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Asian art powers on in Hong Kong
Works with price tags in the five-figure US$ range fly off the walls at Art Basel Hong Kong
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Helmi Yusof
Published Sun, Mar 15, 2015 · 09:50 PM
Hong Kong
FEARS of an art market in decline proved unfounded - at least in the first few days of Art Basel Hong Kong (ABHK) where numerous blue-chip works with at least five-figure US dollar price tags flew off the walls during the VIP preview.
Notably, many of these works were by Asian artists, signalling a wider recognition of Asian art as well as a general sense that ABHK is the market for Asian art.
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