Despite recessionary fears, Christie’s Asian sales set world records for Chinese and Southeast Asian artists

By | 28 May 2012 | 2 minutes read

Despite continuing fears of economic instability in the Eurozone, the appetite for investment grade art amongst Asian high net worth individuals remains high.Christie’s Hong Kong spring season’s three sales of Asian 20th century and contemporary art achieved HK$629 million (US$81 million). 60% of the sold lots realized in excess of the high estimate and 32 lots of those sold realized…

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