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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

BT_20150316_HYHK164X5D_1563130.jpg
(Above) Eko Nugroho's large-scale installation; works by Shoosie Sulaiman, Wang Keping and Xu Longshen; STPI sold every single work by South Korean artist Do Ho Suh; Zai Kuning's Orang Laut showcase.

BT_20150316_HYHK164X5D_1563130.jpg
Eko Nugroho's large-scale installation; works by Shoosie Sulaiman (foreground), Wang Keping (centre) and Xu Longshen (background); STPI sold every single work by South Korean artist Do Ho Suh; Zai Kuning's Orang Laut showcase.

BT_20150316_HYHK164X5D_1563130.jpg
Eko Nugroho's large-scale installation; works by Shoosie Sulaiman, Wang Keping and Xu Longshen; (above) STPI sold every single work by South Korean artist Do Ho Suh; Zai Kuning's Orang Laut showcase.

BT_20150316_HYHK164X5D_1563130.jpg
Eko Nugroho's large-scale installation; works by Shoosie Sulaiman, Wang Keping and Xu Longshen; STPI sold every single work by South Korean artist Do Ho Suh; (above) Zai Kuning's Orang Laut showcase.

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...

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