Nature morte aux poisson by Zao Wou-ki, part of Christie's Hong Kong Asian 20th Century and Contemporary Art auction. Industry watchers say high land and operational costs in Hong Kong have discouraged Christie's from establishing a permanent storage site in the city. Photo: David Wong

Shanghai's free-trade zone threat to Hong Kong art auctions

Opening of zone in Shanghai could see city hold tax-free sales of art and collectibles

Topic |   Shanghai free-trade zone

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Nature morte aux poisson by Zao Wou-ki, part of Christie's Hong Kong Asian 20th Century and Contemporary Art auction. Industry watchers say high land and operational costs in Hong Kong have discouraged Christie's from establishing a permanent storage site in the city. Photo: David Wong
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