Auction Results

Zao Wou-Ki's 'Abstraction' Sets Artist Record in Modern and Contemporary Chinese Art Auction during Beijing Art Week

Sotheby's Beijing Art Week concluded on 1 December with an auction that achieved RMB227,133,480 / US$37,278,386 (Est. over RMB123 million), and set a record for Chinese modern master Zao Wou-Ki when  Abstraction, from The Collection of The Art Institute of Chicago, sold for RMB89,680,000 / US$14,718,771 (Est. RMB35 – 45 million). Artist records were also set for Li Guijun, Chen Fei, Duan Jianwei, Liu Renjie and Ma Ke. 

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