Posts found in 'Auction'

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Zhang Xiaogang Smashes World Record With $12.1 Million Sotheby’s Sale

A new record for the artist at auction demonstrates the rising momentum of Chinese contemporary art as new Chinese collectors enter the market.

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ZhangXiaogang

China’s Growing Collector Base Is Turning Chinese Contemporary Art Into A Major Blue-Chip Asset

Top Chinese contemporary art prices currently lag behind their Western counterparts, but China's investment-minded wealthy are likely to narrow the gap in the coming years.

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Christie's "Fine and Rare Wines" sale with its "oriental" theme did well, with all of its top lots going to Asian buyers. (Christie's)

Burgundy Keeps Tight Hold On Hong Kong Crown At Christie’s March Auction

Despite a decline in global wine auction revenues, Christie's efforts to cater to Chinese tastes with "Oriental"-themed collections paid off in its recent Hong Kong wine auction.

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Panelists and presenters at the artnet/CAA summit “The Chinese Art Market – Present and Future,” in New York on March 13. (artnet)

Why The Future Holds ‘Unmatched Potential’ For China’s Gigantic Auction Market

In an interview with Jing Daily, artnet News Editor in Chief Benjamin Genocchio discusses why the global art world needs more China knowledge.

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Chinese buyers

China’s New Collectors Drive Global Art Market Rebound

The global art market is almost back to a pre-crisis level—and Chinese buyers are playing a major role.

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