With all of the new wealth blossoming across Asia, it is hardly surprising that China has surpassed the United States as the biggest auction market for art and collectables after auction sales more than doubled in only one year. According to the French Auction Market Authority, sales in China – including Hong Kong – leapt 137% in 2010 to a whopping $10.8 billion.

As Asia continues to see a rise in wealthy citizens, A. Lange & Söhne has opened their fifth and latest boutique in the heart of Hong Kong to cater to an ever-growing demand for luxury timepieces. Following their Dresden, Shanghai, Tokyo, and Seoul locations, the brand hails from Saxony with a line of exceptional and precisely crafted timepieces that have captured the interest of horology enthusiasts the world over – most recently in Hong Kong.

Watching what you eat has just gotten a whole lot easier – and technologically advanced. An innovative new concept called Nutrismart by Hannes Harms has been designed to work with advanced technology to sense what is going into your stomach, how much of it, its caloric value, and more, making it the ultimate tool for the savvy diner.

With summer comes the opportunity for travel and leisure. Louis Vuitton’s Spring/Summer 2012 bag, accessories, and luggage collection will ensure you jetset in luxury, and with the utmost class. Drawing on a sense of the classic Louis Vuitton Maison legacy, the new collection will witness again the presence of the luxe VVN leather – traditionally used as trim for the famed Monogram luggage – to provide accenting on outerwear, in the distinctive flat-pac sandals, and on many of the new mix-and-match belts, in addition to wooden marquetry elements.

For more than five years now, a yacht has been in development to meet the needs of an experienced seafaring Hong Kong couple and their family – power, comfort, style, and supreme luxury. The Adastra 42.5m Trimaran – currently under construction at McConaghy Boats in China – is the product of these five years of design, a stunning yacht with excellent sea keeping qualities, low fuel consumption, and luxe accommodations.

While the global economy has thrown us some curveballs recently, one thing has remained constant – the need to tell time, and to do so in style. In May, Swiss watch exports, despite what else may be going on in the world, have risen 40.1% in real terms to 1.64 billion Swiss francs, with nearly every other market in the world also reporting an increase.

It is of no doubt that Mercedes-Benz is responsible for creating some of the world’s most revered and coveted vehicles in automotive history, and that fact is only solidified by the coming auction of the iconic 1937 Mercedes-Benz 540K Spezial Roadster, which is set to go on sale this August with RM Auctions – and be the most expensive Mercedes-Benz ever sold at auction.

One aviation enthusiast takes his dedication to collecting seriously with a nearly £100,000 purchase of a droop nose cone from the iconic British Airways Concorde jet. The nose is the defining element of the celebrated model and the private collector – a London property magnate who wished to remain anonymous – has snagged the piece to display on the wall in his home.