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31 May 2015

Simone Woo

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Anita Handayani

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Michelle Zhang

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Zhongwei Qin

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RESULTS | Asian 20th Century and Contemporary Art, Hong Kong, 31 May 2015

Hong Kong APAC 31 May 2015

 

Asian 20th Century Art Day Sale

Hong Kong, 31 May 2015, Sale #3412

[All sold prices include buyer’s premium] 

241 lots sold

Total: HK$151,986,000 / US$19,697,386 / £12,949,207 / €18,025,540

79% sold by lot

307 lots offered

HK$1 = US$0.1296  / £0.0852 / €0.1186

90% sold by value

Lot

Description

Estimate (HK$)

Price Realized

Buyer

415

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), Le 30, Oct 1985, oil on canvas, 46 x 55 cm., painted in 1985

2,500,000-3,500,000

HK$4,600,000

US$596,160 

£391,920

€545,560

Asian Private

503

Ju Ming (Zhu Ming, Chinese, B. 1938), Taichi Series, two wooden sculptures, 33 x 31 x 57 cm.; & 30 x 25 x 59 cm. executed in 1995; & 1996

3,000,000-4,200,000

HK$3,880,000

US$502,848

£330,576

€460,168

Asian Private

455

Anita Magsaysay-Ho (Filipino, 1914-2012), Gathering Poinsettias, oil on canvas, 65 x 91 cm., painted in 1977

1,400,000-2,000,000

HK$3,640,000

US$471,744

£310,128

€431,704

Asian Private

495

Lee Ufan (Korean, B. 1936), East Wind, oil and mineral pigment on canvas, 116 x 90.5 cm., painted in 1984

1,800,000-2,800,000

HK$3,400,000

US$440,640

£289,680

€403,240

Asian Trade

496

Lee Ufan (Korean, B. 1936), From Line, oil and mineral pigment on canvas, 72 x 91 cm., painted in 1978

2,200,000-2,800,000

HK$3,400,000

US$440,640

£289,680

€403,240

Asian Private

419

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), Untitled, oil on canvas, 91 x 65 cm., painted in 1977

2,200,000-3,800,000

HK$3,280,000

US$425,088

£279,456

€389,008

Asian Private

416

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), No. 418, oil on paper mounted on canvas, 65 x 50 cm., painted in 1970

1,700,000-2,500,000

HK$3,160,000

US$409,536

£269,232

€374,776

Asian Private

420

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), Fond Véronèse (Veronese Background), oil on canvas, 73 x 92 cm., painted in 1990

1,400,000-2,400,000

HK$2,800,000

US$362,880

£238,560

€332,080

Asian Private

446

Hong Ling (Chinese, B. 1955), Plum Aroma, oil on canvas, 80 x 200 cm., painted in 2012

600,000-

900,000

HK$2,680,000

US$347,328

£228,336

€317,848

Asian Private

432

Walasse Ting (Ding Xiongquan, Chinese, 1929-2010),

I Waiting for You Always, acrylic on canvas, 125 x 190 cm., painted in 1986

700,000-

1,000,000

HK$2,440,000

US$316,224

£207,888

€289,384

Asian Private

458

Lee Man Fong (Indonesian, 1913-1988), Rooster and Hen, oil on masonite board, 98 x 44 cm., painted in 1951

400,000-

600,000

HK$2,440,000

US$316,224

£207,888

€289,384

Asian Private

       

 

Asian Contemporary Art Day Sale

Hong Kong, 31 May 2015, Sale #3415

[All sold prices include buyer’s premium]

154 lots sold

Total: HK$64,957,500 / US$ 8,418,492  / £ 5,534,379  / € 7,703,960

72% sold by lot

213 lots offered

HK$1 = US$0.1296  / £0.0852 / €0.1186

80% sold by value

Lot

Description

Estimate (HK$)

Price Realized

Buyer

248

Mao Lizi (Chinese, B. 1950), Untitled, mixed media on wood panel, 80 80cm., painted in 1989-1990

80,000-

120,000

HK$3,880,000

US$502,848

£330,576

€460,168

Asian Private

166

Yan Pei-Ming (Chinese, B. 1960), Black Selfportrait, oil on canvas, 350 x 350 cm., painted in 2007

1,800,000-2,400,000

HK$3,160,000

US$409,536

£269,232

374,776

Asian Private

108

Suh Do-Ho (Korean, B. 1962), Gate-Small, silk and stainless steel tube sculpture, 326.5 x 211.5 x 100 cm., executed in 2003

2,000,000-3,000,000

HK$2,680,000

US$347,328

£228,336

317,848

Asian Private

119

I Nyoman Masriadi (Indonesian, B. 1973), Chicken Dance, acrylic on canvas, 200 x 150 cm., painted in 2010

2,000,000-3,000,000

HK$2,680,000

US$347,328

£228,336

317,848

Asian Private

102

Yayoi Kusama (Japanese, B. 1929), Pumpkin Green [Towht], acrylic on canvas, 45.5 x 53 cm., painted in 2005

1,000,000-1,500,000

HK$2,440,000

US$316,224

£207,888

289,384

Asian Private

130

Li Chen (Chinese, B. 1963), Float To Sukhavati, bronze sculpture, 70 x 100 x 150 cm., executed in 2002

700,000-

900,000

HK$2,440,000

US$316,224

£207,888

289,384

Asian Private

117

Liu Xiaodong (Chinese, B. 1963), Yezi (Leaf), oil on canvas, 140 x 150 cm., painted in 2011

1,900,000-3,000,000

HK$2,320,000

US$300,672

£197,664

275,152

Asian Private

109

Choi So-Young (Korean, B. 1980), Food Alley II, denim on canvas, 116.5 x 91 cm., executed in 2014

600,000–

800,000

HK$1,360,000

US$176,256

£115,872

161,296

Asian Private

105

Yuan Yuan (Chinese, B. 1973),  Cage, oil on canvas, triptych, right panel: 184.5 x 114.5 cm., middle panel: 184.5 x 114 cm., left panel: 184.5 x 114 cm., overall: 184.5 x 342.5 cm., painted in 2010-2011

400,000–

 600,000

HK$1,240,000

US$160,704

£105,648

147,064

Asian Private

128

Qiu Yacai (Ch'iu Ya-Ts'ai, Chinese, 1949-2013), Quietness, oil on canvas, 160 x 128 cm., painted in 1990

900,000-

1,200,000

HK$1,240,000

US$160,704

£105,648

147,064

Asian Private

188

Tomoya Tsukamoto (Japanese, B. 1982), Jungle of Colour 2,

acrylic on canvas, triptych, each: 116.5 x 91 cm, overall: 116.5 x 273 cm, painted in 2014

WORLD AUCTION RECORD FOR THE ARTIST

380,000–

500,000

HK$1,240,000

US$160,704

£105,648

147,064

Asian Trade

“The two day sales reflect the growing global prominence of Asian artists, as international collectors showed their affirmation of Asian art with a modern interpretation. Christie’s brought the theme of Asian abstract art into a broader global context and achieved enormous success as strong prices were seen for both modern and contemporary artists. Chinese masters such as Chu Teh-Chun (1920-2014) continue to assert their presence at auction, with ‘Le 30, Oct 1985’ becoming the top selling lot in the sales. Continuing the momentum from the evening sale, Korean 20th century art was 100% sold with 14 works selling above high estimate. Vietnamese modern artists also gained momentum with four new artist records while work in other mediums, such as sculpture, also saw strong results. With more than half of the lots sold above high estimate, both day sales created a total of 40 world artist records and in a grand finale to the day, Arie Smit’s (B.1916) ‘Pura’ achieved a record price for the artist., said Eric Chang, International Director of Christie’s Asian 20th Century and Contemporary Art Department.

 

Complete Auction Results:

Sale 3412 – http://www.christies.com/lotfinder/salebrowse.aspx?intSaleid=25610&viewType=list

Sale 3415 – http://www.christies.com/lotfinder/salebrowse.aspx?intSaleid=25612&viewType=list 

Image Link:

Sale 3412 – https://www.dropbox.com/sh/vz55ng2f1jcqhjo/AADSu9KLDu4nBGWQm7ONbBAva?dl=0

Sale 3415 – https://www.dropbox.com/sh/xzz5ld4glkalojl/AAAtc6Y5GpKcuG8GDhkAAufsa?dl=0

PRESS CONTACTS: SIMONE WOO | HONG KONG | +852 2978 9966 | SWOO@CHRISTIES.COM

ANITA HANDAYANI | HONG KONG | +852 2978 6719 | AHANDAYANI@CHRISTIES.COM

Estimates do not include buyer’s premium.

Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

       

 

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* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.