Posted on November 30, 2011 by Daniel Schnapp

Christie's Has Disappointing Sale in Hong Kong

This article discusses Christie’s November 25-30 sales in Hong Kong, which was seeming slow in activity in the emerging Asian markets. Only 84% of the wine lots and 74% of Asian 20th Century and Contemporary Art Evening Sale lots were sold. 

Eric Chang, International Director of Christie’s Asian 20th Century and Contemporary Art Department, however, stated that after-sales activity has been strong for a key work by Zhang Xiaogang, which went unsold at auction. 

This market has also seen success overall this year, reaching a total of HK$1.52 billion in sales.

[This article was drafted with the assistance of Nicole Dornbusch}.

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