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A $21.2 Million Picasso Soars To New Records as Basquiat and Other Western Art Stars Dominate Sotheby's Auctions in Hong Kong

Sales results point to Asia's growing appetite for western art but Asian blue-chip names Zao Wou-ki, Sanyu and Zeng Fanzhi were not sold.

New-york , United-states , China , Hong-kong , London , City-of , United-kingdom , Chinese , American , Christie-hong-kong , Jacqueline-roque , Jay-chou

Picasso and Van Gogh breaks Asia record, despite unsatisfactory results at Sotheby's evening sale | Auctions News | THE VALUE

A powerful tropical cyclone swept over southern China, but it did not deter an international auction house to continue with its sale on 9 October. Sotheby's Hong Kong Modern Art Evening Sale performed much lower than expected, with a total hammer price of HK$485 million (around US$61.7 million) dollars – less than the HK$648 million (US$83.2 million) dollar total estimated price. 

New-york , United-states , Burkina-faso , Hong-kong , Paris , France-general- , France , Netherlands , Florida , China , Taipei , T-ai-pei