Sotheby’s yesterday completed various Asian art auctions, raising HK$393m (US$50.5m). A contemporary Asian art auction raised HK$256m, surpassing the high estimate of HK$199m. A work by Zhang Xiaogang entitled Chapter of a New Century – Birth of the People’s Republic of China II, fetched HK$52.18m. The painting was sold to a museum in Shanghai. Ding Yi’s Appearances of Crosses – 6…
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