• Record Number Of Mainland Chinese “New Collectors” Flock To UK Auctions

    In recent auctions, Chinese buyers have been among the most motivated and competitive, even surprising Hong Kong collectors and art dealers, one of whom remarked last month, "“The Chinese are out in force...It’s hard to outbid them.” This week, a series of auctions of Asian art were held in London, and the Chinese collectors referenced by that Hong Kong collector were certainly "out in force" once again. Read More
  • “The Chinese Are Out In Force” At Sotheby’s Hong Kong Auctions

    The Sotheby's Hong Kong autumn auction (which continues until Thursday) has given market observers plenty of jaw-dropping figures, as this weekend's fine wine auctions brought in nearly $8 million USD over two sessions ($61,563,849 HKD), Fine Chinese paintings took in US$23.5 million, 20th century Chinese art made US$14 million and today's contemporary Chinese and other Asian art pulled in almost US$15 million -- mainly on the strength of contemporary Chinese artists, although Japanese artists Nara and Murakami did well. Read More