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How Often Should You Change the Water for Japanese Koi? A Single Fish Priced at 600,000 Yuan Is Trending Among Asia's Wealthy

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Japanese koi are trending among Asia's wealthy, with a single fish priced at 600,000 yuan. Click "International News Express" to subscribe for free. [Comprehensive report by Huanqiu.com] Japanese koi, known as "living gems of the water," have recently been growing in popularity among the wealthy across Asian countries. According to a report by Yonhap News Agency on August 30, ...

Japankoiare trending among Asia's wealthy, with a single fish priced at 600,000 yuan

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[Comprehensive report by Huanqiu.com] Japanese koi, known as "living gems of the water,"Japanese koihave recently been growing in popularity among the wealthy across Asian countries. According to a report by Yonhap News Agency on August 30, koi originally kept in the ponds of Japanese-style gardens were quite ordinary, but Asia's wealthy have driven their price up to 10 million yen per fish (about 600,000 yuan).

According to reports, in mid-June, the annual koi auction was held in Bangkok, the capital of Thailand. The auction venue was unprecedentedly packed, drawing company presidents, lawyers and other members of the wealthy class.

The koi at the event sold out very early on, and some koi were auctioned off for about 450,000 yen, equivalent to a local office worker's annual base salary. After buying the koi, these wealthy individuals do not keep them at home but entrust them to professionals to raise in Japan.

Japan's NHK television reported that, according to industry rumors, unlike other Asian countries, in Japan, the birthplace of koi, the popularity of koi is gradually declining and sales are also decreasing. In Japan, more and more young people live in apartments or Western-style buildings, and Japanese-style homes with koi ponds are also decreasing.

A koi dealer in Aichi Prefecture, Japan, said that in other Asian countries people prefer tropical fish as ornamental fish and are not interested in koi. But with economic development, the situation has changed greatly since 10 years ago. Many wealthy people have begun to take an interest in Japanese culture and want to own expensive and beautiful koi.

Therefore, companies have also changed their overseas sales methods. Previously, they sold large quantities of fry at low prices for small profits, but now they select carp that can develop a good appearance, raise them into high-grade koi and sell them individually. Overseas sales now account for 70% of total sales. (Intern translator: Jiang Jiayue; Reviewer: Li Tingting)

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