Christie's Hong Kong Sales Continue with Strong Results in Chinese Classical Paintings Christie’s Hong Kong Autumn 2007 sales series continued today with Fine Chinese Classical Paintings and Calligraphy and Fine Chinese Modern Paintings. Both sales witnessed robust participation.
News-Antique.com - Nov 27,2007 - Christie’s Hong Kong Autumn 2007 sales series continued today with Fine Chinese Classical Paintings and Calligraphy and Fine Chinese Modern Paintings. Both sales witnessed robust participation from around the world as collectors bid enthusiastically for spectacular works by masters such as Zhang Daqian and Xu Beihong in the Chinese Modern Paintings category, and Dong Qichang in the Chinese Classical Paintings category.
With 77% of the lot sold, the sales total in the Classical Chinese Paintings and Calligraphy category reached HK$151,228,750, which exceeded last year's total by over HK$100 million. The works sold exceeding well, with a work by Dong Qichang breaking a world auction record at HK$48,487,500, over 4 times the pre-sale estimate. The sales total for Modern Chinese Paintings was HK$130,893,000, with 83% lots sold. Two works by artist Zhang Daqian in particular proved to be in high demand - Lot 1266 'Landscape in Splashed-color' sold for more than twice the estimate at HK$9,959,500, while Lot 1068 'Secluded Valley' sold for more than 3 times the estimate at HK$7,047,500.
Mr. CM Ma, Senior Consultant of Chinese Paintings Department, Christie’s said, “As the interest in Chinese Classical paintings and calligraphy increases among collectors in Greater China and in Asia, there is steady growth in this category. It is encouraging to see that our total sales of over HK$151 million is an increase of over HK$100 million from our total this time last year. These impressive results reaffirm that the Chinese Classical paintings and calligraphy category is continuing to grow. We believe that in particular, works that have imperial affiliations will excite a high level of interest and Christie’s will continue to source more works of quality and provenance for collectors.”
Next sale
November 27, 2007 11:00 am - Important Chinese Jades from the Personal Collection of Alan and Simone Hartman – II
2:00 pm - Reflections: Chinese Art inspired by the West
2:30 pm - Important Chinsee Ceramics and Works of Art
November 28, 2007
11:30 am - Magnificent Jewellery and Jadeite Jewellery I2:00 pm - Magnificent Jewellery and Jadeite Jewellery II
November 29, 200710:00 am - Important Watches I
2:00 pm - Important Watches II
Venue: Grand Hall, HK Convention and Exhibition Centre (New Wing)1 Expo Drive, Wan Chai, Hong Kong