Artprice: Hong Kong Drives the Contemporary Art Market
Art Business

Artprice: Hong Kong Drives the Contemporary Art Market

HONG KONG , May 29, 2019 /CNW/ — Christie’s, Phillips and Bonhams have at last started their 2019 sales programme in Hong Kong , two months after the other major auction houses began theirs. Sotheby’s, China Guardian , Poly, Council and Seoul Auction organized their first major Hong Kong sessions just after the Art Basel Hong Kong fair. This unusual split in the major sales calendar (especially between Christie’s and Sotheby’s) appears to have benefited the Hong Kong Art Market, which is now more evenly spread over the first half of the year. According to thierry Ehrmann, Artprice’s CEO and founder, "one of Hong Kong’s major advantages is its capacity to offer an extraordinary mix of works from around the world. In this respect, it is absolutely unique in the world, turning over the best works from China, Japan and all of Southeast Asia , but also from Europe and the United States . Phillips’ recent evening sale included works by Zao Wou-Ki , Roy Lichtenstein , Zhang Xiaogang , Yoshitimo Nara and Andy Warhol . The selection was both prestigious and universal… a perfect reflection of the wealth of the Hong Kong marketplace. That’s why all the big […]

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