Chinese contemporary art stages comeback
ArtTactic's Auction Analysis Reports summarise and analyse recent auctions from the key auction houses for each specific geographical region. By collecting and graphing data including volume of sales, average price and bought in rates, the reports are able to judge the success of auctions by comparing the final results to pre-sales expectations.
This April 2010 Auction Analysis report focuses on Sotheby's Hong Kong's April 2010 Contemporary Asian sales, profiling a powerful return to form for the Chinese art market, recording a 54% higher total volume than the previous sale in Autumn 2009. Top tier artists are experiencing solid results. The report also profiles the increasing importance of a number of Chinese mainland 'super-collectors' who are playing a crucial role in supporting the market.