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Jing Daily’s China Luxury Brief: December 16, 2013
Welcome to Jing Daily’s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Read More
Poly’s Planned Hong Kong IPO Reveals Global Auction Powerhouse Ambitions
The upcoming public offering by China's top auction company is likely to have major implications for the international market. Read More
Separating Hype From Reality In China’s Auction Market
Recent coverage of the Chinese art world misses many important distinctions that must be made about the auction market in mainland China as well as Hong Kong. Read More-
Why A Slowdown In Asia’s Art Market Could Benefit Chinese Art
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 -
New Report Shows Chinese Contemporary Art Market Confidence Higher Than US & Europe
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 -
Educating New Chinese Collectors A Cash Cow For Major Auction Houses
Although Hong Kong is clearly already a money-maker for auction houses like Sotheby's and Christie's, over the past year these auction houses have sought to cultivate a broader collector base in emerging markets like mainland China via more educational offerings. Read More -
New York Auctions Fueling Sotheby’s, Christie’s Dominance In Hong Kong
Over this past weekend, both Sotheby's and Christie's saw strong results at a sprawling set of auctions in New York, as a relatively new set of buyers in the city crushed estimates to get their hands on important jade carvings, antique furniture, and bronze artifacts. Read More -
Chinese Auction Houses In State Of Transition
More flush with cash than ever due to the massive buying of new Chinese collectors in recent years, domestic Chinese auction houses like China Guardian and Poly are now setting their sights on new, far-flung markets like London and New York. Read More -
Amid Market Turbulence, More Chinese Investors May Turn To Art
Having relatively few investment options at their disposal, recent economic turmoil means we can expect more investors to join the ranks of China's new collectors, who have increasingly driven sales at auction houses not only in mainland China but also Hong Kong, London and New York. Read More -
Chinese Auction House Beijing Poly Primed For IPO?
Over the past few years, business has been good for Poly, with the house's contemporary and traditional Chinese art, antiques, wine and baijiu auctions making it to the third-largest auction house in the world. Read More
