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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. Lifestyle - Arts & Culture

    Local artist Lam Tung Pang donates work to SCMP Charity Art Auction

    Posted Aug 12th 2014, 09:45am by Enid Tsui

    ... stare back in stony silence. Lam has donated this 2013 work, a mix of acrylic and charcoal applied on plywood, to help raise money for local charities. It will be auctioned on September 3 at the SCMP Charity Art Auction. "People from different worlds are always looking at each other. No action is required when you look. The auction is an opportunity to get people to do more, ...

    http://www.scmp.com/lifestyle/arts-culture/article/1571403/local-artist-lam-tung-pang-donates-work-scmp-charity-art
  7. 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
  8. 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 ...

    http://www.scmp.com/lifestyle/arts-culture/article/1084006/beijing-auction-house-takes-rivals-hong-kong
  9. 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 ...

    http://www.scmp.com/business/money/markets-investing/article/1084042/art-investment
  10. Business - Companies - E-COMMERCE

    Sotheby’s, eBay team up for online auctions

    Posted Jul 15th 2014, 11:57am by Reuters

    ... Reuters in New York Two of the biggest names in auction sales, the venerable Sotheby’s and digital pioneer eBay, said they are joining forces to make it easier to buy antiques, collectibles and works of fine art online. The two firms plan to stream selected auctions with live bidding in real time late this year or early next year from Sotheby’s New York headquarters. The deal ...

    http://www.scmp.com/business/companies/article/1554641/sothebys-ebay-team-online-auctions

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