Rare pink diamond and ruby poised to break records at Sotheby's sale

Rare pink diamond and ruby poised to break records at Sotheby's sale

Extremely rare pink diamond and a remarkable ruby are expected to set new records at Sotheby's auction in Geneva.

Thursday, 7 May, 2015, 10:29am

Auction houses pin hopes on spring sales

The correction that hit the mainland art market in the second half of 2011 has helped prices return to a reasonable level. Photo: Simon Song

Shrugging off international competition, the mainland's art auction houses are busy preparing for their spring auction season, hopeful that collectors will start buying again after the market fell heavily.

28 May 2013 - 5:03am

Asian gourmet forks out US$36,750 for dinner with top chef Ferran Adria

Ferran Adria

An anonymous Asian gourmet has paid US$36,750 at a New York auction to have dinner for four with top chef Ferran Adria.

29 Apr 2013 - 4:29am

Shanghai targets Hong Kong art market with licence for Christie's

Steven Murphy, Christie's CEO

Shanghai is threatening to steal a march on Hong Kong's art market by allowing a leading global auction house to conduct its business there.

10 Apr 2013 - 8:52am

Imperial bowl goes for record HK$74m at Sotheby's auction

William Chak admires his "flawless" falangcai bowl.

A ruby-ground falangcai bowl sold for HK$74 million at a Sotheby's auction yesterday, setting a world record for porcelain made in the reign of Emperor Kangxi during the Qing dynasty (1644-1911).

9 Apr 2013 - 8:04am

Whither China’s art market?

A worker shows off the various artwork up for bidding at the Poly 2012 Spring Art Auction in Beijing. Photo: AFP

After the high values achieved in recent New York Asian art auctions, the art world’s eyes focus to Sotheby’s Hong Kong, with Chinese selling art, jewellery and wine this week.

2 Apr 2013 - 9:45am

Sotheby's Hong Kong to auction dinner of a lifetime with El Bullistar chef Ferran Adrià

Ferran Adrià is considered one of the best chefs in the world.

Hongkongers who missed a chance to dine at one of the world's greatest restaurants will be offered the next best thing when Sotheby's Hong Kong auctions off a meal with El Bulli star chef Ferran Adrià next month.

11 Mar 2013 - 8:43am

Hong Kong still tops wine auction sales

A billboard displays premium wine lots at Sotheby's autumn sales in Hong Kong in October. Photo: SCMP

Hong Kong is set to top wine auction sales again this year - a global crown it earned thanks to the reduction of the excise duty to zero in 2008. By the end of last month, the city had held 21 major events, raising a combined US$130.3 million this year.

6 Dec 2012 - 10:37am 2 comments

Sotheby’s autumn sales in Hong Kong drop as China economy slows

"The Dive" by Ronald Ventura is on the block at the Sotheby's autumn sale in Hong Kong. Photo: Jonathan Wong

Sotheby’s sold HK$2 billion worth of Asian and Chinese artwork and luxury goods in its autumn sales in Hong Kong on Tuesday, a 37 per cent decline from the same period last year as the market consolidates on a weaker China economy.

The tally was also some 18 per cent less than the HK$2.4 billion Sotheby’s sold in its Hong Kong spring sales.

29 Aug 2013 - 4:13am

Auctions consolidate HK's status as art powerhouse

Buyer representatives in action at the China Guardian auction at the Mandarin Oriental yesterday. Photo: Edward Wong

Hong Kong's status as an art auction powerhouse was underlined yesterday with record prices and frantic bidding at two sales.

In its debut sale in the city, China Guardian, a major mainland auction house, performed beyond expectations, reaping HK$354 million, which was almost three times the predicted HK$120 million.

8 Oct 2012 - 4:44am

Buddhist nun claims ownership of prized painting

The painting by Chang Dai-chien, To Paint a Tang Dynasty gentleman holding a horse's rein in the suburbs at autumn.

A Taiwanese Buddhist nun has filed a writ against Sotheby's claiming ownership of a painting due to be auctioned tomorrow.

7 Oct 2012 - 3:49am

Briefs, October 7, 2012

Hang Seng scion sues Sotheby's for HK$8.9m

The son of the late Hang Seng Bank founder is suing auction house Sotheby's for more than HK$8.9 million in proceeds from the sales of antiques.

7 Oct 2012 - 3:49am 1 comment

Talking points

Our editors will be looking ahead today to these developing stories ...

Legco quizzes Fanny Law on C.Y.'s restructuring

9 May 2012 - 12:00am

CREATIVE ambitions

No luxury home is complete without the family's favourite artworks. But buying a painting is not just about appreciation, it also has the potential to be a lucrative investment.

27 Apr 2012 - 12:00am

Auction houses face rising risk of dirty money

The city's auction houses risk becoming a prime target for money laundering gangs, experts warn, as sales reach record levels.

With the spring auction season well under way in Hong Kong, one academic says the city's security in this regard is still far behind other markets, such as Britain, where auction houses are explicitly obligated to report suspicious transactions.

22 Apr 2012 - 12:00am