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Christie’s Hong Kong 20th C & Contemporary Evening Sale Breaks a Billion HKD ($132.6m)

May 26, 2018 by Marion Maneker

Zao Wou-ki, 14.12.59 ($22m)

Christie’s broke a billion dollars in their Hong Kong Evening sale opening the Spring sales cycle in free trading zone. The $132.6m sale was led by this Zao Wou-ki painting that previously sold in 2007 for $3.75m which gives you some sense of how far the Chinese market has traveled in a decade.

Other notable sales were a small Richter abstract painting for ~$2m, a Basquiat for nearly $10m and a Keith Haring tarpaulin for $1m.

Christie’s Asian 20th Century and Contemporary art

More from Art Market Monitor

  • Christie’s HK Asian 20th Century & Contemporary Evening = HK$177.8m ($22.92m)Christie’s HK Asian 20th Century & Contemporary Evening = HK$177.8m ($22.92m)
  • Christie’s HK Fine Chinese Classical and Modern Paintings = $118.5mChristie’s HK Fine Chinese Classical and Modern Paintings = $118.5m
  • Christie’s Hong Kong 20th C & Contemporary Asian Evening Sale = $121mChristie’s Hong Kong 20th C & Contemporary Asian Evening Sale = $121m
  • Christie’s HK Wrap-Up VideoChristie’s HK Wrap-Up Video
  • Christie’s HK Jewels = HK$623m ($80.2m)Christie’s HK Jewels = HK$623m ($80.2m)
  • Christie’s HK Cont Day =HK$97m ($12.5m)Christie’s HK Cont Day =HK$97m ($12.5m)

Filed Under: Auction Results Tagged With: Christie's, Hong-Kong

About Marion Maneker

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