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Growing, growing and far from gone

The rise and rise of Hong Kong's stature as a key player in the international auction scene, all through the most challenging months of the pandemic, augurs well for the city's future as a pre-eminent, world-class arts hub. Joyce Yip reports.

By Joyce Yip | HK EDITION | Updated: 2021-09-17 13:39
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High-value art is interspersed with luxury items like watches from the houses of Rolex and Patek Philippe in Phillips Asia's online auction, "Intersect". [PHOTO PROVIDED TO CHINA DAILY]

"We've seen for a long time in Asia the emergence of new collectors, with new museums opening especially on the Chinese mainland. Collecting has become a more widely adopted hobby and passion for wealthy individuals," Belin said. "But it's not magic. It's not like you put something in Asia and it's going to fly. You'll be amazed at the knowledge and the savvy Asian collectors have on these artists, even the ones that haven't been here before."

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