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Chinese billionaires’ attempt to trim art collection ends in a surprise flop at Sotheby’s Hong Kong
Chinese billionaires’ attempt to trim art collection ends in a surprise flop at Sotheby’s Hong Kong

“The Long Journey” sale, named after Liu Yiqian and Wang Wei’s chain of three Long Museums in Shanghai and Chongqing, sold only 28 of the 39 paintings on offer for a total haul of $58m during Sotheby’s annual autumn auction, 24 per cent less than the conservative estimate, excluding fees.

South China Morning Post · 06 Oct, 2023 @ 05:28