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Hong Kong’s latest art auctions see turnover lingering at 8-year low

✍️ Enid Tsui 📅 October 01, 2025 04:15 PM 🕐 Scraped: October 02, 2025

Summary: Overall auction sales by Sotheby’s, Christie’s and Phillips reflected art market downturn since 2016, despite the sale of Asia’s most expensive Picasso.

The art market downturn continued to play out at Christie’s, Phillips and Sotheby’s regional headquarters in Hong Kong this past weekend, with the turnover from back-to-back art auctions loitering

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📝 Article Information

Author

Enid Tsui

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

October 01, 2025 at 04:15 PM

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