On 4 April 2017 in Hong Kong, Sotheby’s set a new record for any diamond or jewel when the Pink Star, a 59.60-carat oval mixed-cut fancy vivid pink internally flawless diamond, sold for HK$553 million (US$71.2 million) to renowned jeweller Chow Tai Fook, who has renamed the stone 'CTF Pink Star'. Not only was the price more than double the previous record for a fancy vivid pink diamond, but it was also a new record for any work ever sold at auction in Asia.