
Chinese antiques auction outlook in Hong Kong is cautious, despite bidding war for scroll
A 95-minute bidding war would have made headlines even when the Hong Kong auction market was at its frothiest a decade ago, so a recent protracted battle over a 14th century Chinese calligraphy scroll was all the more remarkable for coming four years into a market downturn. Rao Jie’s 700-year-old, six-metre long, cursive-script calligraphy of…