Tag Archives: art auctions

CHINA ART MARKET TRENDS ART COLLECTORS A recent article published on English.news.cn by the Xinhua News Agency has highlighted the emergence of Chinese mainland buyers of high-priced modern and contemporary Western art. The article reports that top art dealers and auctioneers … Continue reading →

ART COURSE CHINESE ART A half day seminar “State of the Art – China 2010: Trends and Developments in Chinese Contemporary Art” will be hosted by ArtInsight and the University of Westminster – Asian Studies department on 12 April 2010.  … Continue reading →

CHINESE CONTEMPORARY ART MARKET Chinese Contemporary Art Lots Sell Out in London Major auctions held in February 2010 in London featured impressive sales of Chinese contemporary art works reports Jing Daily with surprisingly high sell-through rates compared with works from other markets. The rising … Continue reading →

AUCTION PERFORMANCE It may be of some surprise that Asian artists have outperformed their Western counterparts in “first time auction results” during the height of the art market boom. According to ArtPrice’s 2008/2009 contemporary art market report, buyers are giving … Continue reading →

SINGAPORE AND HONG KONG’S COMPETING ART MARKET Singapore’s art scene has grown rapidly since its 1989 government mandate to recognize the “importance of culture and the art.” Thriving to a point that, according to The Wall Street Journal, Hong Kong–Asia’s … Continue reading →

ASIAN ART MARKET For the first time ever, the total auction revenue from “contemporary art in Asia” is greater than the total of the United States artprice reports. The statistics are collected from a 12-month period spanning from July 2008 … Continue reading →

ASIAN ART MARKET TRENDS Usually, to be a part of the bubbling Asian art market scene, buyers need to associate themselves with industry leaders Christie’s and Sotheby’s for lack of other options. In South East Asia, however, there’s a new … Continue reading →

SOTHEBY’S AUCTIONS HONG KONG CONTEMPORARY ASIAN ART Although called a Contemporary Asian Art auction, this sale was dominated by Chinese artists which was a canny move by Sotheby’s given that mainland liquidity is driving prices of property in Hong Kong to … Continue reading →

ART MARKET DATABASE If you are interested in how the internet is transforming the art market, you will be fascinated by this video which tells the nuts and bolts story of developing and running an auction price database. By making price and … Continue reading →

HONG KONG ART AUCTION The Spring 2009 sale of contemporary Asian art saw Sotheby’s present a collection of 8 Hong Kong artists. This is the first time that any auction house has offered a series dedicated to Hong Kong art … Continue reading →

SOUTHEAST ASIAN ART AUCTION Summary: 138 lots, 106 sold, sell through rate 77% Cheapest lots (under US$15,000) were overlooked in favour of more expensive works by better known artists 95 contemporary, remainder modern Thin attendance Prices slashed by Sothebys – … Continue reading →

  AUCTION HOUSE REVENUE According to Artprice, in the global ranking (in terms of revenue) of the 10 biggest auction houses for contemporary art over the last 12 months, 6 are Chinese. Euro     1. Sotheby’s 14.5m 2. Christie’s 14.4m 3. … Continue reading →

ART MARKET DUBAI A spate of new gallery openings mostly in the city’s financial hub – the Dubai International Financial Centre - goes ahead despite the recent turmoil amongst financial institutions reports the Nation. The global turmoil certainly hasn’t affected the number … Continue reading →

ART AUCTIONS CHINA This weekend marked the end of the auction season on the  Chinese mainland and, while spectacular success was had in antiques and antiquity sale categories, contemporary Chinese art shared little of the success…save for Poly Auctions, says Katie … Continue reading →

HONG KONG AUCTION SALES The art world is eyeing Hong Kong for the latest litmus test of how prices are holding up amid the global financial crisis, with experts cautiously upbeat about the future of the Asian market.The frenzied scramble … Continue reading →

No bids for many Chinese art lots “Half and Half” from contemporary artist Wang Huaiqing. Base price, 4 million yuan ($585,700). Who will start me off?”Not a single bid was forthcoming, a scenario repeated many times at China Guardian’s Grand … Continue reading →

MARKET WATCH Two Singapore auctions of Asian art at the weekend missed estimates as a slump in global financial markets kept many buyers away. Borobodur Auction Pte’s two-day sale of Chinese and Southeast Asian art totaled S$11 million ($7.5 million), … Continue reading →

SOTHEBYS HONG KONG AUTUMN AUCTIONS While much of Hong Kong hunkered down just hours before the arrival of a typhoon on Oct. 4, the start of Sotheby’s three-day auction of modern and contemporary Asian art was buffeted by the financial storm … Continue reading →

FINANCIAL CRISIS IMPACT ART Michael Moses, a finance professor at New York University’s Stern School of Business, may well be the art-world’s most famous academic expert on art prices. With his colleague Jianping Mei, Moses co-developed the Mei Moses Index, … Continue reading →

  AUCTION MARKET WATCH Sotheby’s said it will cease holding auctions of Asian contemporary art in New York and “consolidate” them instead in Hong Kong, with biannual sales in the Asian city. Sotheby’s said it will organize dedicated auctions of … Continue reading →