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Auction houses double down in Hong Kong, dealing blow to Singapore’s arts hub ambitions
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Christie’s staff hold up Les Canots Amarres (1887) by Vincent Van Gogh, the top lot at auction at Christie’s Hong Kong headquarters in Hong Kong on Sept 26.
PHOTO: AFP
HONG KONG – In a further affirmation of Hong Kong as Asia’s top auction hub, four major auction houses have either announced or opened their headquarters in the city over the past two years, despite a post-pandemic downturn.
At Christie’s new four-floor headquarters in the prime Central district, the 257-year-old auction house inaugurated its space with record-breaking sales. Christie’s has officially sold the most expensive paintings by Western masters Vincent van Gogh and Claude Monet in Asia.
