Sotheby’s Partner with GeHua for Assault on Mainland China – artmarketblog.com Sotheby’s have strengthened their presence in mainland China by entering into a 10-year equity joint venture agreement with Beijing GeHua Art Company, a Chinese State-Owned Enterprise that is part of GeHua Cultural and Development Group.If the joint venture is approved by the Chinese governemnt, [...]
Assessing Bonhams $5 Million Imperial Portrait of Consort Chunhui – artmarketblog.com An Imperial portrait of Consort Chunhui which sold for for HK$39,860,000 (US$5,140,133) at Bonhams Hong Kong 2012 Spring Auctions held on the 27th of May at the Island Ballroom of the Island Shangri-La Hotel was the 4th most expensive work of Chinese art sold [...]
China Guardian Advance Into Hong Kong Art Market – artmarketblog.com In a major advance for the mainland Chinese art market, China Guardian Auctions Co., Ltd. have announced that they will be launching their first auction series in Hong Kong through their subsidiary company Guardian Auctions (Hong Kong) Co., Ltd. which is wholly-owned by China Guardian. [...]
Poly Auction Identify Li Keran Record as Growth Signal – artmarketblog.com Chinese auction house Poly Auction believe that new auction record of US$40,341,000 achieved for Chinese artist Li Keran with the sale of the artist’s Landscape in Red by Poly Auction on the 3rd of June 2012 is an indication that the Chinese art market [...]
Chinese Master Artist Xu Bangda Dies Aged 102 – artmarketblog.com Mr. Xu Bangda passed away on Feb 23,2012 at 102 years old. Xu Bangda was born on July 7 in 1911, in Shanghai. He was an honorary member of Chinese Writers Association, the National Heritage Commission to identify Standing Committee, a famous painting and calligraphy [...]
Exposing the Chinese Art Market With 6 Questions Pt. 3 – artmarketblog.com See part 1 here: http://www.artmarketblog.com/2011/07/01/exposing-the-chinese-art-market-with-6-questions-pt-1-artmarketblog-com/ See part 2 here: http://www.artmarketblog.com/2011/07/11/exposing-the-chinese-art-market-with-6-questions-pt-2-%E2%80%93-artmarketblog-com/ 5. You’ve drawn comparisons between the present market climate, and the lead up to the Japanese crash in 1990. What are your fears for the Chinese market? Is a crash imminent and what [...]
Exposing the Chinese Art Market With 6 Questions Pt. 2 – artmarketblog.com see part 1 here: http://www.artmarketblog.com/2011/07/01/exposing-the-chinese-art-market-with-6-questions-pt-1-artmarketblog-com/ 3. What specific indicators would suggest a price bubble for Chinese art, and is this “bubble” a general feature across all art sectors in China, or specific to contemporary art since the 1990s, for example? The characteristics of [...]
Exposing the Chinese Art Market With 6 Questions Pt. 1 – artmarketblog.com Q1. The records from the recent Christie’s fine modern paintings sale (31 May), along with records from China Guardian Auctions Co. from the 2009 Autumn sale onwards, show that auction house estimates have become little more than conventional additions rather than indicative price [...]
Southeast Asian Art Takes Auction Spotlight – artmarketblog.com The countries of Southeast Asia, in particular Singapore, Malaysia, Indonesia,Vietnam and The Philippines, have a particularly rich and varied artistic heritage thanks partly to the strong presence of Western cultures in the region that existed for many centuries. As a consequence of the interest shown by the [...]
An Art Market Bubble Chinese Style Pt. 3 – artmarketblog.com It seems that most people associate an art market boom with a sudden and rapid increase in the prices being paid for works of art combined with an increase in the number of works of art being sold on either a market-wide scale or within [...]
