Christie’s Hong Kong sales of Contemporary and 20th Century Asian art this weekend have been exceptionally strong. Building on the Sotheby’s sale, the Hong Kong market is showing great demand for Contemporary Asian painters and 20th Century masters. The evening sale was dominated by Zeng Fanzhi and Zao Wou-ki but also had strong sales by former auction star Yue Minjun. The top dozen or so lots all sold at or well-above their high estimates with many works selling for multiples of the high estimate.
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Christie’s HK Asian 20th Century & Contemporary Evening = HK$177.8m ($22.92m)
Christie's HK Southeast Asian Mod/Cont = HK$56,738,250 ($7.3m)
Christie's HK Asian Cont = HK$281m ($36.2m)
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