China now makes up 30% of the world's art transactions by value. China's collectors used to be obliged to travel to Christie's and Sotheby's in Hong Kong. Now, top Chinese works are being sold in mainland China. "The best works used to all go to Hong ... full story
As Hong Kong contemporary art takes over London's Saatchi Gallery for one of its most important showcases ever, Edmund Lee talks to the three curators behind the historic occasion. “The interesting thing about a lot of the works we saw is that [they ... full story
Hong Kong (CNN) -- Chinese artists are painting the globe red and the regional art market is no longer hostage to fickle buyers, the Asia president of auction house Christie's told CNN. The Asian art market has typically been driven by savvy investors ... full story
Soaring property prices are limiting precious urban space as the raging capitalist machine gathers speed. Art and culture-related small businesses are being thrown from top to bottom in Hong Kong. We are living in a city where retail rental prices per ... full story
Somewhat surprisingly, it also turns out that the artist is supremely conscious of his Asian heritage, especially in the context of Western art. When talking about the work displayed in his first Hong Kong exhibit (which opens this week), Murakami was ... full story
But Western contemporary art is becoming more visible in Hong Kong, with the Museum of Art hosting a large Warhol exhibition in December and a Picasso exhibition at the Heritage Museum in May. Wong said that the latest auction was aimed at attracting ... full story
Photo taken on Nov. 29, 2012 shows "Pumpkin" by Yayoi Kusama at the preview of Sotheby's "Boundless: Comtemporary Art", the company's inaugural auction of Asian and Western contemporary art in Asia, in Hong Kong, south China, Nov. 29, 2012.full story
Sales in Hong Kong can attract buyers from Hong Kong, Taiwan, mainland China and other parts of Asia," said Gladys Chung, Poly Auction Hong Kong's senior specialist for Chinese modern and contemporary art. Chung said this was one of the reasons the ... full story
International auction houses Christie's International and Bonhams are joined by Beijing Poly International Auction Co., Ravenel International Art Group, Seoul Auction, Tiancheng Auction and United Asian Auctioneers in a series of sales through Nov. 28.and more »full story
The world's No. 1 and No. 3 art-auction houses held competing Hong Kong sales this weekend, and found strong interest for top lots as Chinese collectors continued to buy expensive paintings and antiques in Asia's largest art hub. But though sales ... full story