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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.

Is This the Art Fair of the Future? At Art Basel Hong Kong, Dealers Beam in as Holograms and Galleries Hawk NFTs for Crypto

Kamel Mennour s booth at Art Basel Hong Kong. © Art Basel Inside a dark room at Art Basel Hong Kong, Emi Eu, the director of Singapore’s STPI Creative Workshop & Gallery, was giving a group of eight guests a detailed introduction to Korean artist Haegue Yang’s works on paper.  Then, when the session was over poof! she disappeared.  Eu was part of a futuristic experiment that enabled overseas dealers stymied by travel restrictions and the mandated up-to-21-day quarantine to beam into the fair using hologram technology. This was one of many new experiments in evidence during the first physical Art Basel fair since the pandemic. 

Send art, not staff: more than half of Art Basel in Hong Kong galleries take ghost booths

Send art, not staff: more than half of Art Basel in Hong Kong galleries take ghost booths
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Optimism stays in frame for art scene

Resilience seen among Asian buyers, with China recovery aiding prospects Gallery owner Meg Maggio is optimistic about the prospects for the Asian art market in 2021, believing buyers appetite will hold up even as the coronavirus changes how the players connect. Maggio, the director of Pekin Fine Arts, with contemporary art galleries in Beijing and Hong Kong, has witnessed how the ranks of the region s art collectors have expanded in the past few years, and hopes that the buyers will remain in the market. The art market moves in tandem with the economy. What comes first is the foundation of Asian economic growth . it doesn t look like it s affected too much (by the pandemic). And that s because of the strength of domestic consumption, said Maggio, who is from the United States.

Spotlight by Art Basel 2020 Showcases Art During The Pandemic

From November 26 to 30, Art Basel pulled off an event that many doubted was possible in a pandemic: a real-life, in-person art fair. Titled Hong Kong Spotlight by Art Basel, it was the only physical event the company held in 2020: Covid-19 forced it to cancel its flagship fairs in Basel, Miami Beach and Hong Kong, and pivot to hosting online sales instead. Twenty-two galleries took part in Hong Kong Spotlight, among them international players like Gagosian and Simon Lee Gallery, as well as local names such as Kwai Fung Hin and 10 Chancery Lane. The fair kicked off just as the fourth wave swept into the city, but nothing could deter art collectors and connoisseurs from getting their fix: 8,000 of them visited Hong Kong Spotlight and its neighbour, local fair Fine Art Asia, which took place simultaneously at the Hong Kong Convention and Exhibition Centre.

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