Follow your nose

A former amateur racing driver, Carson Chan Kai-shun enjoys cars. So when an opening came up at Bonhams' local subsidiary 10 years ago, he seized the chance - the auction house was then better known for its sales of vintage cars.

Tuesday, 19 January, 2010, 12:00am

World record set for Chateau Petrus 1982

Sotheby's Hong Kong took HK$61.5 million at its two-day autumn wine auction, which ended yesterday, well up on its best pre-sale estimate of HK$47.8 million. A world auction record was set at yesterday's sale for a bottle of Chateau Petrus 1982 Imperial - HK$726,000. Including the spring sales, the auction house has taken HK$111.5 million in wine sales this year.

5 Oct 2009 - 12:00am

Treasure trove up for grabs in HK

More than 2,400 lots with an estimated value of HK$950 million will be offered at Sotheby's autumn sales starting tomorrow at the Convention and Exhibition Centre.

Collections will be publicly displayed until next Wednesday, with auctions running until Thursday.

2 Oct 2009 - 12:00am

Occupancy rates climb as firms prize better facilities

Manhattan Place, a flagship office building in Kowloon Bay developed by Manhattan Realty, has continued to draw tenants looking for competitively priced Grade A office premises in secondary business locations.

25 Sep 2009 - 12:00am

Do the local motion

Maybe something good is coming out of the economic downturn after all. Hong Kong contemporary art, which has until now barely had a look in at auction houses, is to go on sale as part of Sotheby's Contemporary Asian Art auction next month. According to the international auctioneer, affordable art is hot.

17 Mar 2009 - 12:00am

Past time for a decision on quarterly reporting

These are hard times for our friends at the securities watchdog, who are busy negotiating with banks and brokers to discuss compensation for victims of the Lehman Brothers minibonds while handling two other hot potatoes.

10 Feb 2009 - 12:00am

Conservative approach to pricing pays off for auction house

One auction house is sticking to a simple strategy in the current economic climate: sell rare works while keeping prices at a conservative level.

Christie's yesterday showed off one of its major lots for the autumn sale season in Hong Kong: Zeng Fanzhi's Mao I: From the Masses, to the Masses, which is valued at more than HK$30 million.

21 Oct 2008 - 12:00am

Millions spent at art auction

Despite global economic worries, a Hong Kong auction house pulled in millions of dollars during a morning sale session yesterday, and trumpeted the setting of two world records.

9 Oct 2008 - 12:00am

Auction raises HK$47m for gymnastics icon's sports fund

Former star gymnast turned sportswear entrepreneur and torch-bearer Li Ning put in an appearance at a watch auction yesterday, which raised millions of dollars for an education fund for the nation's athletes.

8 Oct 2008 - 12:00am

Financial turmoil takes gloss off art and jewellery auctions

A number of famed art works and big-ticket jewellery items went unsold at two highly anticipated auctions yesterday as the global financial crisis hit the art and gems markets.

8 Oct 2008 - 12:00am

Chill financial winds cool art lovers' ardour

The chill winds of the global financial crisis may have cooled art lovers' ardour, if the result of Sotheby's Hong Kong art auction yesterday is any indication.

6 Oct 2008 - 12:00am

Hong Kong International Arts and Antiques Fair

Hong Kong Convention and Exhibition Centre, Hall 3, Sat-Oct 7

2 Oct 2008 - 12:00am

Evening sale puts modern Asian art on the market

Sotheby's will hold an evening sale of contemporary Asian art for the first time during the autumn auctions. Curated by a global team of specialists, the sale will feature 47 artworks from renowned artists from China, Japan, South Korea, India and Southeast Asia.

2 Oct 2008 - 12:00am

Rare Chinese works expected to fetch HK$170m at auction

Rare and important works of 20th century Chinese art will be auctioned in Hong Kong from next month.

Sotheby's showcased some of its significant lots yesterday, including an impressionistic landscape scene by Chen Chengbo called Maobitou Cape (The Sound of the Waves), and a semi-abstract work by Liao Jichun entitled Ancient Castle in Spain.

19 Sep 2008 - 12:00am

Sotheby's wins legal case over trademark

Sotheby's has won a crucial trademark-infringement case that will help block mainland companies from using its name, according to the auctioneer's chief executive for Asia.

19 Sep 2008 - 12:00am