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29 May 2016

RESULTS | Christie’s Hong Kong Asian 20th Century & Contemporary Art auction

Hong Kong APAC 29 May 2016

RESULTS | Christie’s Hong Kong Asian 20th Century & Contemporary Art auction series totalled HK$675,853,750/US$61,208,032

 

On 28 and 29 May 2016, Christie’s Hong Kong held three auctions of Asian 20th Century & Contemporary Art, which together realised a total of HK$675,853,750/US$61,208,032.

 

Over 35% of lots sold in the two day sales exceeded their high estimates, of which over 20 more than doubled their high estimates.

 

Eric Chang, Deputy Chairman, International Director of Asian 20th Century and Contemporary Art, commented: These three sales reflect the growing global prominence of modern and contemporary Asian artists, particularly those from Vietnam, Japan and China. The sales have grown to become a converging platform for both new and established artists between the different categories of Asian 20th Century Art and Asian Contemporary Art. We had strong bidding internationally and across Asia, including enthusiastic bidding from mainland China, Hong Kong, Southeast Asia and Taiwan. In our 30th Anniversary year in Asia, modern and contemporary Asian art continues to sell well, continually bringing in interest from new buyers and from our clients online.”

  

Please click HERE for the results of the 29 May Asian Contemporary Art Day Sale, which totalled HK$78,241,250/US$10,123,062 with 90% sold by value.

  

The top lot for the sale was For Citizen by Yoshitomo Nara, which realised HK$8,200,000/US$1,060,938.

 

Please click HERE for the results of the 29 May Asian 20th Century Art Day Sale, which totalled HK$139,375,000/US$18,032,710, with 90% sold by value.

 

The top lot for the sale was 020463 by Zao Wou-Ki, which realised HK$6,640,000/US$859,101.

 

Please click HERE for the results of the 28 May Asian 20th Century & Contemporary Art Evening Sale, which totalled

HK$458,237,500/ US$59,287,993 with 69% sold by value.

 

The top lot for the sale was Untitled (Vert émeraude/Emerald Green) by Zao Wou-Ki, which realised HK$70,680,000/US$9,144,769.

The auctions at Christie’s Hong Kong continue until 1 June 2016.

 

Please click HERE for the results of the 28 May Asian 20th Century & Contemporary Art Evening Sale, which totalled

HK$458,237,500/ US$59,287,993 with 69% sold by value.

 

The top lot for the sale was Untitled (Vert émeraude/Emerald Green) by Zao Wou-Ki, which realised HK$70,680,000/US$9,144,769.

  

For further press information or to speak to a specialist please contact

Lee Bingle: +852 2978 9966 | lbingle@christies.com

 

 

 

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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.