Detail from French Chinese artist Zao Wou-Ki's work 14.12.59, which sold for HK$176.7 million at a Christie's auction in Hong Kong on May 26. Photo: Christie's/Zao Wou-Ki

Auction house seeks IPO as art sale boom swells Hong Kong spring auction takings

Two Zao Wou-Ki works sell for nearly US$32 million in Hong Kong spring sales, helping auctioneers Christie’s and Phillips to record takings; Tokyo Chuo Auction, a newish player, hopes Hong Kong investors will fund its expansion

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Detail from French Chinese artist Zao Wou-Ki's work 14.12.59, which sold for HK$176.7 million at a Christie's auction in Hong Kong on May 26. Photo: Christie's/Zao Wou-Ki
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