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a tale of four cities 2534038

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

How a Louise Bourgeois Print Inspired Eden Xu-Martinez’s Intimate Collection

Eden Xu-Martinez, a collector and art administration professional, has built a personal collection centered on the accessibility and intimacy of prints. Her journey into collecting was catalyzed by a lithography course at Columbia University and a profound encounter with a Louise Bourgeois print, which shifted her perspective on the medium from mere reproduction to a deeply personal form of artistic expression.

Is Hong Kong Back? The GRAND PRIX de Basel 2026

Hong Kong’s art scene experienced a massive surge of activity in March 2026, anchored by Art Basel Hong Kong and Art Central. The city hosted 240 galleries at the main fair, drawing over 91,000 visitors, alongside numerous boutique fairs, auction previews, and major institutional exhibitions. Highlights included a reassembled 1964 Yayoi Kusama installation at Art Intelligence Global, a lecture by Zhang Xiaogang at Asia Art Archive, and a poignant solo show by artist duo Chow and Lin at SC Gallery.

art basel hong kong 2026 fair highlights 1234773283

Art Basel Hong Kong 2026 will feature 240 galleries and an expanded program, including the Asia debut of the digital-focused Zero 10 section and a reimagined Encounters section. The Encounters section, curated by a team led by Mami Kataoka, will feature 12 large-scale works based on the Five Elements theme, with pieces by artists like Suki Seokyeong Kang and Parag Tandel. The Film section is under new curation by Ellen Pau, and the fair coincides with major exhibitions at institutions like M+.

michael werner to open second gallery in new york us government finally invites artist proposals for venice biennale sothebys to sell bhudda jewels morning links for may 5 2025 1234740589

The US State Department has finally posted a grant for artists to submit proposals for the 2026 Venice Biennale pavilion, after an unusual delay that sparked speculation the Trump administration might skip the event. The posting includes new "MAGA-fied criteria" that remove previous language about diversity and equity, instead requiring compliance with Federal anti-discrimination laws and prohibiting programs promoting Diversity, Equity, and Inclusion. Meanwhile, the National Endowment for the Arts canceled grants and the Trump administration proposed eliminating the agency entirely. Other news includes a trove of Buddha relics heading to auction at Sotheby's Hong Kong, Michael Werner opening a second New York gallery, and the Art Institute of Chicago's president taking leave amid an investigation.

Seoul Gets an Intriguing New Art Fair—Plus, a Rundown of the Latest in Asia’s Art World

The Asian art landscape is undergoing significant shifts, headlined by the launch of Hive Art Fair in Seoul, which introduces a fee-free booth model focused on B2B corporate collaborations. Major institutional moves include the appointment of Melissa Chiu as the new director of the Guggenheim Museum and the opening of the Black Gold Museum in Riyadh. Meanwhile, the Hong Kong Museum of History has reopened with a controversial thematic revamp that emphasizes Chinese heritage over colonial history.

nicolas partys new miniature paintings are a hit will they reset his struggling auction market 2737867

Nicolas Party's exhibition "Dead Fish" at Karma gallery in Chelsea, New York, features approximately 40 postcard-sized oil-on-copper works and a mural of three dead fish, a departure from his usual large-scale pastel paintings. Only 10 of the works were for sale, priced between $165,000 and $205,000, and all sold quickly. The show includes replicas of his earlier compositions, described as a "retrospective in miniature," with many pieces drawn from his archive and not available for purchase.

philip tinari ucca tai kwun asian art industry news 2737679

This edition of State of Play, part of Artnet Pro's The Asia Pivot newsletter, reports on multiple developments across Asia's art scene. Highlights include the launch of Art Fairs Pavilion Taipei, a new alternative art fair co-founded by Hong Kong dealers Willem Molesworth and Ysabelle Cheung, with 13 galleries for its inaugural edition. Galleries Antenna Space and Kwai Fung Hin Art Gallery are expanding into Hong Kong and Singapore respectively, while veteran Beijing gallery Long March Space has closed its physical venue. The Taipei Fine Arts Museum announced Taiwan's collateral exhibition at the Venice Biennale, and the Hong Kong Museum of Art named artists for its collateral show. The Asia Society Museum in New York will open a 70th-anniversary exhibition, and the H+ Museum in Suzhou, designed by Tadao Ando, officially opened with two inaugural shows.

hong kong fire bamboo culture 2723917

A deadly fire in Hong Kong's Tai Po district, which killed at least 159 people and left 31 missing, has sparked an online battle over the role of bamboo scaffolding in the blaze. Photographer Elaine Li and other artists, architects, and cultural historians are defending the centuries-old craft against early news reports that implicated it, fearing it may be unfairly blamed and regulated out of existence. Officials have ordered all scaffolding mesh removed and arrested 21 people on suspicion of manslaughter, but the conversation has grown into a broader fight to protect a cultural symbol of Hong Kong's identity.

art busan 2025 2653879

Art Busan wrapped its 14th edition on a high note, with over 100 galleries participating and a special exhibition titled “CONNECT” curated by Wonseok Koh under the theme Territories and Boundaries. The fair, part of Busan Art Week, saw strong engagement from international galleries such as Société (Berlin) and Canada (New York), with directors noting maturing visitors and serious local collectors. A new partnership with Tokyo Gendai will bring 10 Korean galleries to Japan this September, and the fair debuted a Future Art Award for emerging galleries.

5 artists gallery weekend beijing 2025 2650974

Gallery Weekend Beijing (GWBJ) returned for its ninth edition from May 22 to June 1, 2025, adopting a new invitation-only model that emphasizes curatorial integrity. The event expanded beyond the 798 Art District into neighboring areas including 751 district, Caochangdi, and the Beijing Free Trade Zone Art District. A committee of five gallerists selected participants, aligning with an inaugural 'Beijing Art Season' that also includes Beijing Dangdai and Art021 Beijing. The article spotlights five emerging local artists: Cheng Xinyi, Liao Wen, Guo Cheng, and others, highlighting their exhibitions and market traction.

state of play april 23 guy ullens death 2635815

Belgian billionaire Guy Ullens, a key figure in promoting Chinese contemporary art, died at age 90. His death was announced by the Ullens Center for Contemporary Art (UCCA) in Beijing, which he founded in 2007 as one of China's first privately run contemporary art centers. The article also covers Art Basel Hong Kong, Art Dubai's digital art sales, Gallery Weekend Beijing's new invitation-only system, Bluerider Art's expansion to Los Angeles, the appointment of Ho Tzu Nyen as artistic director of the 16th Gwangju Biennale, the Turner Prize 2025 shortlist, the opening of New Taipei City Art Museum, and Saudi Arabia's new typefaces.

hisachika takahashi rauschenberg assistant artist dead 1234748942

Hisachika Takahashi, an artist who worked as an assistant to Robert Rauschenberg and earlier to Lucio Fontana, has died at age 85. His death was announced by Misako & Rosen, a Tokyo gallery collaborating with Hong Kong's Empty Gallery on a current exhibition of his work. Takahashi remained relatively obscure for decades despite close ties to major figures like Jasper Johns, Brice Marden, and Gordon Matta-Clark, whom he enlisted for his project "From Memory Draw a Map of the United States." He also introduced sushi and sashimi to the menu at Food, the famed artist-run restaurant in New York. In recent years, his work gained renewed attention through efforts by artist Yuki Okumura, leading to exhibitions at WIELS Centre for Contemporary Art in Brussels and Fondazione Prada in Milan.

yoshitomo nara haze days christies london 2025 1234754286

Christie’s will offer Yoshitomo Nara’s painting "Haze Days" (1998) at its 20th/21st century evening sale in London on October 15, with an estimate of £6.5 million–£8.5 million ($8.7 million–$11.4 million). The large-scale work comes to auction shortly after Nara’s retrospective at London’s Hayward Gallery, his first UK institutional solo show. The painting was previously consigned to Sotheby’s in 2023 with an $18 million estimate but was withdrawn before sale.

frieze seoul asian galleries asia pivot 2652323

Frieze Seoul returns for its fourth edition at Coex from September 3 to 6 with 120 galleries, maintaining last year's scale. Asian galleries now represent 64 percent of exhibitors, up from 48 percent, signaling a stronger regional identity. Notable non-returning galleries include Blum, Karma, and Neugerriemschneider. Meanwhile, Kiaf Seoul will run concurrently with 176 exhibitors, and Art021 Group suspended its 2025 Hong Kong show after a single edition. Gallery Weekend Beijing concluded its ninth edition with a new invitation-only model, and several Asian-rooted artists are featured in London Gallery Weekend. New institutions opened, including the Photography Seoul Museum of Art and the Naoshima New Museum of Art, while the inaugural Bukhara Biennial program was announced.

Editors’ Picks: Six Solo Gallery Shows to See in Hong Kong, March 2026

Six solo gallery exhibitions are opening in Hong Kong in March 2026, featuring a diverse range of established and influential artists. The shows include Jaffa Lam's multi-media works at Axel Vervoordt, a tribute to the late Dinh Q. Lê at 10 Chancery Lane, new metal tapestries by El Anatsui at White Cube, the first Hong Kong solo show for collective Slavs and Tatars at Rossi & Rossi, and the debut Hong Kong presentation of Chow and Lin's "The Poverty Line" project at SC Gallery.

lauren quin joins pace gallery 1234748985

Los Angeles-based painter Lauren Quin has joined Pace Gallery, following the closure of her previous gallery Blum & Poe earlier this summer. Her first exhibition at Pace's Los Angeles space is scheduled for 2026, and her work will also appear in the gallery's booth at Frieze Seoul next month. Quin, known for densely layered abstractions, has been on a rapid ascent since earning her MFA from the Yale School of Art in 2019, with her paintings held by major institutions including the Museum of Contemporary Art in Los Angeles, the Walker Art Center, and the Hirshhorn Museum. Pace founder Arne Glimcher, a longtime supporter, gave Quin a solo show at Pace-affiliated 125 Newbury in 2024, which she credits as a turning point in her practice.

Which City Will Be the Next Asian Art Hub? That’s the Wrong Question

The traditional quest to identify a single dominant Asian art hub is being challenged by the organic growth of decentralized scenes in cities like Bangkok and Hanoi. While Hong Kong and Seoul remain established centers, private initiatives and artist-led projects in Thailand and Vietnam are building resilient, hybrid ecosystems that prioritize long-term structural depth over immediate auction results. From the opening of Dib Bangkok to experimental exhibitions in Hanoi, these cities are transitioning from peripheral status to significant cultural players through a mix of private museums, biennials, and non-profit platforms.

Art Fair Report: Stress Test

Art Basel Hong Kong 2026 drew 91,500 visitors and featured 240 galleries at the Convention and Exhibition Centre, alongside over 100 galleries at Art Central, three new boutique fairs, four new art spaces, multiple auction previews, and dozens of institutional shows and gallery openings. Despite a challenging 2025 that saw mega-galleries Pace and Perrotin close their Hong Kong spaces and auction results hit an eight-year low, blue-chip galleries reported strong sales, including David Zwirner’s USD 3.8 million sale of Liu Ye’s "Snow White" (2006) and Hauser & Wirth’s USD 2.95 million sale of a Louise Bourgeois work. The prevailing sentiment among collectors and gallerists was cautious optimism, with the phrase "Are you surviving?" overheard frequently.

ppow owen fu nicola vassell na kim industry moves 1234755010

P.P.O.W. gallery has taken on representation of artist Owen Fu, while Nicola Vassell Gallery now represents Na Kim, known for her book covers and paintings. Jessie Washburne-Harris has been named Global Director at White Cube, overseeing the gallery's U.S. growth. Chris Sharp Gallery added Mark A. Rodriguez to its roster, and Berry Campbell took on the estate of Louisa Chase. Mexico City dealers Misa Yamaoka and Yuna Cabon launched an artist residency program at Third Born gallery. The article also reports that combined evening sales at Christie's, Phillips, and Sotheby's in Hong Kong totaled $136 million, a significant drop from $208.6 million last fall, and highlights the rising market interest in 17th-century artist Michaelina Wautier.

who was ching ho cheng 1234744132

Ching Ho Cheng (1946–89), a Chinese-American artist who described himself as working "with paper, instead of on it," is the subject of a revival of interest, including a current solo show at Bank gallery's New York outpost featuring his airbrushed gouache works from the mid-to-late 1970s. Cheng, who lived and worked in Suite 903 of New York's Chelsea Hotel, created spiritual, experimental works ranging from psychedelic paintings to torn-paper pieces and monumental oxidized sculptures, before his career was cut short by AIDS-related complications. His papers at the Smithsonian Archives of American Art were digitized in 2024, and his work will be included in a group show at the Whitney Museum of American Art and a major institutional retrospective at the Addison Gallery of American Art in 2027.

At Home at Hong Kong Art Week

During Hong Kong Art Week, beyond the dominant Art Basel Hong Kong fair, a series of intimate interventions and installations across the city explore the boundaries between art, design, and everyday life. One notable event is a 'Listening Session' organized by Guangzhou's Vitamin Creative Space in a private home in the New Territories, where Lebanese artist-composer Tarek Atoui debuted two new 'instruments' that transform the living room itself into an interactive sound sculpture. The gathering of about 30 people, mostly in town for art week, blurred the lines between performance, installation, and domestic space.

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The article provides a comprehensive guide to essential acronyms used in the art world, explaining what each abbreviation stands for and its significance. It covers organizations like AAM (American Alliance of Museums), AAMD (Association of Art Museum Directors), and ADAA (Art Dealers Association of America), as well as art fairs such as ABMB (Art Basel Miami Beach) and ARCO (Arte Contemporáneo in Madrid). It also includes advisories like AIG (Art Intelligence Global), historical galleries like AIR (Artists in Residence), and defunct fairs like FIAC (Foire Internationale d'Art Contemporain), offering context on their origins and current relevance.

shanghai art021 west bund art recap 1234762135

Shanghai's West Bund Art & Design fair and Art021 opened last week with unexpectedly strong sales, despite economic headwinds and regional competition. Many galleries reported brisk first-day sales, with Thaddaeus Ropac placing five works including a Martha Jungwirth painting for €500,000, and Hauser & Worth selling two works for over $1 million. However, major blue-chip galleries like Gagosian and Pace opted out entirely, while others like Almine Rech, White Cube, and David Zwirner scaled back their participation. The fairs took place against a backdrop of China's ongoing property slump and the overlapping Art Collaboration Kyoto, which siphoned attention from international collectors.

richter christies london hong kong 2743591

Christie's will offer three major paintings by Gerhard Richter in its March evening sales in London and Hong Kong. The London sale on March 5 features the 1984 photo-painting 'Schober (Haybarn)', estimated at £6 million, and a 1991 'Abstraktes Bild' abstract work, estimated at £4.5-6.5 million. The Hong Kong sale on March 27 will offer a larger 1991 'Abstraktes Bild', estimated at HK$78-98 million ($10-13 million), coinciding with Art Basel Hong Kong.

andisheh avini gagosian 2743119

Andisheh Avini, a senior director at Gagosian who has been with the gallery for over 25 years, discusses his career trajectory and the gallery's evolution in an interview timed to the inaugural edition of Art Basel Qatar. Avini, who is also an artist, recounts key moments such as the post-9/11 global market expansion that led Gagosian to open spaces in Europe and Hong Kong, and his work with artists including Cy Twombly, Adam McEwen, Piero Golia, and Maurizio Cattelan. He also shares insights into the gallery's approach to art fairs, emphasizing tailored presentations based on location and audience.

the asia pivot recap 2025 2726775

Artnet News's 'The Asia Pivot' reflects on its 2025 coverage, highlighting the expansion of Asia's art scene beyond traditional East Asian markets into emerging regions such as the Gulf, South Asia, and Central Asia. Key developments include the debut of the Bukhara Biennial in Uzbekistan, the opening of the Almaty Museum of Arts in Kazakhstan, and the flourishing art scene in Thailand with new private museums like Dib Bangkok. The report also covers major markets like China, Japan, and South Korea, noting the impact of geopolitical dynamics and market shifts.

the art market has lost its grip on price 2653663

Former Sotheby's rainmaker Brooke Lampley, now a director at Gagosian, discusses the art market's loss of control over pricing, citing a failed $70 million Alberto Giacometti bust at auction as a symptom of deeper market confidence issues. The article traces the evolution of art pricing from opaque, dealer-driven norms to a data-rich system enabled by Artnet's Price Database in 1989, which fueled a price spiral and attracted speculators. Now, in 2025, the market faces a correction with auction sales down 27.3 percent to $10.2 billion, and buyers are pausing as traditional pricing signals become scrambled.

rauschenberg centenary shows 2571710

The Robert Rauschenberg Foundation is launching a global centenary celebration for the artist's 100th birthday, spanning 2025–2026. The program includes major exhibitions at seven institutions across five countries, such as "Five Friends" at Museum Brandhorst in Munich and Museum Ludwig in Cologne, photography shows at the Museum of the City of New York and Fundación Juan March in Madrid, and an exhibition at M+ in Hong Kong focusing on Rauschenberg's ROCI program. The foundation is also initiating grant-making initiatives to highlight Rauschenberg's legacy in art, technology, environmentalism, and social justice.

maurizio cattelan comedian banana eaten pompidou metz 2669084

A museum-goer ate Maurizio Cattelan's "The Comedian" (2019)—a banana duct-taped to a wall—on display at the Pompidou-Metz in France. The museum quickly replaced the fruit, noting it is regularly changed per the artist's instructions. Cattelan joked the eater should have consumed the tape and skin as well.