thechapter four applies investment portfolio efficient frontier theory to analyze theinfluence of wine assets allocation into a traditional stocks portfolio on theinvestment portfolio return and risk, so as to prove the allocation of wine assetsinto the traditional stocks portfolio is contributive to the portfolio's return andrisk; the next chapter mainly introduces the current wine investment models ininternational markets as well as in the local market and further studies and predicts the possible wine investment models in China in the coming five years;the chapter six give a final conclusion for this thesis. The objective of writingthis thesis is to hope provide valuable reference to local FinancialInstitutions(Banks, Trust Companies, PEs etc) on portfolio diversification andproducts development.