Mark Rothko painting sells for 30% less than in 2015, showing Hong Kong market challenges
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…
