The Wall Street Journal’s Jason Chow tallies up the sales in Hong Kong this past weekend:
Collectors snapped up collectibles worth close to 5.7 billion Hong Kong dollars, or US$735.1 million, over the past five days, as auction houses Sotheby’s, Poly Auction and China Guardian went head to head in Hong Kong.
Sotheby’s, the world’s No. 2 auction house trailing longtime rival Christie’s, had the largest and longest sale among the three houses. Coinciding with the firm’s 40th year in Asia, the five-day bumper event generated more than HK$4 billion.
Poly, mainland China’s biggest auction firm and the third largest in the world, generated HK$989 million over its three-day sale. Guardian, the mainland’s second-largest auction house, realized HK$510.1 million over its two-day weekend sale event.
Records Broken at Hong Kong Auctions (SceneAsia/WSJ)
