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25 May 2013

Luyang Jiang Hildebrandt

+852 2978 9919

ljiang@christies.com

Suky Lo

+852 2978 6736

sukylo@christies.com

Meng Mi

+86 10 85727977

mmi@christies.com

See all contacts

RESULTS: CHRISTIE’S HONG KONG EVENING SALE OF ASIAN 20TH CENTURY & CONTEMPORARY ART REALISES HK$414,950,000

Hong Kong APAC 25 May 2013

Asian 20TH Century & Contemporary Art (Evening Sale)

Hong Kong, 25 May 2013, Sale #3205

[All sold prices include buyer’s premium]

 

 

45 lots sold

Total: HK$414,950,000 /US$53,736,02535,685,700 /€41,743,970

     90% sold by lot

50 lots offered

HK$1 = US$0.1295/£0.0860/€0.1006

 91% sold by value

Lot

Description

Estimate (HK$)

Price Realised

Buyer

9

SANYU (CHANG YU, Chinese, 1901-1966)

Two Standing Nudes

Estimate on Request

HK$44,670,000

US$5,784,765

£3,841,620

4,493,802 

Asian Private

3

ZAO WOU-KI (ZHAO WUJI, French/Chinese , 1920-2013)

Water Music 

16,000,000-

18,000,000

HK$32,910,000

US$4,261,845

£2,830,260

3,310,746 

Asian Private

29

ZENG FANZHI (Chinese, B. 1964)

Society

16,000,000-

24,000,000

HK$30,110,000

US$3,899,245

£2,589,460

3,029,066 

Asian Private

2

ZAO WOU-KI (ZHAO WUJI, French/Chinese , 1920-2013)

24.01.63

10,000,000-

15,000,000

HK$27,870,000

US$3,609,165

£2,396,820

2,803,722 

Anonymous

4

ZAO WOU-KI (ZHAO WUJI, French/Chinese , 1920-2013)

09.05.61

4,500,000-

6,500,000

HK$13,230,000

US$1,713,285

£1,137,780

1,330,938 

Asian Private

5

ZAO WOU-KI (ZHAO WUJI, French/Chinese , 1920-2013)

Cîme (Peak)

9,000,000-

12,000,000

HK$13,230,000

US$1,713,285

£1,137,780

1,330,938 

Asian Private

7

CHU TEH-CHUN(ZHU DEQUN, French/Chinese , B. 1920)

No. 118

6,800,000-

8,800,000

HK$13,230,000

US$1,713,285

£1,137,780

1,330,938 

Asian Private

13

WU GUANZHONG (Chinese, B. 1919-2010)

Waterfall

Estimate on Request

HK$13,230,000

US$1,713,285

£1,137,780

1,330,938 

Asian Private

1

ZAO WOU-KI (ZHAO WUJI, French/Chinese, 1920-2013)

Nature Morte Aux Poissons

4,000,000-

 5,000,000

HK$12,030,000

US$1,557,885

£1,034,580

1,210,218 

Asian Private

8

CHU TEH-CHUN (ZHU DEQUN, French/Chinese , B. 1920)

Sombre Horizontal

6,000,000-

8,000,000

HK$12,030,000

US$1,557,885

£1,034,580

1,210,218 

Asian Private

42

YUE MINJUN (Chinese , B. 1962)

Fifteen Poses in Life: Pink

8,000,000- 10,000,000

HK$12,030,000

US$1,557,885

£1,034,580

1,210,218 

Asian Private

       

 

 


 

Hong Kong On Saturday, May 25, 2013, the Evening Sale of Asian 20th Century & Contemporary Art realised HK$414,950,000 (US$53,736,025), and sold in excess of 90% by lot and 91% by value. Four world auction records were established: Nudes on Horseback by American-Chinese artist Yun Gee (Zhu Yuanzhi) sold for HK$ 11,430,000 (US$ 1,480,185), Still Life with Tropical Fruits by Singaporean artist Georgette Chen sold for HK$5,070,000 (US$656,565), La marchande de riz (The Rice Seller) by Vietnamese artist Nguyen Phan Chanh sold for HK$3,030,000 (US$392,385), and PixCell-Coyote#3 by Japanese artist Kohei Nawa sold for HK$2,790,000 (US$361,305).

Eric Chang, International Director of Asian 20th Century & Contemporary Art, said, “The breadth and depth of the market was felt in the energetic saleroom, across 20th Century and cutting-edge Asian Contemporary art.  We witnessed continued cross-cultural buying throughout the evening and saw increasing attention paid to Southeast Asian Art.  Since last season, we have seen this market continue to grow in stature and excite collectors from every corner of the world and from other collecting areas.  This is driving the market to new levels.”

Images and top ten results can be downloaded here:

http://cshk.myftp.org/2013%20Spring%20Christie's%20Hong%20Kong%20Auctions/A20CA/Results/EveningSale_Sale3205/

To view the full auction results:

http://www.christies.com/lotfinder/salebrowse.aspx?intsaleid=24298&viewType=list

  

PRESS CONTACT:

Luyang Jiang Hildebrandt (Hong Kong ) |+852 2978 9919 | ljiang@christies.com

Suky Lo (Hong Kong) | +852 2978 6736 | sukylo@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.