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'It's impossible to compare 2019 and 2021; it's a completely different world': what has sold at Art Basel in Hong Kong


Art Basel Hong Kong was at full Covid capacity on its opening VIP day
© Art Basel
A radically altered but still lively Art Basel in Hong Kong (ABHK) kicked off on Wednesday (until 23 May), with VIP visitors reaching full Covid capacity, limited to 75% of regular visitors, on the opening day. Turnout was bolstered by the Buddha’s Birthday holiday in the city. “Hong Kong is a small city, and [the Covid era] has the benefit that collectors are here, and not traveling like many would be in usual times,” says Henrietta Tsui-Leung, the co-founder of Hong Kong-based gallery Ora-Ora, showing six artists including Mai Miyake and Peng Jian at the fair. ....

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Colliers Hires John Davies, Terry Shum in Hong Kong


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John Davies will be focusing on Kowloon office and industrial activity
Property services firm Colliers International released a report on Wednesday saying that the worst is over for Hong Kong’s real estate market and the company backed up that prediction just one day later by announcing a pair of senior hires for its local team.
John Davies is joining Colliers as an executive director tasked with upgrading the firm’s office leasing and investment advisory work in Kowloon and the New Territories, according to the company statement. Former Savills director Terry Shum is coming aboard as a director at Colliers, to leverage his Kowloon office leasing expertise while working together with Davies. ....

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Exhibitions at new $450m Hong Kong Palace Museum will offer 'a fresh, contemporary interpretation of Chinese culture'


The museum under construction in the West Kowloon Cultural District aims to relate Chinese national treasures to modern life
Courtesy of the Hong Kong Palace Museum
The Hong Kong Palace Museum will show some 800 Chinese national treasures when it opens in mid-2022, but it should not be seen as a branch of the world-famous institution in Beijing’s Forbidden City, says its director.
“We have no intention to build a branch… but to use Hong Kong as a platform to give a new interpretation of [the Palace Museum’s] collection,” says Louis Ng, a veteran Hong Kong arts administrator, in an interview with ....

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Colliers Hong Kong Hires Former CBRE Broker Stanley Wong


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Colliers Hong Kong has hired former CBRE veteran Stanley Wong as senior executive director for capital markets and investment services, aiming to accelerate growth and attract new clients to the real estate brokerage.
Wong recently left CBRE, where he had handled more than HK$8 billion ($1 billion) in transactions in nearly nine years with the firm’s capital markets team, where he served most recently as an executive director focusing on trades of en bloc buildings and retail podiums.
Helping to round out Colliers’ investment team are senior director Freddy Wan, director Matthew Cheng and manager Joe Yip, all freshly hired after stints at CBRE. ....

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Asia Art Archive Celebrates Its 20th Anniversary At The Hong Kong Country Club


What better way to celebrate Asia Art Archive’s (AAA) 20th anniversary than throwing a party amid the green environs of the Hong Kong Country Club? As the organisation officially left its teenage years behind, more than 30 works donated by artists, collectors and galleries went under the hammer at a highly anticipated invite-only dinner and live auction. Pieces by Yayoi Kusama, Stanley Wong and Irene Chou were among those up for grabs, with all proceeds going to support AAA’s mission to fund education and research into contemporary art in Asia. 
“We are absolutely thrilled to be celebrating 20 years. This is an important milestone for us. We’re equally excited about the continued growth and dynamism of contemporary art in this part of the world and feel privileged to be part of this story,” said Benjamin Cha, co-chair of AAA. ....

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