Posts Tagged bloomberg
New Art Funds Diversifying As Market Confidence Increases; Increasing Percentage Of Chinese, Asian Artists
Anthea Art Investments AG, unlike some other funds of its sort, will invest in a diverse mix of artists from around the world.
Read Full Story »Analyst: Look For “Pent-Up Demand” To Boost High-End Retail In China (Video)
This week, Jessie Qian, an analyst at Macquarie Securities Ltd., spoke to Bloomberg Television in Hong Kong about her Chinese retail investment strategy for the year ahead.
Read Full Story »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.
Read Full Story »New ArtTactic Survey Shows Confidence In Chinese Contemporary Art Market Is Back
With American and British collectors of Chinese art having trouble competing with their New Chinese Collector counterparts over the last several months, we can expect that China’s share of the art market should continue to grow into 2010.
Read Full Story »Burberry To Double Presence In China By 2012
Although there are signs that the global luxury market is finally getting back on its feet in hard-hit developed markets like Europe and North America, luxury executives apparently still have their eyes set firmly on the emerging world as their long-term insurance policy.
Read Full Story »Record Number Of Mainland Chinese “New Collectors” Flock To UK Auctions
In recent auctions, Chinese buyers have been among the most motivated and competitive, even surprising Hong Kong collectors and art dealers, one of whom remarked last month, ““The Chinese are out in force…It’s hard to outbid them.” This week, a series of auctions of Asian art were held in London, and the Chinese collectors referenced by that Hong Kong collector were certainly “out in force” once again.
Read Full Story »Geely Preferred Bidder For Volvo: What Could This Mean For China’s Auto Ambitions?
One of today’s big news stories is the announcement by Ford that Chinese automaker Geely has emerged as the “preferred bidder” for Volvo, following months of speculation. If Geely indeed does buy Volvo, this sale could have major implications for the Chinese car industry’s global ambitions.
Read Full Story »Chinese Buying Drives Sotheby’s Hong Kong Sale To $170 Million
Over the last week, we’ve followed the Sotheby’s autumn auction in Hong Kong, which included sales of everything from fine wine to antiquities to contemporary Chinese and Asian art, noting that sales were well above estimates and sell-through rates were promising.
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