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Auction Analysis: Hong Kong Modern and Contemporary Art Evening Sales – Spring 2021
- Analyst: Lindsay Dewar
- Pages: 28
- Access: Analyst
Hong Kong’s Evening Sales of Modern and Contemporary art set new record highlighting strength in the Asian market
Hong Kong’s evening sales of Modern and Contemporary art this Spring season raised a total of HK$3.45 billion (US$445 million) against the total estimate of HK$2.97 billion to HK$4.21 billion. This was 67.6% higher than the total sales in Summer 2020, and 27.4% higher than the previous record season in Autumn 2020. Despite the disruption caused by Covid-19 across the global art market, Hong Kong continues to demonstrate confidence at the top-end of the art market, and the increasingly important role of Hong Kong as a global art market hub.
About this report:
This report presents an in-depth analysis of Modern and Contemporary art Evening sales at Christie’s, Sotheby’s and Phillips in Hong Kong, and provides a comparison of auction trends between the three auction houses. The analysis also provides analytical tools looking at annual trends between 2015 and 2021.
Who is it for?
This report is popular among dealers, auction houses and collectors, who want to get an in-depth understanding of the market trends in the Modern and Contemporary art auction market, and are looking for an analysis of the comparative performance between Christie’s, Sotheby’s and Phillips in 2021.
ArtTactic also offer bespoke reports on the Hong Kong Modern and Contemporary market. For further information please contact us on info@arttactic.com.