Next-Gen Buyers Drive Successful Hong Kong Sales Series

Hong Kong

The autumn sales series at Sotheby’s Hong Kong attracted a new generation of art collectors, with 25% of all buyers aged under 40 years old. 20 auctions held over five days achieved US$426 million – the sixth consecutive Hong Kong series to exceed US$400 million. A record series of Contemporary Art sales was led a monumental Yoshitomo Nara canvas that sold for nearly five times the artist’s previous auction record. Liu Ye’s ‘Smoke’ from The Gillion Crowet Collection was another record-setter, while the Modern Art category was led by a record-breaking final masterpiece by Sanyu and 10 works by Zao Wou-Ki. Consignor confidence and strong buyer demand was in evidence across all categories, including Wine, Watches, Jewellery, Chinese Works of Art and Chinese Paintings. Click here to consign with Sotheby’s for our upcoming sales.

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