Auction houses in Hong Kong, meanwhile, also appear to be feeling the heat. Top auction houses saw sales during their flagship spring sales plunge this week, a result some observers say was partly due to the mainland's anti-graft campaign. Photo: Bloomberg
Auction houses in Hong Kong, meanwhile, also appear to be feeling the heat. Top auction houses saw sales during their flagship spring sales plunge this week, a result some observers say was partly due to the mainland's anti-graft campaign. Photo: Bloomberg

Macau luxury watch expo axed as China's anti-graft campaign drives VIPs away

Luxury watch expo called off, with backers blaming Xi Jinping's crackdown on corruption, while top auction houses see spring sales slump

Auction houses in Hong Kong, meanwhile, also appear to be feeling the heat. Top auction houses saw sales during their flagship spring sales plunge this week, a result some observers say was partly due to the mainland's anti-graft campaign. Photo: Bloomberg
Auction houses in Hong Kong, meanwhile, also appear to be feeling the heat. Top auction houses saw sales during their flagship spring sales plunge this week, a result some observers say was partly due to the mainland's anti-graft campaign. Photo: Bloomberg
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