Brisk start as Hong Kong art fair gears up for final sprint
Published on May 17, 2014 9:27 AM
Dutch gallery owner Nieck de Bruijn’s gamble on Art Basel in Hong Kong has paid off handsomely.
A first time participant at the prestigious modern and contemporary art fair in Asia, his gallery, Upstream, sold out all its works by hyper-realist artist David Haines on the first day.
Similarly, many of the other 244 galleries showing at the five-day fair, which held its private preview on Wednesday and opened to the public on Thursday, have enjoyed brisk sales.
Mr Sueo Mizuma, 60, owner of Mizuma Gallery in Japan and Singapore, for example, has sold 80 per cent of the works at his booth, including a large-scale painting by Japanese artist Amano Yoshitaka for US$250,000.
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