Sotheby's is suing a mainland man for more than HK$27 million over Chinese paintings and scrolls that it says he bought in an April auction in Hong Kong but never paid for.Tuesday, 17 July, 2012, 12:00am
An oil painting purportedly by renowned artist Xu Beihong that fetched more than 70 million yuan (HK$85.5 million) at auction in Beijing last year is actually just a class exercise painted 30 years after Xu's death, according to an open letter signed by 10 alumni of the China Central Academy of Fine Arts.17 Sep 2011 - 12:00am
Sotheby's will continue to seek pre-sale deposits from potential buyers of not just premium lots but also all other categories to protect the auction house from buyers with bad credit records in the coming Hong Kong autumn auction.8 Sep 2011 - 12:00am
A block of four 96 HK cent stamps sold for HK$6.4 million yesterday. A spokesman for the auctioneer, Spink, said it was a record at auction in Hong Kong, and that they had gone to an anonymous buyer. The colour was believed to be a mistake and only 52 sheets were issued, in 1865. A 1908 Qing dynasty $1 note sold for HK$2.4 million, a world auction record price for a classic Chinese banknote.24 Jan 2011 - 12:00am
Cartoonist Alfonso Wong Kar-hei's Old Master Q work will be auctioned in Hong Kong on Wednesday, the first comics to be auctioned by Sotheby's in Asia.5 Apr 2008 - 12:00am
A bronze horse head looted from the Summer Palace in Beijing is expected to fetch up to HK$80 million at auction in Hong Kong - a 25-fold increase from the price paid by its owner in 1989.6 Sep 2007 - 12:00am
On April 7 this year, a painting by prominent Chinese artist Xu Beihong, Put Down Your Whip, sold for HK$72 million at a Sotheby's Hong Kong auction. The sale not only smashed the artist's own auction record, but set a new world auction record for a Chinese painting.
With the boom in the contemporary Chinese art market, these results are no surprise.1 Jun 2007 - 12:00am
All these paintings broke auction records.
Put Down Your Whip (1939) by Xu Beihong.
Sold by Sotheby's Hong Kong on April 7, 2007, for HK$72 million.
Sinking Ship (1995) by Liu Ye.
Sold by Sotheby's Hong Kong on April 7, 2007, for HK$7,040,000.
Tiananmen Square (1993) by Zhang Xiaogang.1 Jun 2007 - 12:00am
Chinese ink-wash painting master Wu Guanzhong's Scenery of Northern China fetched the top price at Christie's spring sale yesterday when it sold for HK$31.6 million - more than double estimates. The landscape portrait, the only piece by Wu in private hands, topped two other contemporary Chinese paintings sold on the first day of the five-day auction.28 May 2007 - 12:00am
An oil painting by late Chinese artist Xu Beihong fetched HK$72 million at auction in Hong Kong, a world record for a Chinese painting.
Put Down Your Whip, painted in 1939, was the main item to go under the hammer at an auction of contemporary Chinese art yesterday, which generated HK$214 million.8 Apr 2007 - 12:00am