The Economist review on Hong Kong's art market was interesting. I think the television in mainland China has played a big role in encouraging the wealthy elite to enter the art market. Period.
A white-jade seal dated from 1796, the last year of the Emperor Qianlong’s reign, set a new world record. Sold at auction less than two years ago for HK$46.2m against an estimate of HK$15m, it was estimated this time at HK$50m, only to earn HK$95.9m.
- Economist
Useful links:
www.sothebys.com
www.e-yaji.com
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