Cui Ruzhuo Gets $30m at Poly in HK Raising Eyebrows

Bloomberg is quite suspicious of this record-setting Hong Kong sale of the ink painting.”The Grand Snowing Mountainous Jiangnan Landscape.” by Cui Ruzhuo:

An eight-panel series of paintings by Cui Ruzhuo sold for HK$236 million ($30 million) at Poly Auction Hong Kong, setting an auction record for a living Asian artist. […]

“There is certainly an interest in creating a public price level for his artworks, and this appears to be at a price level not really for experienced collectors,” said Johnson Chang, who has been dealing in contemporary Chinese art for 30 years. “This sounds quite unbelievable.”

China Painter Cui Sets Record With $30 Million Landscape Work – Bloomberg Business.