Tough night for the big names in Chinese Contemporary art as Zeng Fanzhi, Zhang Xiaogang, Liu Ye and Cai Guo-Qiang all saw top lots fail to find buyers or sell for below the estimate range. Clearly the appetite in Hong Kong is neither limitless nor undiscriminating in its taste. Nonetheless, there were a number of works that sold well by many of these names as well as the return of Yue Minjun through a single-owner sale and big prices for lower level Zao Wou-ki works. Zao continues his ascent toward becoming the Gerhard Richter of China (or France depending on how you keep score.)
