Auction house Christie's said that at auctions in Hong Kong, held in spring 2008, lots were sold for a total amount of 310.7 million dollars - is a record sum for all the time, trades in the Asian countries. Thus, the auction house receives 58.5% of the total market share of sales in the region. Compared with Asian sales in 2007, brought 195.4 million U.S. dollars, the amount of sales increased by 58%, the extraordinary growth in this field.

Edward Dolmen, executive director of Christie's International commented on the success of bidding as follows: «The results of our spring auction in Hong Kong has once again shown how important and promising for us is the Asian region. Along with the other two of our major auction centers, New York and London, Hong Kong plays a key role in attracting art collectors, as experienced and new, to participate in transactions on the art market in Asia and around the world. Interested in becoming a world of art and continues to grow, but if you take into account the welfare of the region and the willingness of Asian tycoons to invest in art, we have no choice but to continue to expand our presence in Asian countries ».

From Edward Dolmenom agreed and a representative of Christie's in Asia She Ken (Ken Yeh), who added that trading in Hong Kong attracted a huge number of collectors and art dealers from around the world. In turn, Jonathan Stone, head of the Steering Committee «Christie's - Asia», stressed that the incredible success of the recent Asian trades confirmed the leading position of the auction house, and his willingness to follow the latest trends in art market, particularly its globalization.

Source : www.artdaily.org