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Mainland investors bullish on international art, HSBC, Citi, LGT and others home in on opportunity

Private banks such as Societe Generale, Citi Private Bank, HSBC Private Bank and LGT Bank are among the few banks in Asia offering art advisory services to Asian investors as the Mainland becomes the world’s largest art market, representing 40% of global sales. “Initially, Mainland Chinese buyers were primarily looking to rediscover their own culture, by acquiring Chinese artworks, from…

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