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April's Top Ten Hammers in Hong Kong Spring Auctions that Reaped Over US$178m, Driven by Asia's Strong Demand for Western Artworks | Auctions News | THE VALUE - Vimarsana News

April's Top Ten Hammers in Hong Kong Spring Auctions that Reaped Over US$178m, Driven by Asia's Strong Demand for Western Artworks | Auctions News | THE VALUE

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...

Picasso's Matador Painting Sold for US$18m at Sotheby's Hong Kong Cross-Category Art Auction | Auctions News | THE VALUE - Vimarsana News

Picasso's Matador Painting Sold for US$18m at Sotheby's Hong Kong Cross-Category Art Auction | Auctions News | THE VALUE

By: Crystal Wong 18 Apr, 2021 | Sun | 20:43 With travel restrictions still ravaging the art industry, auction houses are pulling out all the stops to work out a new normal for their auction lineups, including auctions that feature a mix of genres from different eras. Earlier tonight, saw Sotheby’s cross-category evening sale in Hong Kong. Touted by the auction house as one that spans a thousand years of history by great artists from the East and the West. This season’s modern and contemporary sales were opened with this diverse sale, which achieved a total hammer of ...