Hong Kong auctions spring to life in reboot for global art market

Return of saleroom activity also brings healthy prices despite impact of pandemic

20200709 HK AUCTIONS Christies

A Christie's auctioneer takes bids in Hong Kong on July 8. Major auction houses are reporting robust sales, in spite of the coronavirus outbreak and global economic uncertainty. © Christie's Images Ltd.

DEAN NAPOLITANO, Nikkei Asian Review deputy editor

HONG KONG -- Gavels are falling once again in Hong Kong art rooms this week as auctions resume live public sales for the first time in months, in a further sign of recovery from the coronavirus pandemic.

Still, the major auction houses are proceeding with caution. Sales are following social-distancing guidelines, with seats set further apart than usual. Visitors to the auction rooms will face temperature checks, as at nearly every public venue in the city.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.