Georgina Adam points out in the Financial Times that Bonhams is undeterred by a tough London Contemporary sale and will mount more in New York, London and Hong Kong later this year:

And the firm has bagged a sale of works from a Portuguese collection that it is auctioning in Hong Kong in May during the Hong Kong art fair. The sale, estimated at €3.6m-€5.6m, includes abstracts by Chu Teh-Chun and Zao Wou-Ki as well as 12 works of art, Imperial porcelains and cloisonné pieces.

The Art Market: The Quick and the Dead (Financial Times)