Cash-Strapped Hong Kong Arts Hub Saved—Plus a Rundown of the Latest in Asia’s Art World
Hong Kong's financially struggling West Kowloon Cultural District, a major arts hub, has been rescued from its cash crisis. This development was part of a broader Asia art world update that also included leadership changes at Japan's Art Collaboration Kyoto and the announcement of a new art fair in Shenzhen.
Sotheby's Asia faces another leadership shake-up as Elaine Holt departs her role as chairman of modern and contemporary art in Asia after just one year. Jasmine Prasetio, Sotheby's managing director for Southeast Asia, will relocate to Hong Kong to serve as interim chair. Meanwhile, European galleries Meyer Riegger and Galerie Jocelyn Wolff are partnering to open a new space in Seoul called Meyer Riegger Wolff, led by Gala Musi, with an inaugural show during Frieze Seoul. Design Miami will make its Asian debut in Seoul, and London-based artist Firenze Lai has joined White Cube's roster. In Taiwan, the Taichung Green Museumbrary, designed by SANAA, is set to open in December, and the Gwangju Biennale Foundation has appointed Youn Bummo as its new president.
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.
The 16th Gwangju Biennale has revealed its theme, 'You must change your life,' a line from Rainer Maria Rilke's poem 'Archaic Torso of Apollo.' Artistic director Ho Tzu Nyen and curators Che Kyongfa, Park Gahee, and Brian Kuan Wood will lead an edition focused on art's transformative power during a time of multiple crises. The exhibition, running from September 5 to November 15, will feature the smallest number of artists in the biennale's history, emphasizing intensity over accumulation and tracking the evolution of individual artistic practices.
Artsy has published a list of 11 must-see museum exhibitions scheduled for 2026, highlighting major retrospectives and biennials. The article opens by reflecting on 2025's trend of amplifying marginalized voices, citing exhibitions like "Paris Noir" at the Centre Pompidou and the Turner Prize win of neurodivergent artist Nnena Kalu. For 2026, the piece notes a shift toward large-scale retrospectives of established figures, including Tracey Emin's "A Second Life" at Tate Modern and "Raphael: Sublime Poetry" at the Metropolitan Museum of Art, alongside major biennials such as the 61st Venice Biennale, the 18th Lyon Biennale, and the 16th Gwangju Biennale.
Singapore artist Ho Tzu Nyen has been named one of six medallists in the established artist category at the inaugural Art Basel Awards, announced on May 16. The 49-year-old shares the honor with artists including Cao Fei and Ibrahim Mahama. The two-round awards process will culminate in December with a shortlist of Gold medallists announced in Miami, and Ho is in line for a potential major commission from Art Basel. He was also recently appointed artistic director of the 16th Gwangju Biennale.
The article previews several major biennials scheduled for 2026, including the 61st Venice Biennale, the 25th Sydney Biennale, and the 16th Gwangju Biennale. The Venice Biennale will proceed posthumously under the vision of curator Koyo Kouoh, who died in May 2025; she was the first African woman appointed to curate the event. The Sydney Biennale, themed "Rememory" and inspired by Toni Morrison, will be directed by Hoor Al Qasimi, while the Gwangju Biennale will be led by Singaporean artist Ho Tzu Nyen, focusing on collective artistic responses to global crises.