At Art Basel Hong Kong, Blue-Chips Report Flurry of 7-Figure Deals, While Others Lament ‘Slower Than Usual’ Sales

Major galleries reported significant seven-figure sales on the opening day of Art Basel Hong Kong. Hauser & Wirth sold works by Louise Bourgeois and George Condo for millions, while David Zwirner sold paintings by Liu Ye and Marlene Dumas for $3.8 million each. Pace Gallery's CEO noted a renewed energy, and other blue-chip dealers like White Cube and Lehman Maupin also reported high-value transactions, particularly with Asian collectors and institutions.

Hong Kong Marquee Art Sales Total $164.9 M., Up 18 Percent From Equivalent 2025 Auctions

Christie's, Phillips, and Sotheby's spring marquee auctions in Hong Kong generated a combined $164.9 million, an 18% increase from the equivalent sales in spring 2025. The auctions, strategically timed to coincide with Art Basel Hong Kong, saw strong demand for trophy works, with Christie's leading the season at $83.8 million. Key sales included a Gerhard Richter painting for $11.77 million and a Sanyu work for $8.17 million, while Sotheby's sold a Joan Mitchell painting for $17.6 million, the season's top lot.

The Nearly Sixty-Year Career of Legendary Gallerist Enzo Cannaviello: A Wide-Ranging Interview

I quasi sessant’anni di carriera del leggendario gallerista Enzo Cannaviello. Intervista a tutto campo

Legendary Italian gallerist Enzo Cannaviello reflects on a career spanning nearly sixty years, marked by the opening of his ninth gallery space in Milan. The interview traces his journey from founding his first space in Caserta in 1968 to his influential years in Rome and his ultimate establishment in Milan, which he considers the only true art market in Italy. Cannaviello discusses his unwavering commitment to painting, his pivotal role in promoting the German Neo-Expressionists (Neue Wilde), and the current exhibition dedicated to Mimmo Rotella.

Joan Mitchell becomes most expensive female artist at auction in Asia with US$17.6m Sotheby's sale

Joan Mitchell’s diptych "La Grande Vallée VII" sold for HK$137 million (US$17.6 million) at Sotheby’s Hong Kong, setting a new record for the most expensive work by a female artist ever sold at auction in Asia. The 1983 masterpiece, part of a celebrated 21-painting cycle dedicated to a grieving friend, led a successful Modern and Contemporary Evening Auction that saw a 100% sell-through rate for its 54 lots. Other notable results included a Mark Rothko canvas that more than doubled its low estimate and significant sales for works by Sanyu and Zao Wou-Ki.

$4 Million Picasso painting leads sales at Art Basel Hong Kong 2026.

A 1964 painting by Pablo Picasso, 'Le peintre et son modèle,' sold for approximately $4.05 million at the VIP preview of Art Basel Hong Kong 2026. The sale, conducted by gallery BASTIAN, led a wave of early transactions across various price points and media as the fair opened its 13th edition.

These Artists Dominated Auction Sales in 2025

The article presents a data-driven analysis of the top-performing artists at auction in 2025, highlighting specific works and their record-breaking sales. J.M.W. Turner re-entered the top ranks with a $11.9 million sale, while Jean-Michel Basquiat dominated the contemporary category with a $48.3 million result for his painting 'Crowns (Peso Neto)'. Other notable sales included works by René Magritte, David Hockney, and the ultra-contemporary artist Matthew Wong.

Art trade stays buoyant amid global turmoil

Major London auction houses Sotheby's and Christie's posted strong results in early March, with their Modern and contemporary art evening sales raising £131m and £197m respectively. These figures represented significant increases over the previous year, with high sell-through rates, despite concurrent geopolitical turmoil in the Middle East. Key lots included Francis Bacon's 'Self Portrait' selling for £16m and Henry Moore's 'King and Queen' achieving a record £26.3m.

New in Town: Four Spaces Debuting in Hong Kong, March 2026

Four new art spaces have opened in Hong Kong in March 2026, expanding the city's gallery landscape. Antenna Space, a Shanghai gallery, debuts in Wong Chuk Hang with the group show "Horizons: South." GOLD, a cultural lab by Serakai Studio, opens nearby with "CERTAINLY." In Mid-Levels, the Cheng-Lan Foundation launches Cheng-Lan's Corner with a solo show by Filipino artist Cian Dayrit. In Central, curator Jims Lam inaugurates the curatorial platform Knotting Space at H Queen's with its first cycle, "KNOT I."

Gold, A New Art Space in Hong Kong, Opens

A new multidisciplinary art space named Gold has opened in Hong Kong. It aims to host exhibitions and events spanning art, design, and fashion.

Introducing the Intelligence Report: The Year Ahead 2026

The art auction market showed signs of recovery in 2025, with total sales increasing for the first time since 2021, driven by a strong late-season surge in New York. The U.K. market grew by 11.3%, aided by major sales like the $136 million dispersal of Pauline Karpidas's Surrealist collection, while the ultra-contemporary sector declined for a fourth year as investment flowed to established Impressionist and Modern works.

'A celebration of creativity' - Inclusive art exhibition open in East Renfrewshire

Eastwood Park Theatre and Gallery has launched the 'Spring Art Collection,' an exhibition featuring works by individuals with learning disabilities, autism, and additional support needs. Curated by charity Cosgrove Care and led by artist Susan Kennedy, the showcase debuted on World Autism Awareness Day with a ceremony headed by East Renfrewshire Provost Mary Montague. The collection, themed around the awakening of landscapes after winter, highlights the creative output of participants from weekly art groups based in Mearns Kirk Halls.

Ex-Sotheby’s CEO Tad Smith Banks on NFTs, Agrees to Buy Collectibles Platform Candy Digital

Tad Smith, former CEO of Sotheby's and current chairman of the NFT project Doodles, has agreed to acquire most of the assets of the digital collectibles platform Candy Digital. Upon the deal's expected closure in the coming weeks, Smith will also assume the role of CEO, signaling a significant personal and financial bet on the future of the sector.

Duke Ellington School of the Arts Hosts Underclassman Visual Arts Exhibit

The Duke Ellington School of the Arts in Washington, D.C., has opened a new exhibition showcasing the work of its underclassman visual arts students. The event highlights the creative output of younger students within the prestigious arts-focused public high school.

Local students participate in NAA Art Show

Elementary, middle, and high school students from the Carson City School District participated in the annual Nevada Artists Association (NAA) Art Show, displaying their artwork at the NAA Gallery. The event featured a wide range of student-created pieces, celebrating the artistic talents of young people within the community.