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By: Crystal Wong | Photos: Justin Cheng 28 Apr, 2021 | Wed | 19:30
While the global art industry is still in recovery mode, Hong Kong has proven to be a resilient market despite the ongoing travel ban. Led by the modern and contemporary art sector, in particular, the first half of the Hong Kong spring auction that took place in April already set the bar high for the season.
Among the top ten seven-figure works, which totaled over US$178.6m, Western artworks secured four spots, against two Chinese antiques on the list, highlighting Asia’s burgeoning appetite for Western art.
Nine out of the top ten lots were auctioned off at Sotheby’s Hong Kong sales, with the house s rival Christie’s marquee sales being just around the corner, keen collectors and art enthusiasts alike are bound to see more high-caliber artworks on their way.