{"id":41051,"date":"2020-12-02T17:20:56","date_gmt":"2020-12-02T22:20:56","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=41051"},"modified":"2024-02-21T06:02:34","modified_gmt":"2024-02-21T11:02:34","slug":"christies-hong-kong-modern-contemporary-art-evening-sale-shines","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2020\/12\/christies-hong-kong-modern-contemporary-art-evening-sale-shines\/","title":{"rendered":"Christie\u2019s Hong Kong: Modern &#038; Contemporary Art Evening Sale Shines"},"content":{"rendered":"<div id=\"attachment_41052\" style=\"width: 151px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/sanyu-full-bloom-pink-chrysanthemums-in-a-basket.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-41052\" class=\" wp-image-41052\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/sanyu-full-bloom-pink-chrysanthemums-in-a-basket-193x300.jpg\" alt=\"white flowers on a black background\" width=\"141\" height=\"219\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/sanyu-full-bloom-pink-chrysanthemums-in-a-basket-193x300.jpg 193w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/sanyu-full-bloom-pink-chrysanthemums-in-a-basket.jpg 302w\" sizes=\"(max-width: 141px) 100vw, 141px\" \/><\/a><p id=\"caption-attachment-41052\" class=\"wp-caption-text\">Sanyu\u2019s Pink Chrysanthemums in a Basket<\/p><\/div>\n<p>Starting in the wee hours in New York (so I was asleep when it took place), Christie\u2019s Hong Kong offered up a selection of works that surely opened up people\u2019s eyes.\u00a0 When I initially went to their website, I noticed that there was an option to open a pdf version of the printed catalog (printed catalogs are becoming rare these days).\u00a0 I click the button and it started to download a 372-page catalog.\u00a0 What?!\u00a0 It takes close to 400 pages to market 58 works?\u00a0 (HK$ = Hong Kong Dollars, and unless otherwise noted, prices include the buyer\u2019s premium)<\/p>\n<div id=\"attachment_41054\" style=\"width: 258px\" class=\"wp-caption alignright\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zhang-xiaogang-bloodline_-big-family-no.-2.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-41054\" class=\" wp-image-41054\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zhang-xiaogang-bloodline_-big-family-no.-2-300x231.jpg\" alt=\"mother and father with baby with yellow face\" width=\"248\" height=\"191\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zhang-xiaogang-bloodline_-big-family-no.-2-300x231.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zhang-xiaogang-bloodline_-big-family-no.-2.jpg 480w\" sizes=\"(max-width: 248px) 100vw, 248px\" \/><\/a><p id=\"caption-attachment-41054\" class=\"wp-caption-text\">Zhang Xiaogang\u2019s Bloodline Series The Big Family No. 2<\/p><\/div>\n<p>The top lot in the sale was Sanyu\u2019s <em>Pink Chrysanthemums in a Basket<\/em> which carried a HK$68-98M estimate and sold for HK$138.1M ($17.9M); the painting last sold in 2005 for HK$3.26M ($420K) \u2013 that was a very nice return.\u00a0 Zhang Xiaogang\u2019s <em>Bloodline Series The Big Family No. 2,<\/em> was expected to make HK$38-48M and brought HK$98M ($12.6M). This same painting sold in 2008 for HK$26.4M ($3.4M), so the owner did pretty well. In a close third they had Zao Wou-Ki\u2019s <em>15.01.82 Triptyque<\/em> at HK$94.6M ($12.2M \u2013 est. HK$70-120M). The seller of this one did not do as well \u2013 they bought it in 2013 for HK$85M ($11M). Rounding out the top five were Zao Wou-Ki\u2019s <em>09.03.65<\/em> at HK$75.7M ($9.8M \u2013 est. HK$60-80M), and Chu Teh-Chun\u2019s <em>The White Forest I<\/em> brought $HK42.3M ($5.5M \u2013 est. HK$35-55M) \u2013 this one last sold in 2006 for HK$10.6M ($1.35M) \u2026 another happy seller.<\/p>\n<div id=\"attachment_41053\" style=\"width: 321px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-scaled.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-41053\" class=\" wp-image-41053\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-300x151.jpg\" alt=\"abstract painting with yellow and black\" width=\"311\" height=\"157\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-300x151.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-1024x514.jpg 1024w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-768x385.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-1536x771.jpg 1536w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/zao_wou-ki_15_01_82-Triptyque-2048x1028.jpg 2048w\" sizes=\"(max-width: 311px) 100vw, 311px\" \/><\/a><p id=\"caption-attachment-41053\" class=\"wp-caption-text\">Zao Wou-Ki\u2019s 15.01.82 Triptyque<\/p><\/div>\n<p>There were several other lots that performed extremely well; these included Mathew Wong\u2019s <em>The Journey Home<\/em> (est. HK$700K-1.5M \u2013 sold HK$11M\/$1.43M), Huang Yuxing\u2019s <em>Gyatso\u2019s Palace<\/em> (est. HK$800K-1.2M \u2013 sold HK$4.3M\/$548K), Pan Jiun\u2019s <em>The World Best Scenery \u2013 Jiang Nan<\/em> (est. HK$900K-1.5M \u2013 sold HK$5M\/$645K), and Leonard Foujita\u2019s <em>Reclining Nude with a Small Dog<\/em> (est. HK$10-15M \u2013 sold $HK37.5M\/$4.8M).<\/p>\n<p>By the end of the session, of the 58 lots offered, 55 sold (94.8% sell-through rate), and the total take was HK$885M ($114M) on a HK$587.4-$882.7M ($76-$113.8M) estimate range. So, with the buyer\u2019s premium, they squeaked past the upper end. With lots of action, and some strong prices, I am sure that many sellers were happy with the results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starting in the wee hours in New York (so I was asleep when it took place), Christie\u2019s Hong Kong offered up a selection of works that surely opened up people\u2019s eyes.\u00a0 When I initially went to their website, I noticed &hellip; <a href=\"https:\/\/rehs.com\/eng\/2020\/12\/christies-hong-kong-modern-contemporary-art-evening-sale-shines\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":41052,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[518,207,134,20],"class_list":["post-41051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-asian-art","tag-auction-news","tag-auction-records","tag-auction-results"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Christie\u2019s Hong Kong: Modern &amp; Contemporary Art Evening Sale Shines<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2020\/12\/christies-hong-kong-modern-contemporary-art-evening-sale-shines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Christie\u2019s Hong Kong: Modern &amp; Contemporary Art Evening Sale Shines\" \/>\n<meta property=\"og:description\" content=\"Starting in the wee hours in New York (so I was asleep when it took place), Christie\u2019s Hong Kong offered up a selection of works that surely opened up people\u2019s eyes.\u00a0 When I initially went to their website, I noticed &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2020\/12\/christies-hong-kong-modern-contemporary-art-evening-sale-shines\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-02T22:20:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-21T11:02:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/12\/sanyu-full-bloom-pink-chrysanthemums-in-a-basket.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"302\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Howard L. 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