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Art Basel Hong Kong 2024 first impressions: contemporary art fair, back at full scale, draws a diverse VIP crowd

More international VIPs than in 2023 attend opening day of the fair, which in scale is back to what it was before pandemic. Galleries report strong sales.

South koreaHong kongUnited statesSouth koreanWang xingweiHauser wirthFuyuhiko takataGalerie urs meileBasel hong kongStacie luoJulia liMark bradfordDavid zwirnerSam roknivandClaudia chenSheikha nawar al qassimi

By the Numbers: A Breakdown of Results From Christie s Hong Kong s 20th/21st Century Evening Sale, November 2023

A breakdown of the auction results from Christie's Hong Kong 20th/21st Century Art Evening Sale, November 2023.

Hong kongFrance generalRepublic ofGeorge condoThawan duchaneeYoshitomo naraWassily kandinskyGeorgina hiltonLiu weiLee ufanWang xingweiCheong soo piengZhang xiaogangTakashi murakamiPratuang emjaroenPrapavadee sophonpanich

Despite Setting Sales Records, The Auction Of The Long Museum Founders Collection Fell Flat At Sotheby s Hong Kong What Went Wrong?

Despite Setting Sales Records, The Auction Of The Long Museum Founders Collection Fell Flat At Sotheby s Hong Kong What Went Wrong?
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City ofUnited kingdomHong kongNew yorkUnited statesWang weiAsia jonas woodA alfred taubmanMark bradfordAlex katzMiriam cahnYayoi kusamaPatti wongTsuguharau foujitaAmedeo modiglianiLiu yiqian

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.

United kingdomCity ofUnited statesNew yorkHong kongAntony gormleyAlex branczikRachel jonesWang xingweiWu kejiaLong museumRene magritteDavid hockneyPace galleryTetsuya ishidaWest bund

Despite Setting Sales Records, the Auction of the Long Museum Founders Collection Fell Flat at Sotheby s Hong Kong What Went Wrong?

With many premium lots unsold, the sale total did not meet the presale expectations, even inflated by fees.

Wang weiNew yorkUnited statesDavid hockneyMiriam cahnYayoi kusamaSotheby hong kongWang xingweiLiu yiqianTsuguharau foujitaSotheby asiaAlex katzOliver barkerMark bradfordPatti wongAmedeo modigliani