Ashen faces, groans as Chinese art bombs – Sotheby’s Autumn 2012 Contemporary Asian Art auction

Despite a good percent of sold lots, Sotheby’s Autumn 2012 Contemporary Asian Art auction was severely disappointing in terms of value.

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China Guardian to host first Hong Kong sales in October 2012

Mainland China’s largest auction house, China Guardian, will conduct sales in Hong Kong for the first time in October 2012. The move is a direct challenge to Sotheby’s and Christie’s.

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Bonhams Contemporary Art Department inaugural Hong Kong 2012 auction all lots sold

Bonhams Contemporary Art Department held its first auction in Hong Kong on Sunday 27 May 2012. All works in the single-owner collection sale sold above their estimates.

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Christie’s Hong Kong spring 2012 Asian art auctions: Modern sales outpace contemporary

Christie’s Hong Kong held their spring auctions from 26 to 30 May 2012. While several works sold above their estimates, sales of Asian modern art far outpaced contemporary.

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A Sunday at Art Taipei – gallery comments, Australian media art, Pearl Lam

ART FAIRS TAIWANESE ART EVENTS INTERNATIONAL ART ASIAN CONTEMPORARY ART Art Radar presents a Sunday at Art Taipei 2010 in nine images accompanied by quotes from Korean gallery director Jung Yong Lee and the refreshingly honest Pearl Lam, panel members … Continue reading

Crisis to impact art prices, number of Asian collectors increases – Business Times

ART PRICES FINANCIAL CRISIS With fear at near panic levels recently in the stock market, it would seem almost anomalous that life goes on in some segments of alternative investments. No, we’re not talking about hedge funds or commodities, both of … Continue reading

Cheaper works sell at Larasati, Borobodur auctions and art fair Singapore – Bloomberg

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

Sotheby's to Move Asian Art Auctions to Hong Kong from New York – Bloomberg

  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