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  • August 30, 2014
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  1. News - Hong Kong - TECHNOLOGY

    New HK-based 'auction' website rewards unique bids, but not necessarily the highest

    Posted Aug 28th 2014, 04:56am by Amy Nip

    ... Amy Nip amy.nip@scmp.com New 'auction' site rewards unique bids, not highest Online shoppers are likely familiar with auction websites such as eBay or Yahoo Bid, where the bidder who offers the highest price wins the product. Now, however, a controversial alternative has arrived in town. A local website called uBidiBid has brought "unique price auctions ...

    http://www.scmp.com/news/hong-kong/article/1581286/new-hk-based-auction-website-rewards-unique-bids-not-necessarily
  2. News - Asia - PHILIPPINES

    Manila to auction off 700 tonnes of smuggled garlic after prices soar

    Posted Aug 21st 2014, 11:17pm by Raissa Robles

    ... Raissa Robles in Manila Going once, going spice: illicit garlic at auction About 700 tonnes of garlic smuggled from Shandong will be auctioned off next week in Manila after soaring prices ... that they were pest-free and fit for human consumption, Customs Commissioner John Sevilla said. Tuesday's auction will be unusual because in 2007 the government ordered the destruction of all ...

    http://www.scmp.com/news/asia/article/1578702/manila-auction-700-tonnes-smuggled-garlic-after-prices-soar
  3. News - Hong Kong - AUCTION

    Malt in your mouth: Japanese whisky fetches HK$260,000 at Hong Kong auction

    Posted Aug 16th 2014, 09:30pm by Lana Lam, Bloomberg

    ... evening, the auction house said. Bonhams sold a total of HK$6.56 million worth of whisky with 97 per cent of the lots sold. The top lot was a Macallan 55 Year Old limited edition in a Lalique ... typically brought in the big money. In 2009, Bonham was the first auction house to hold a whisky auction in Hong Kong, putting rare single malt whiskies under the hammer. In recent years, whisky has ...

    http://www.scmp.com/news/hong-kong/article/1575062/malt-your-mouth-japanese-whisky-fetches-hk260000-hk-auction
  4. News - China - CHANGING FACES

    Calm head pays dividends for auctioneer

    Posted Jun 09th 2013, 12:00am by LAURA ZHOU

    ... is priceless when bids flow at auction Ji Tao was one of the first registered auctioneers on the mainland, and he has seen the auction industry develop since the government passed a law in 1997 standardising auction practices and protecting those involved. Today, with his own company in Beijing, Ji looks back on his 15 years as an auctioneer. When did you get the idea to become an auctioneer ...

    http://www.scmp.com/news/china/article/1256678/calm-head-pays-dividends-auctioneer
  5. News - China - LITERATURE

    Auction of Chinese literary couple's letters sparks privacy row

    Posted May 23rd 2013, 12:00am by AFP

    ... Agence France-Presse in Beijing Privacy row as literary pair's letters auctioned Around 100 letters and manuscripts by one of China's top literary couples are to be auctioned ... "Correspondence is a private matter. Why should it be made public?" it quoted Yang as saying. An executive of Sungari International Auction confirmed the sale, but refused to disclose the identity ...

    http://www.scmp.com/news/china/article/1243710/auction-chinese-literary-couples-letters-sparks-privacy-row
  6. News - Hong Kong - ART

    Artist Cui Ruzhuo puts auction blunder behind him with launch of Hong Kong museum

    Posted Aug 05th 2014, 08:06pm by Vivienne Chow

    ... in his name Artist focuses on dreams, not rubbish blunder His HK$28 million painting might have been accidentally thrown into the trash after a blunder at an art auction in Hong Kong in April, ... was a huge success and it boosted my impact in Hong Kong," he said. Cleaners at the Poly Auction Hong Kong sale apparently mistook the second top lot, Cui's Snowy Mountain, which was sold ...

    http://www.scmp.com/news/hong-kong/article/1567081/painter-cui-ruzhuo-chooses-not-look-back-auction-blunder
  7. News - World - ART

    Monet’s Water Lilies sells for HK$418 million at London auction

    Posted Jun 24th 2014, 09:36pm by AFP

    ... in New York and the Musee National d'Art Moderne in Paris. Pool of Water Lilies (Le Bassin aux Nympheas), from the same series, still holds the record for a Monet painting sold at auction ... which also achieved the second-highest price ever paid for one of his works at auction. The 1927 piece, which went for £15.2 million, features a distinctive prime colour combination ...

    http://www.scmp.com/news/world/article/1539697/monets-water-lilies-sells-hk418-million-london-auction
  8. News - World - COLLECTING

    One-cent stamp expected to fetch US$20 million at auction

    Posted Jun 03rd 2014, 09:45pm by GDN

    ... The Guardian Treasure up for auction after having succession of eccentric owners One-cent stamp may fetch record US$20m A scrap of dark-red paper faintly printed in black, the only surviving example of a legendary stamp that sold for one cent in 1856, is expected to fetch US$20 million at auction, reinforcing its reputation as the world's most famous and valuable stamp. ...

    http://www.scmp.com/news/world/article/1524740/one-cent-stamp-expected-fetch-us20-million-auction
  9. News - Hong Kong - AVIATION

    Cathay Pacific explores online auction for seat upgrades

    Posted May 29th 2014, 12:40pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Cathay considers seat upgrade auction Cathay Pacific is considering an online auction- similar to ones on eBay- where passengers can bid to upgrade ... flyers fear free upgrades could be scaled back, a benefit that is offered to Marco Polo Club members, particularly on flights where economy class is fully booked. The auction is designed ...

    http://www.scmp.com/news/hong-kong/article/1521047/cathay-pacific-explores-online-auction-seat-upgrades
  10. News - China - ENVIRONMENT

    Shenzhen to hold first-ever auction of carbon permits

    Posted May 28th 2014, 12:50pm by Reuters

    ... Reuters in Beijing Speculators say minimum price was 'unfair' as it was 50pc less than average price of permits Shenzhen will auction 200,000 carbon permits to help the city’s ... auction price was too low and could scupper their resale plans. China, the world’s biggest emitter of climate-changing greenhouse gases, has launched six regional carbon markets as a low-cost ...

    http://www.scmp.com/news/china/article/1520266/shenzhen-hold-first-ever-auction-carbon-permits

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