Zeng Fanzhi's Mao's Song Poem of Snow, No 2. Auction houses are once again bullish about sales now that mainland buyers are returning to the art market. Photo: Poly Auction Hong Kong

Auctions speak louder

The art market seems to be recovering its allure after a year in which no amount of wooing was able to rekindle the fervour of buyers. Sotheby's early April six-day sale indicated that the market had hit bottom last year.