Georgina Adam did a little math on Christie’s recent Hong Kong sales cycle. With art sales down across the board in Asia, the drop at Christie’s is not surprising:

Christie’s autumn sales were […] down from last year: its Chinese paintings, contemporary Asian art and works of art auctions — excluding wine, watches and jewellery — totalled HK$1.6 bn (US$206.4m). This represents a drop of more than 20 per cent compared to autumn 2014, when the same sales made HK$2.07bn ($267m).

The Art Market: Long winter for Old Masters (FT.com)