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28 May 2016

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

Hong Kong APAC 28 May 2016

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

Evening Sale

 

Please click HERE for the full results of Christie’s Hong Kong Asian 20th Century & Contemporary Art Evening Sale  held on 28 May 2016, which totalled HK$ 458,237,500/ US$ 59,287,993

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The top lot of the sale, which was also the top lot in its category across the Hong Kong auction market this season, was Untitled Vert émeraude /Emerald Green) by Zao Wou-Ki, painted circa 1950, which realised HK$ 70,680,000 / US$ 9,144,769 (illustrated left).

 

5 new world auction records were set for the artists Cesar Legaspi (Philippines), Yun Hyong-Keun (Korea), Rhee Seund Ja (Korea), Lalan (China) and Yasuo Sumi (Japan).

 

Eric Chang, Deputy Chairman, International Director of Asian 20th Century and Contemporary Art, commented “ We were pleased to achieve a strong price for Vert émeraude by Zao Wou-ki, the top lot so far across the Hong Kong auction market this season. There was strong appetite across Asia , with enthusiastic bidding from mainland China, Southeast Asia and Hong Kong, with 70% sold by lot. The special selection of Johnson Chang works were very well received with over 95% of lots sold, demonstrating continued demand for top contemporary Chinese artists such as Zeng Fanzhi, Liu Wei and Wang Xingwei.  

 

The day sales of Asian Contemporary Art  and Asian 20th Century Art will both be held on 29 May, with the first of the sales starting at 10.30 am.  

 

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.