Art Basel

New Business

2 ‘mega galleries’ to close Hong Kong branches as the city’s art market loses ground

Two of the world’s biggest art galleries have announced the closure of their respective Hong Kong outposts as major players…

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New Business

Hong Kong needs to offer more tax breaks to enhance art-trading hub status, expert says

Hong Kong needs to offer more tax benefits and other incentives to turn the city into a major base for…

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New Business

Christie’s and Sotheby’s Hong Kong auctions underwhelm as sales slump to 6-year low

The combined takings from two closely watched auctions in Hong Kong over the weekend fell to the lowest level in…

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New Business

Rival art houses Christie’s, Sotheby’s show off flashy new Hong Kong showrooms

Despite a slowdown in the global art market, auction house rivals Christie’s and Sotheby’s upgraded their commercial showrooms in Hong…

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