The Sydney Morning Herald reports that a group of Australian galleries are going to the Hong Kong art fair in hopes of drumming up new business:
Art HK has invited 12 Australian galleries, including Sydney’s Tim Olsen and Roslyn Oxley9, and Anna Schwartz and Tolarno in Melbourne, to show works at its international modern and contemporary art fair, one of the world’s most important art fairs. […]
”Art HK gives you exposure to Chinese mainland buyers,” says the director of Annandale Galleries, Bill Gregory, who is taking work by the Israeli sculptor Zadok Ben-David to the fair. ”The hoopla is around the mainland buyers. It is new money; they are not really collectors because they are new to the game and they are awash with money. […]
The trip is a significant investment for any gallery, with a 60 square-metre stand in Asia One costing $US32,000 ($30,000) plus shipping, lighting, hotel and staff costs. Many Chinese buyers are looking for established artists with a profile and a long CV, ”so you have to choose your artist carefully”, Gregory says.
Making an Exhibition in Hong Kong (Sydney Morning Herald)