On 25 and 26 May, Christie's Hong Kong held a series of four 20th Century & Contemporary Art sales, totalling HK$1.15 billion / US$147.8 million with a combined sell through rate of 82%.
Fuelled by diverse bidding from around the world, 20% of which are new buyers to Christie's, the season realised one of the highest ever totals for the category.
The series of sales was led by Zao Wou-Ki's monumental Triptyque 1987-1988 which realised HK$178 million / US$22.7 million in the evening sale. The debut of ICONOCLAST, an innovative curated sale highlighting 16 artists born between 1969 and 1989 who are defying traditional boundaries to create art for a global audience, saw Jia Aili's The Wasteland achieve HK$18 million/US$2.3 million, a record for the artist. Outstanding results were also achieved for leading Japanese and Chinese contemporary artists with major artist records set for for Yoshitomo Nara, Yayoi Kusama, Le Pho and many more.
The exceptional single-owner Tuan Pham Collection of Vietnamese paintings was also 100% sold, a major achievement in the field of modern Vietnamese art.
We are now inviting consignments to our Autumn sales. Please contact us to arrange an appointment for a complimentary and confidential evaluation.