Art Radar Asia

Contemporary art trends and news from Asia and beyond

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    Art Radar Asia News conducts original research and scans global news sources to bring you selected topical stories about the taste-changing, news-making and the up and coming in Asian contemporary art.
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Sothebys cuts Hong Kong spring Asian art sale by two-thirds

Posted by artradar on February 28, 2009


AUCTION HOUSE NEWS SPRING 2009

Reuters reports that Sothebys sold US$223 million worth of artwork in its 2008 spring sale but this year expects to sell only one-third as much in what Kevin Ching, Chief Executive Office for Asia calls a “well-edited” selection of  works which is priced to take account of market conditions.

more from Reuters

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This entry was posted on February 28, 2009 at 9:37 pm and is filed under Auctions, Market watch, Recession. Tagged: , , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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