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This year's first evening auction at Sotheby's in Hong Kong has raised more than $107 million
ARTinvestment.RU   09 июля 2020

In Hong Kong dollars, the end of the first evening sale of contemporary Asian art looks even more impressive: 826 million HKD

Evening auction of contemporary art auction house Sotheby's, last July 8, 2020 in Hong Kong and ranked second on the total revenue result in the history of the auction house and fetched $107 million (826 million HKD). "Psychologically important" $ 100 million HKD ($12.9 million) exceeded four of the lot, but only in the course of trading was set to 6 individual auction records for the various authors.

Top-лотом auction was the work of Chinese-французского artist Sanya "Four Nudes" (Quatre nus), sold during the struggle of four bidders for 258 million HKD ($33.3 m) — more than one and a half times higher than the starting price of 160 million HKD (about us $20 million). One of the most popular authors of yesterday's auction was Zhao Uji. The work of this French artist of Chinese descent, representative of the Paris school, who lived in Montparnasse, was sold at 100 % of the total 318,5 million HKD ($41 million).

Commenting on this result, Vinci Chang, head of the Department of contemporary art Asia Sotheby's, said: "brilliant result of today's trading indicates continued market appetite for high-level work. Customers who today are unable to join us personally, enthusiastically traded on the phone — which led to an exceptionally strong result of these trades, as well as a few outstanding individual records. We were also delighted with the results of the sale of all seven works of Zhao Uji, artist, and the root and origin of which we are proud".

Source: artdaily.com

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