Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Christie’s and China Guardian Partner for New Sale Series in Shanghai this Fall

May 11, 2020 by Angelica Villa

Christie’s Shanghai Headquarters. Courtesy Christie’s.

Christie’s announced last week a new partnership with China Guardian Auctions to present a series of themed sales and other programming by specialists from both houses in Shanghai this coming September. The new auction series is tagged 2020+.  Christie’s said “the goal of the partnership is to broaden the market in the region.”

The 2020+ sale and exhibition series will be hosted at Christie’s Ampire building saleroom in Shanghai, with further details on programming still to be confirmed later this summer. The brand collaboration concept is a trending throughout the market, with themed sales a new format for client engagement. Christie’s said the concept around the series is meant “to provide thought-provoking cultural dialogues between ancient and modern, East and West, at this particular moment in time.”

The partnership indicates a bolstered attention to the Asian art market during a pivotal moment under pandemic restrictions. Christie’s Chief Executive Officer, Guillaume Cerutti noted “Our two houses are on the same wavelength to leverage our collective expertise and reach, and to offer to collectors the very best of world art. As the first international auction house to hold an independent auction license in China, this partnership underscores Christie’s continued commitment and long-term investment in this key market”. Christie’s opened its office in the region in Shanghai in 1994, and has since built a strong presence in the burgeoning region for several decades adding sale sites in Hong Kong and Beijing, and expanding it’s Shanghai exhibition space in 2014. Another milestone in the region for the firm was the opening of its 2016 Picasso exhibition to unveil its new Beijing headquarters.

The collaboration between the two leading houses also points to Shanghai’s recent rise as a burgeoning cultural centre, leading market activity in mainland China. With China now the third largest global art market behind the U.S. and U.K., Christie’s initiative to establish a broader foot holding with a regional ally in Asia is a major cue for the global market. The Bejing-based firm, China Guardian has locations across Asia with offices in Shainghai, Hong Kong, Taiwan, Japan, as well as North America. “As Shanghai continues it trajectory in maturing into an international art center of great significance, we feel now is the opportune moment for such a culturally historic partnership to take place. For China Guardian, innovation is in our genes and we are always proud to promote the development of diversifying art market” said Hu Yanyan, Director and President of China Guardian Auctions.

More from Art Market Monitor

  • The Dark ArtsThe Dark Arts
  • Instagram Is the First Real Success in Moving Art Dealing OnlineInstagram Is the First Real Success in Moving Art Dealing Online
  • Gauguin's Journey from Stockbroker to SyphiliticGauguin's Journey from Stockbroker to Syphilitic
  • Leonardo’s Battle of Anghiari Provokes Unexpected FightLeonardo’s Battle of Anghiari Provokes Unexpected Fight
  • That Vulgar HirstThat Vulgar Hirst
  • Big in BritainBig in Britain

Filed Under: General

About Angelica Villa

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • Vienna Secession Painting, Long Thought to Be Lost, Sets a Record at Auction
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Restituted Van Gogh Portrait from London Collection to Sell at Christie’s
  • Collection of Texas Heiress Anne Marion Expected to Fetch $150 M. at Sotheby’s
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Sotheby's Pulls in a $9m David Hockney for November
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor