Stories

Christie's and Phillips held sales of 20th 21st Century art in Hong Kong totaling $193 million and pointing to the market's direction.

Phillips will partner with Yongle Auction to cooperate in Hong Kong and Beijing sales in Fall 2022.

Sotheby’s Hong Kong sale cycle was overshadowed by China’s zero Covid policy, but that didn’t seem to dampen demand. Over four sales, nearly $200 million in art was sold and sell-through rates were in the ninetieth percentiles for the Evening sales and eightieth percentiles for the Day sales.