Chinese billionaires' bid to trim art collection ends in disappointment at Sotheby's Hong Kong auction

Liu Yiqian and Wang Wei managed to only sell 28 of the 39 paintings on offer for a total of HK$455 million (US$58.1 million) 24 per cent less than the bottom estimate.

Related Keywords

United Kingdom ,London ,City Of ,United States ,New York ,Huangpu ,Guangdong ,China ,Hurun ,Guangxi ,Shanghai ,Japan ,Hong Kong ,Briton ,American ,Japanese ,Chinese ,Antony Gormley ,Alex Branczik ,Rachel Jones ,Wang Xingwei ,Wu Kejia ,Sotheby ,Long Museum ,Rene Magritte ,David Hockney ,Pace Gallery ,Tetsuya Ishida ,West Bund ,Huangpu River ,Briton Rachel ,Modern History ,Hurun China Rich List ,Shanghai Pudong ,Art Newspaper ,American Express Centurion ,