Zeng Fanzhi is actively collected by some of China's "aspiring Medicis," like Liu Yiqian and his wife, Wang Wei

Educating New Chinese Collectors A Cash Cow For Major Auction Houses

Although Hong Kong is clearly already a money-maker for auction houses like Sotheby's and Christie's, over the past year these auction houses have sought to cultivate a broader collector base in emerging markets like mainland China via more educational offerings.

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This early Qianlong era vase sold for over $160,000 (Image: Bonhams)

New Chinese Collectors Power $30 Million London Auction

With Christie's Hong Kong spring auctions less than two weeks away, Chinese collectors look as if they're still very much in the buying mood.

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Zeng Fanzhi is popular with New Chinese Collectors

Asia Art Forum To Address Educational And Market Demand From New Chinese Collectors

To address demand from New Chinese Collectors, new books and online resources, along with more forums and conferences, have appeared on the scene in mainland China and Hong Kong, designed with Chinese collectors and art enthusiasts (rather than just academics and curators) in mind.

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Sold at auction in fall 2009 for $4,925,373, well over its $1,896,000 high estimate: Zao Wou-Ki's "17.4.64" (1964)

New Chinese Collectors To Play Larger Role in 2010 Auctions

Though mainland Chinese collectors obviously reign supreme at auctions held by domestic auction houses like Guardian and Poly, this fall, as traditionally dominant American and European collectors held back, mainland Chinese collectors were out in force and ready to buy at overseas auctions as well.

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Since good works by historical artists like Yue Minjun are becoming more scarce, Chinese collectors are expected to continue to flex their muscles in upcoming auctions of Chinese contemporary art

Rise Of New Chinese Collector Continues As Chinese Antiquities Remain “Recession Proof”

Astronomical Prices Paid For Historical And Quality Pieces In Recent Asian Auctions Defies Global Economic Woes As More Chinese Collectors Get In The Game Hardly any industry has escaped the global economic slowdown unscathed, and art is no exception, but recent auction results indicate that the art market — or at least pockets of the […]

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Since good works by historical artists like Yue Minjun are becoming more scarce, Chinese collectors are expected to continue to flex their muscles in upcoming auctions of Chinese contemporary art

Rise Of New Chinese Collector Continues As Chinese Antiquities Remain “Recession Proof”

Hardly any industry has escaped the global economic slowdown unscathed, and art is no exception, but recent auction results indicate that the art market -- or at least pockets of the art market -- are coming back to life.

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