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  • August 28, 2014
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  1. Going, going, gone! Sold on a career

    Posted Jan 20th 2011, 12:00am by Staff Reporter

    ... Olivia Chavassieu An auctioneer runs auctions, selling things at public sales. The most famous auctions are of art, but auctioneers can also sell antiques, property, wine, industrial equipment and even livestock. Young Post meets Elaine Kwok, who works as an auctioneer for renowned art auction house, Christie's. Requirements You need to be good with numbers since you have ...

  2. Tung Chung site fetches HK$3.4b in lacklustre sale

    Posted May 12th 2010, 12:00am by Peggy Sito, Yvonne Liu

    ... Yvonne Liu and Peggy Sito The big hitters of the Hong Kong property scene stayed out of a lacklustre government land auction yesterday, a sign they are waiting on the sidelines to see ... Analysts believed the auction could be a turning point for the market, and revised downwards by 15 to 30 per cent their forecasts of prices at auctions over the next two months. The government ...

  3. Asian auction houses starting to come of age

    Posted May 17th 2009, 12:00am by Vivienne Chow

    ... Vivienne Chow Better-than-expected sales of contemporary art at a sale organised by four Asian auctioneers has boosted confidence that such events could become the region's answer to those of giants Christie's and Sotheby's. The auction was timed to coincide with an international art fair in the city. Sales of eastern and western contemporary art at the inaugural ...

  4. Beijing starts land list auction

    Posted May 13th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The Beijing government launched a land application list system in the capital last week to avoid unsuccessful auctions of sites available for sale. The local government placed ... of the site. 'Last year, we saw many sites withdrawn from the tender or auction owing to poor market response,' said Mr Li. 'The new policy and the sites on offer can help the government ...

  5. Sotheby's files suit over unpaid HK$6.8m bid

    Posted Aug 19th 2008, 12:00am by Staff Reporter

    ... The auction house filed the writ against Tang Ju this week claiming he successfully bid on Luo Zhongli's End of Year at an auction in April. 'Despite repeated requests and demands, ... by almost HK$5,000 each day- the claim said. Mr Tang never took possession of the 1981 painting, but all buyers signed a contract requiring them to cover winning bids after the auction ended, ...

  6. Classics rev up a fortune

    Posted Dec 09th 2011, 12:00am

    ... auctioneers Coys. 'We are seeing traditional investors moving away from financial markets and looking at investments that are more tangible,' he said ahead of the COYS True Greats sale, where 36 cars were auctioned at London's Royal Horticultural Halls this week. There is still plenty of cash around for collectibles in the crisis-hit West. A silver Aston Martin DB5 ...

  7. Auction work requires high stamina and knack for entertaining

    Posted Jun 10th 2011, 12:00am

    ... Wong Yat-hei If you are wondering why you can't find a job opening for auctioneers in Hong Kong, that's because they are employed by auction houses in other positions before they pick up auctioning duties. Auctioneers sell different kinds of property at public sales. The most common items are jewelleries, watches, wines and art pieces. Sales may be held for businesses ...

  8. End-users return to lift market

    Posted Jun 16th 2010, 12:00am by Peggy Sito

    ... Properties' research department, said: 'The recent good land auction result has improved buying sentiment. 'Those buyers who had visited units for months made up their minds and decided to enter the market.' Last week, the government fetched HK$10.9 billion, or HK$12,540 per square foot (based on the developable gross floor area of 869,000 sq ft), from the third land auction ...

  9. Shanghai's plate auction takes drivers for a ride

    Posted Oct 23rd 2010, 12:00am by Staff Reporter

    ... licences have been dubbed the most expensive steel products in the world. The controversial auction triggered concerns by the central government in 2004, when Huang Hai, then vice-minister ... Speculation heightened recently that the auction system would be phased out after the World Expo closes on October 31. There is even talk of giving free plates to new car buyers. Apart from the furore ...

  10. Research helps collectors avoid rip-offs

    Posted Sep 20th 2010, 12:00am by Staff Reporter

    ... such as the Art Loss Register,' says Pierre Valentin, a partner at international law firm Withers. 'Some auction houses search these registers as a matter of course, but many dealers do not, so ... a pair of 18th century vases at an auction,' Valentin says. 'She was told the vases were original and she paid nearly GBP2 million for them. Doubts were later expressed that the vases ...




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