We examine three trend lines from the recent slate of Hong Kong sales to determine where the market is headed. Like a massive Companion balloon in Macy’s Thanksgiving Day Parade, the mind-boggling $14.8 million paid for a KAWSpainting in Hong Kong earlier this month upstaged every other result from Sotheby’s recent series of sales in the city. But […]
Asian, postwar, and fine art are by far the most bankable categories in Hong Kong. In recent years, Hong Kong has transformed in the eyes of the Western art industry. Formerly a destination that warranted attention primarily during Art Basel Hong Kong and a few scattered auctions, the region now hosts permanent spaces from many of […]
Just over a year ago, thousands of pro-democracy protesters took over Hong Kong’s busiest thoroughfares. This month, 31 life-sized naked bodies made by Antony Gormley fr om cast iron and fibreglass will infiltrate the skyline, overlooking some of the same streets. The arrival of the British artist’s Event Horizon, which is due to be unveiled […]
How do Dubai, Istanbul, or Hong Kong differ from the “traditional” hubs of London and New York? How can artistic activity and its economic corollaries be encouraged? Such were the questions put to a panel chaired by the indefatigable art market expert Georgina Adam at Christie’s London on May 27. Art Dubai director Savita Apte, art critic […]
In the weeks since Art Basel in Hong Kong announced that its 2015 edition would take place nearly two months earlier than in the past, various lines of speculation about the rationale behind the move have been buzzing. With the vast amount of advanced planning that goes into pulling off a major art fair, the packed schedules […]