The BBC News looks at the price curve for obscure Chinese Contemporary artists:
Even relatively little known Chinese artists are seeing the prices of their work rise sharply.
“The speed of everything is quite frightening,” said Alistair Hicks, an art adviser and curator for Deutsche Bank. “As a collector, you can blink and miss the moment.”
Mr Hicks said Deutsche Bank had planned to buy a photographic collage by Shanghai-based artist Yang Yongliang, on display at the Hong Kong International Art Fair, but at $40,000 the price sought by the gallery was now too high.
He said the bank had bought a similar, albeit smaller, piece by the same artist a year ago for a fraction of that price.
This blistering pace of growth has prompted talk a bubble might be forming similar to that seen in the market for Western contemporary art in 2008, before the financial crisis.