Sotheby’s to Help TEFAF Launch China Art Fair – artmarketblog.com How does a global art fair infiltrate a notoriously insular art market without appearing to tread on the toes of local businesses? Develop an initiative with a business that has already developed a presence in China, that’s how. World renowned art fair TEFAF have just [...]
Could Macau Trump Hong Kong’s Art Market Status? – artmarketblog.com A globally renowned gamblers paradise and tourism hotspot, Macau is emerging as a key destination for the sale of antiques and fine art thanks to an increase in the number of tourists and an incredibly strong gaming industry. The only place in China where gambling [...]
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 [...]
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 [...]
China Guardian Raid Art Colleges for New Talent – artmarketblog.com After scouring Chinese art colleges for the very best works by emerging contemporary Chinese artist, Chinese auction giant China Guardian will hold a sale of College Era-2012 Excellent Artworks of Chinese Art Colleges on the 18th of June. More than 500 arts and comprehensive colleges [...]
Korean Art Auctions Lead Asian Modern Art Revival – artmarketblog.com Not since the heights of the 2007/8 art market boom have we seen the sort of prices being paid for contemporary Asian art and Korean auction houses are at the forefront of the revival. The prices being achieved in Korea, particularly for Korean artists, signals [...]
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 [...]
Cautious Optimism at Chinese Art Auctions – artmarketblog.com Although the latest round of auctions of Chinese art suggest that the rate of growth of the Chinese art market appears to have slowed somewhat, the results are far from disappointing. In fact, the sheer volume of works being sold combined with the prices being paid for [...]
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. 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 [...]
