Kunstmarkt-News über WU Guanzhong (1919-2010)
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Sotheby’s Hong Kong: an exceptional start… [03.05.2022]
Last Wednesday, three marquee sales at Sotheby’s Hong Kong took a total of 221.8 million dollars, the highest amount ever achieved in a single evening at Sotheby’s Hong Kong. This spectacular total included the sale of an exceptional De Beers Blue Diamond that fetched 57.5 million dollars, one of the highest prices ever paid for […]
France’s place on the global art market six months after Brexit [15.06.2021]
In March earlier this year, Vincent Van Gogh’s Scène de rue Montmartre (Street scene in Montmartre) (1887) allowed France to reconnect with the very high-end of market. It generated the best French fine art auction result since the sale in October 2019 of Cimabue’s Christ Mocked. Sotheby’s and Mirabaud-Mercier chose Paris to sell this very […]
Chu Teh-Chun, born 100 years ago, reaches new auction high [20.11.2020]
“The inspiration I have followed finds its only source in nature… and its preferred mode of expression is lyricism.” Chu Teh-Chun The poet of pictorial abstraction Chu Teh-Chun would have been 100 years old this year and current tributes are – like his work – grandiose! To mark the occasion, a new documentary film retracing […]
Beijing: market transformation and Art Beijing’s strategy [16.04.2019]
In less than ten years, China has imposed itself on the global Art Market and now represents the planet’s second largest marketplace. In 2018, China generated $4.5 billion in Fine Art auction turnover behind the United States’ $5.9 billion. But whereas the US total increased 18% last year, China’s total shrank by 12%, suggesting that […]
Hong Kong… Outstanding performance at Sotheby’s [09.04.2019]
The recent series of auction sales in Hong Kong – organised to coincide with Art Basel Hong Kong – generated more than satisfactory results, especially for Sotheby’s, which took its second best-ever sales total in its history. During the latest round of major prestige sales in Hong Kong, competition between bidders was particularly intense and […]
Let’s take a look at the best sales by Chinese artists [10.02.2017]
Discover the best sales every Friday! Every other Friday, Artprice posts a theme-based auction ranking. This week, our rankings reveal the highest sales recorded last year by Chinese artists. A very high level ranking… China is the world’s leading art market in terms of economic impact and its artists are now selling for top prices […]
The best auction sales since September [27.10.2016]
Discover the best sales every Friday! Every other Friday, Artprice posts a theme-based auction ranking. This week, Artprice reveals the ten best auction sales worldwide since the beginning of September 2016. Which art works have attained the highest prices in the past two months? Where in the world are the highest auction prices? The ranking […]
Artprice.com: Defying all forecasts: China upped 18%, dominated the global Art Market in the first half of 2016 [25.07.2016]
1. China returns to the leader position as the world’s largest art marketplace with a +18% increase2. Hong Kong posted H1 growth of 10% 3. Market liquidity has been guaranteed by transactions volumes up 3.2%
The Top10 in Hong Kong [06.11.2015]
Fridays are the Best! Every other Friday, Artprice offers you a themed auction ranking. The ranking this week reveals the 10 best performing artists during the recent auctions in Hong Kong.
Excellent results in Hong Kong [15.04.2014]
In the first week of April, Sotheby’s, global no. 2 and Poly, global no. 3 (established in Hong Kong since 2012) held a series of major sales devoted to Modern and Contemporary Asian art. The sales featured lots of works by charismatic artists whose prices are still on an ascending path. Below, some of the highlights of the two days of sales entirely dedicated to Asian art.
The Hong Kong’s marathon [27.11.2012]
The official Hong Kong marathon is not until February… but the week of sales that just ended in the former British Colony has left art collectors and market players exhausted after some twenty auctions and at least as many exhibitions.
Gerhard Richter craze [28.08.2012]
Since the start of 2012, Gerhard Richter has signed four auction results above $15 million! Spearhead of Contemporary German painting, Richter has become the most expensive living artist of our time.
China’s Modern artists [25.11.2011]
Every other Friday Artprice posts a theme-based auction ranking. This week we present the 10 best auction results for Chinese Modern artists over the first six months of 2011.
Chinese Contemporary Art Market – Cultural revelation [31.05.2007]
Speculation is showing no signs of slowing and auction sales are ever stronger, and prices ever higher. The price appreciation has been staggering for the generation of young Chinese artists and the number of investors continues to grow. It often takes only a few years for a Chinese artist to see a tenfold price increase, as with ZHANG Xiaogang or CAI Guoqiang to cite just a couple of examples. Symbolic of the price increases: the ten most successful auctions of contemporary Chinese art have been recorded over the past twelve months. In the end, in 2006, 31.3% of the Chinese contemporary artworks sold at auction achieved more than $100,000. Given such price levels, the proceeds on Chinese contemporary art sales increased by a factor of ten in 2006.
Contemporary Chinese art: dwindling supply puts upward pressure on auction prices [06.04.2003]
The major auctions of contemporary Chinese art traditionally take place in April and October and, for several years, Christie’s has outdone its main rival, Sotheby’s, in this segment.
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