Christie's Hong Kong Chinese Painting sales this Autumn achieved HK$ 914,115,000/US$ 118,469,304 over the course of two days, with an overall sold rate of 93% by lot and 97% by value.
Ben Kong, International Specialist Head of Christie's Chinese Paintings Department, said, The successful results of HK$914 million/US$118.5 million achieved from all three sales build on Christie’s market leadership and our global sourcing of Chinese paintings and calligraphy. Strong provenance gave rise to fierce bidding especially for works from private collections, The Su Zhu An Collection of Chinese Paintings and Property formerly in the Collection of Dr. K. S. Lo in both Chinese Classical and Modern Paintings. A section of the sale dedicated to the new category of Chinese contemporary ink paintings was very well received. The highlights of the auction were Li Keran’s Jinggang Mountains and Dong Bangda’s Waterfalls In The Rocky Mountains, which drew significant interest from collectors, and attracted determined bidding, far exceeding its pre-sale estimates.