Sotheby’s Autumn Sales in Hong Kong
Posted August 14th, 2012 | by The Update
From The Jing Daily: With fall just around the corner, Hong Kong is set to heat up again with Sotheby’s Autumn Auction series, taking place from October 5-9.
Packed with rare works from some of China’s top artists, the series is expected to test whether collectors are ready to again push sales far above high estimates. Following this spring’s sales in Hong Kong… all eyes are fixated on these sales to see whether the appetite for multi-million-dollar acquisitions has dampened at all among China’s new generation of collectors. Considering many of the factors motivating these collectors in the first place — asset diversification amid uncertainty about the yuan and Chinese stock and property markets among them — remain salient, we should see some records broken.