Growing, growing and far from gone

The rise and rise of Hong Kong's stature as a key player in the international auction scene, all through the most challenging months of the pandemic, augurs well for the city's future as a pre-eminent, world-class arts hub. Joyce Yip reports.

By Joyce Yip | HK EDITION | Updated: 2021-09-17 13:39
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Different editions of wooden sculptures of the fairytale character Pinocchio, created by KAWS with Karimoku, have been online-auction favorites in recent months. [PHOTO PROVIDED TO CHINA DAILY]

The growth of the market for blue-chip art of non-Chinese provenance has prompted Poly Auction, which earlier focused exclusively on Chinese art aimed at buyers from Asia, to host a Post-War and Contemporary Masters online auction, partnering with the cyber marketplace Artsy.

A brooch containing a lock of Napoleon Bonaparte's hair. A hat and other memorabilia belonging to the 19th-century French military leader were displayed in Hong Kong by Bonhams. [PHOTO PROVIDED TO CHINA DAILY]

The president of Christie's Asia Pacific, Francis Belin, attributes the bountiful past year to a timely synergy of growing interest from digitally savvy Asian collectors and online portals often being the only available channels for the art trade as a result of COVID-19.

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