auction market

Coming off a stellar year in the Asian art market, which saw records fall at international auction houses like Christie's and Sotheby's and emerging regional powers like China Guardian, commentators are now asking whether the momentum can continue in 2012. Read More

Aside from pushing up prices for Chinese artists, perhaps the most interesting role played by Chinese super-collectors is their ability to shape the buying habits of new, small-scale collectors. Read More

With commentators around the world weighing in on what 2012 will hold for the luxury industry in China and the country's still-booming art auction market, it pays to take a step back and look at some of the major trends that took shape in 2011. Read More

As Chinese auction houses look to set up shop overseas, what we're seeing is less of a desire to compete with Sotheby's and Christie's, and more of a focus on using these offices to source rare and valuable Chinese art for auctions back home. Read More

Buoyed by China's new collectors, ArtTactic's confidence indicator "remains strongly positive," though the differences between domestic Chinese and international auction houses are becoming increasingly stark. Read More

With China surpassing Britain to become the world's second-largest art market by combined auction and gallery sales and overtaking the US to become the world's top market by auctions alone, art market observers have begun to ask if or when China's new collectors will turn their eyes to Western artists. Read More

As a result of few alternative investment options, stock market instability, fears about inflation, and a rising yuan, the presence of Chinese collectors at auction, not only in mainland China or Hong Kong but also in New York and London, has risen quickly on a global level. Read More

He may not be a household name in Western countries, but over the past few years the Chinese painter Qi Baishi has quietly emerged as one of the world's top-selling artists on the strength of his popularity among cashed-up mainland Chinese collectors. Read More

Over the past two years, Guardian and Poly came seemingly out of nowhere to become true potential rivals to globally dominant leaders like Sotheby's and Christie's. Read More

Much as Chinese collectors have caused prices for favored wine vintages like Chateau Lafite '82 to skyrocket at auction in Hong Kong, well-heeled Moutai lovers are bidding hundreds of thousands of dollars for rare vintage bottles. Read More