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  • July 11, 2014
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  1. 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 ...

  2. 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 ...

  3. Lifestyle - Arts & Culture

    Beijing auction house takes on rivals in Hong Kong

    Posted Nov 18th 2012, 12:00am by HANNAH XU

    ... Hannah Xu donghuan.xu@scmp.com Beijing's Poly auction house has set its sights on Hong Kong and its more established rivals here, writes Hannah Xu Clash of the titans When Beijing Poly International Auction announced on its website in late summer that it would hold its first sales in Hong Kong this year, many in the art world wondered whether it was for real. "I ...

  4. Business - Money

    Art as an investment

    Posted Nov 19th 2012, 12:00am by TIFFANY AP

    ... of major works at auction, has outperformed Standard & Poor's 500 index in recent years and, in 2011, did so by 9 per cent. Such is the interest in this asset class, Deloitte now organises ... of Galleries Direct, an Australian art investment firm, and Jonathan Macey, formerly an auctioneer with Bonhams. Specialising in Asian contemporary artwork, Art Futures helps investors who may ...

  5. 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 ...

  6. 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 ...

  7. 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 ...

  8. 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 ...

  9. 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 ...

  10. Home deals stay low as buyers await measures

    Posted Sep 08th 2010, 12:00am by Peggy Sito

    ... Friday stood at 83.61 per cent of the level in 1997 and were 1.8 per cent higher than a month ago. Buyers were also looking to the coming land auction results, Chan said. Two sites will be put up for auction on September 29. One is a residential site at the junction of Fan Leng Lau Road, Wo Muk Road and Luen Hing Street in Fanling, and the other plot is on Lin Shing Road in Chai Wan. Last ...




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