Breaking 20 records with the region’s second-highest auction total ever, Sotheby’s Hong Kong delivered powerful results with its spring sales. “Our success this week is the product of more than four decades of investment in Asia,” said Patti Wong, Chairman of Sotheby’s Asia. More than half of the season’s lots exceeded their high estimate, including two exceptional sets of Ming Dynasty Imperial Sutras and Zhang Daqian’s “Spectacular Mountains in Spring Snow,” confirming the strength of a thriving market. Click here for more information on how to consign with Sotheby’s or to receive a complimentary auction estimate.
Set to the words of poet Xu Zhimo, who deeply admired the artist, this short film celebrates Sanyu’s depiction of his sleeping muse and his enchantment with the female figure. ‘Nu Endormi’ is one of Sanyu’s great artistic creations and a highlight of Sotheby’s upcoming Modern Art Evening Sale (31 March, Hong Kong).
Influential Chinese artist Hsiao Chin tells us about the lively post-war global art scene and how he founded the Movimento Punto in Milan in the 1960s. Works by Hsiao Chin, along with other Asian pioneers such as Zao Wou-ki and Chu Teh-Chun, are highlights of Sotheby’s upcoming Modern Art Evening Sale (31 March, Hong Kong).
Zao Wou-Ki was an international master of abstractionism. Not only have his works been exhibited in countless important exhibitions in the last half-century, they have been inducted into over 120 public collections around the world. Publications show that his works have found an important home in American institutions, where a great number of important Zao paintings now reside. The majority of these works come from Zao’s ‘Oracle Bone Period’. Of these, the most prominent was Abstraction, formerly in the collection of the Art Institute of Chicago. Abstraction was sold by Sotheby’s Beijing in 2013 for RMB 89,680,000 (approximately HKD 113,000,000), creating a new auction record for Zao at the time. In 1955, the artist was invited to participate at the Third São Paulo Biennial, as well as the Carnegie International at the Carnegie Institute of Pittsburgh in USA, where Foule noire (1954) (Black Crowd) received an Honourable Mention. The painting was later donated to the Carnegie Museum of Art – founded in 1895, it was the first museum in the United States which focused on contemporary art. Today it owns over 30,000 works of art and is considered one of the most active top-level art institutions. To many and most importantly to Zao himself as an Asian artist, the acquisition of his works by important American public institutions was seen as a highly significant recognition for his accomplishment and position in the post-war Western art world. This spring, Sotheby’s Hong Kong is honoured to be offering Sans titre (Lot 1032), a Zao masterpiece from the collection of the prodigious Carnegie Museum of Art, a truly rare and wondrous opportunity to acquire such a treasure.
The Contemporary Art Evening Sale in Hong Kong presents stellar Western works including important major works by Robert Rauschenberg and Roy Lichtenstein as well as iconic pieces by Lucio Fontana and Rudolf Stingel. The Modern Art Evening Sale features Western works for the first time, presenting classic masterpieces by Marc Chagall and Pablo Picasso. Contemporary Art Evening Sale 31 March | Hong Kong Modern Art Evening Sale 31 March | Hong Kong
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