$65 million Chinese oil painting leads one of Asia's largest ever art auctions - News Summed Up

$65 million Chinese oil painting leads one of Asia's largest ever art auctions


Written by Oscar Holland, CNNA painting by the Chinese-French painter Zao Wou-Ki sold for a record 510 million Hong Kong dollars ($65 million) Sunday, leading one of Asia's largest ever art auctions. It was a record-breaking evening at the auction house, which sold $200 million worth of art at the sale. Asian artists featured prominently alongside household Western names, with Japanese artist Yoshitomo Nara's "Portrait of AE" selling for more than 26.5 million Hong Kong dollars ($3.4 million). 1 / 8 Zao Wou-Ki's abstract painting "Juin-Octobre 1985" has become the most expensive painting to ever sell at auction in Hong Kong. Credit: MadeIn Company/Xu ZhenWestern art proved popular too, attracting a record total of 260 million Hong Kong dollars ($33.2 million) across the auction.


Source: CNN October 01, 2018 05:15 UTC



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