Daily Market Updates: Hong Kong’s art trading hub ambitions rest on more than headline sales

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Hong Kong’s art trading hub ambitions rest on more than headline sales

Reported · Written up by our desk · North America

A Vincent van Gogh painting not shown publicly for more than 60 years recently drew hundreds of people to Sotheby’s Hong Kong. Painted in May 1890, Châtaigniers en fleurs (Chestnut Trees in Flower) is a major work from his Auvers-sur-Oise period and could set an auction record. For three days, Sotheby’s opened the private collection to public viewing in Hong Kong. Its brief stay raises a question about the city’s art hub ambitions: what lasting expertise can be built around a masterpiece that...

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SCMP EconomyHong Kong’s art trading hub ambitions rest on more than headline sales

Global Markets

Hong Kong’s art trading hub ambitions rest on more than headline sales

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