Christie’s Evening Sale was led by a $14.5 million Jean-Michel Basquiat. Christie’s Closing with a combined $154,418,490 across the three auction houses, last week’s Hong Kong marquee auctions confirmed an Asian market now far more cautious and selective than in previous cycles—a shift in pace and taste made all the more apparent by the galleries’…
More than 200 works by Chinese-French master Zao Wou-Ki, one of the greatest abstract artists of the mid- to late-20th century, will be shown at Hong Kong’s M+ museum later this year. The venue on Thursday said it was planning Asia’s first major retrospective of Zao’s graphic works with an exhibition tentatively titled “Zao Wou-Ki:…
Hong Kong, a global hub for art and finance, is at the forefront of a revolution where art meets blockchain technology. The rise of NFTs (Non-Fungible Tokens) and RWA (Real World Asset) tokenization is redefining the art market, expanding its reach and lowering entry barriers. At the upcoming World Expo in Hong Kong, these innovations…
Despite a slowdown in the global art market, auction house rivals Christie’s and Sotheby’s upgraded their commercial showrooms in Hong Kong earlier this year, as they shift from renting exhibition spaces to hosting auctions and events in-house. For its revamped showpiece, Sotheby’s chose a two-storey, 24,000 sq ft space in Hongkong Land’s Landmark Chater building…
The big arts event in Hong Kong this weekend is Hong Kong-born conductor Elim Chan’s guest appearance with the Hong Kong Philharmonic Orchestra this Friday and Saturday. There are also many art exhibitions taking place, including previews of upcoming auctions that do not charge for entry, that are worth checking out this weekend. 1. Hong…
Angelle Siyang-Le, director of Art Basel Hong Kong. Courtesy of Art Basel While Art Basel Miami Beach is just around the corner, Art Basel Hong Kong has already announced the gallery list and details for its 2025 fair, set for March 28-30 at the Hong Kong Convention and Exhibition Centre. This year’s edition will showcase…
A painting by Mark Rothko that once belonged to fugitive Malaysian financier Low Taek Jho (commonly known as Jho Low) and which went viral in 2022 because of its resemblance to the Ukrainian flag was sold in Hong Kong on November 11 for HK$252.5 million (US$32.5 million), 30 per cent lower than its previous auction…
The day after Christie’s inaugurated its new Hong Kong headquarters with a $134 million evening 20th/21st century art sale, reality bit for the house, as its first 21st Century day sale brought in just $16 million plus fees. Christie’s, Sotheby’s, and Phillips have each made major investments in Hong Kong and elsewhere in the region…
After months of promotion, Christie’s held a glitzy grand opening for its new Asian headquarters at the Henderson in Hong Kong’s Central district last week. The first big test for the new venture came on Tuesday when it held its inaugural evening sales there. The evening featured two back-to-back sales from two different categories; together,…
The much-anticipated inaugural sales at Christie’s new Asia Pacific headquarters in Hong Kong kicked off Thursday with a 20th/21st century art evening sale that achieved a total, with fees, of just over $1 billion Hong Kong dollars, or about $134 million. The hammer total for the evening was HK$883.1 million ($113.4 million). Located in The…