Also, she added, private sales in the first six months “more than doubled what we did all of last year.”
Sotheby’s has held 16 online auctions in Asia, with 40% of clients new to Sotheby’s, and 30% of buyers under the age of 40.
Through the coronavirus pandemic as well, the art market in the region “has remained resilient,” Wong said. "Fancy Vivid" pink and "Fancy Vivid" blue diamond rings to be sold by Sotheby's in Hong Kong “Our clients are totally adjusted and can accommodate whatever measures we put in place,” Wong said during a virtual press event on Friday. The threat of unrest has been reignited amid China’s approval of a resolution to impose national-security laws in Hong Kong, a semi autonomous Chinese city, but Patti Wong, chairman, Sotheby’s Asia, noted that previous protests hadn’t deterred the region’s clients from bidding. That sale took place even as protests filled the city.
The artist calls the work, one of four known large-scale panels by Ye that feature a single figure, “one of the most important works within his career,” according to Sotheby’s.Īnother work by Ye, Smoke, 2001-02, set an auction record of HK$52 million for the artist at a Sotheby’s auction in Hong Kong last October. A large single-panel painting of a single figure by the Chinese artist Liu-Ye- Leave Me in the Dark, 2008, estimated between HK$25 million and HK$35 million (US$3.2 million and US$4.5 million)-was announced on Friday as one of the star lots for the contemporary art evening sale on Thursday, July 9.
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