auction market

Mainland Chinese auction houses are hoping to compete with international rivals like Sotheby's and Christie's in Hong Kong by targeting the most sensitive place for regional collectors: their pocketbooks. Read More

2012 proved a more complex and challenging year for auction houses in Hong Kong and mainland China, coming off a stellar 2011 during which the Chinese art market grew to $33.8 billion. But what could 2013 hold in store? Read More

With Christie’s, Bonhams, Beijing Poly, Ravenel, Seoul Auction, Tiancheng and United Asian Auctioneers holding overlapping auctions in Hong Kong through November 28, the city is the center of attention in the auction world this week. Read More

Yet another auction controversy regarding the sale of Chinese antiques at an international auction house has illustrated the difficulties surrounding this auction segment. Read More

Amid a drop in property prices, lower economic growth rates and a crackdown on art importers in mainland China, the upcoming Sotheby's autumn auction series in Hong Kong will test the strength of Chinese demand for art, wine, watches and jewelry as both alternative investments and luxury goods in their own right. Read More

Though China's domestic art and antique auction market is now the world's largest, the home-grown auction industry continues to suffer from a dearth of credibility, damaged by poor authentication standards, a lack of regulation, rampant non-payment and untested upstarts crowding the market. Read More

With the autumn auction season approaching, major auction houses are taking stock of what we can expect to see in the Asian art market in the remainder of the year, following lower overall volumes despite record-breaking sales in Hong Kong this past spring. Read More

The Chinese art market is undoubtedly changing, and moving beyond from the massive price boom we saw in early 2011, but this is probably a good thing for the state of the market. Read More

Along with its status as the world's largest wine auction market, recent years have seen Hong Kong become a key art market as new mainland Chinese collectors and skittish local investors have turned to art as a relative safe haven. Read More

Relative newcomers compared to the likes of Christie's and Sotheby's, China Guardian and Beijing Poly have quickly emerged as the world's third and fourth-largest auction houses by feeding booming demand for art and antiques in their native mainland China. Read More