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.
Artnet News and Morgan Stanley have collaborated on a report analyzing the art market's recovery after COVID-19, with a focus on Asia's emergence as a powerful engine. Using data from the Artnet Price Database and Artnet Analytics, the report shows that China (including Hong Kong) has become a dominant force, overtaking the U.S. and U.K. in fine-art auction sales. By 2020, China reclaimed the top-selling global fine-art auction market position, and as of mid-2021, it remains neck and neck with the U.S. The report also examines the role of Hong Kong, which has consistently contributed over 40% of China's fine-art sales, driven by its unique economic policies and integration into the global art market.
The Asia-Pacific art scene saw significant activity across multiple sectors. Art SG reported increased attendance and sales, while the SAM Art SG Fund acquired works for the Singapore Art Museum. JD.com announced plans for a major new museum in Shenzhen, and several appointments and award winners were named across the region. Auction houses Bonhams Hong Kong and Sotheby's Singapore posted strong sales results, with the latter setting new artist records.
The Istanbul Foundation for Culture and Arts (ISKV) has announced that Liu Ding and Carol Yinghua Lu will curate the 2027 Istanbul Biennial. Liu Ding is a Beijing-based artist and curator who has participated in numerous international biennials and taught at NABA Milan, while Carol Yinghua Lu is an art historian and director of the Inside-Out Art Museum in Beijing, with a background at OCAT Shenzhen, Museion Bolzano, and Asia Art Archive. The pair, who have collaborated since 2007, most recently served as artistic directors of the 2024 Yokohama Triennale. The 19th edition of the Istanbul Biennial is scheduled for 18 September to 14 November 2027.
The UCCA Center for Contemporary Art in Beijing allegedly withheld staff wages for six months from January to June, according to the South China Morning Post. The institution, founded by the late Belgian collectors Guy and Myriam Ullens in 2007, has faced financial challenges including lower ticket sales, higher international freight costs, stricter rental demands from its landlord in Beijing's 798 Art District, and difficulty collecting payments from international partners. Its Shanghai branch, UCCA Edge, has seen no activity since June after an exhibition co-presented with the Saudi Ministry of Culture. Director Philip Tinari acknowledged a difficult year for museums in China, citing a slower consumer economy, and said the UCCA is working on long-term funding solutions.
This article documents three journeys into and out of Yunnan, China, spanning from 1874 to 2023. It begins with British interpreter Augustus Raymond Margary's failed colonial expedition to establish a trade route, which ended in his violent death and contributed to unequal treaties opening Southwest China. It then follows a Naxi student named Xueshan in 1937, whose railway journey introduced modern timekeeping to the region, and finally describes the construction of the Burma Road, a critical WWII supply route. The narrative concludes with the artist Cheng Xinhao retracing these routes on foot from Kunming toward Burma over a year and a half, reflecting on history, bodily experience, and the layers of infrastructure that have reshaped the landscape.
The article questions the appointment of James Taylor-Foster as the incoming director of Para Site in Hong Kong, noting his background as a curator of architecture and design rather than contemporary art, and his lack of prior engagement with Asia's curatorial scene. It also reports that Philip Tinari, former director of UCCA in Beijing, has been appointed to lead Tai Kwun, replacing Pi Li, who has become founding director of the Tencent-funded Róng Museum of Art in Shenzhen.
The He Art Museum (HEM) in Shunde, China, a private institution founded by the family behind appliance giant Midea Group, is shifting its programming strategy. Under director Shao Shu, the museum is moving away from hosting major international exhibitions to focus on amplifying local and regional artists, particularly from the Greater Bay Area, and exploring themes of Lingnan culture.
A delegation of senior UK museum directors, including Tim Reeve of the Victoria and Albert Museum, Doug Gurr of the Natural History Museum, Keith Merrin of North East Museums, Sara Wajid of Birmingham Museums Trust, and Laura Pye of National Museums Liverpool, accompanied Prime Minister Keir Starmer on a three-day diplomatic and trade mission to China. The trip aimed to strengthen bilateral relations, with the museum leaders highlighting existing partnerships and exploring new opportunities for cultural exchange and commercial collaboration in the Chinese market.
Liu Ding und Carol Yinghua Lu kuratieren 19. Istanbul-Biennale
The 19th Istanbul Biennial, scheduled from September 18 to November 14, 2027, will be curated by Chinese artist and curator Liu Ding and art historian and curator Carol Yinghua Lu, as announced by the Istanbul Foundation for Culture and Arts (İKSV). The duo has worked together since 2007, previously co-curating the 8th Yokohama Triennale (2024), the Trans-Southeast Asia Triennial (2021), the Anren Biennale (2017), and the Shenzhen Sculpture Biennale (2012).
Shenzhen, China's major technology hub, is making a concerted push to become a significant player in the art world. The city began 2025 with major announcements from tech giants JD.com and Tencent, which are establishing new art museums in the city, appointing prominent directors Robin Peckham and Pi Li to lead them. This follows years of building cultural infrastructure, including the OCAT museum, the Sea World Culture and Arts Center, and the growth of local art fairs like Art Shenzhen.
Pi Li, former head of art at Hong Kong's Tai Kwun, has been appointed the founding director of the new Róng Museum in Shenzhen. The museum, focusing on 20th and 21st-century global creative practices across visual art, design, performance, architecture, and digital media, is scheduled to open in the second half of 2027 as part of the M80 lifestyle complex.
Artist Ai Jing has launched a major solo exhibition titled "Walking in the Sun" at the Shenzhen Museum of Contemporary Art and Urban Planning. Curated by He Guiyan, the multidisciplinary showcase features music, painting, installation, sculpture, and video, all centered around the conceptual theme of "walking" as a philosophical journey. A centerpiece of the show involves a literal connection to the artist's roots, featuring 150 bags of black soil transported from her hometown of Shenyang to create an immersive installation exploring memory and belonging.
Tech giants JD.com and Tencent are launching new museums in Shenzhen, appointing prominent art figures Robin Peckham and Pi Li to lead them. This move is part of a broader initiative to transform the city, a major tech hub, into a significant player in the global art scene.
You Yang, the director of X Museum, discusses the recent surge in new art museums, particularly those backed by tech companies in China's Greater Bay Area, including Shenzhen and Hong Kong. He attributes this boom to a strategic shift in Shenzhen's cultural policy, the city's established cultural foundations, and the region's historical role in cross-cultural exchange, which has created a demand for contemporary institutions.
Glow Nanshan, a light-art festival in Shenzhen's Nanshan district, has transformed the city's coastline into an outdoor museum of light art through installations, projections, and interactive works. The event, which serves as the heart of the larger Glow Shenzhen festival, coincides with the 45th anniversary of the Shenzhen Special Economic Zone and the 15th Five-Year Plan. Highlights include 'Island of Light' by Even Space, 'Anooki: Les Complices' by French studio Inook, and 'COSMOS' by Heyl & Van Dam Studio, alongside works by SKGPLUS in collaboration with Epson. The festival runs through March 3, 2026.
The Shenzhen Museum of Contemporary Art and Urban Planning is currently hosting "Walking in the Sun — Ai Jing Art Exhibition 2026," a major solo retrospective of the multidisciplinary artist Ai Jing. Curated by He Guiyan, the exhibition features a diverse range of works including painting, sculpture, and a significant installation involving 150 bags of black soil transported from the artist's hometown of Shenyang. The show is structured into three thematic sections that explore the artist's personal history and her philosophical engagement with the concept of "walking" as a metaphor for life's journey.
ArchDaily published a project profile of the OCAT-B10 art museum in Shenzhen, China, designed by Meng Yan of URBANUS. Completed in 2022, the 6,109-square-meter museum is conceived as an "opened white box," featuring a flexible, minimalist gallery space. The project team includes principle architect Meng Yan, project architect Rao Enchen, and numerous collaborators across architecture and landscape design. The client is Shenzhen OCT Properties Co., Ltd.
German architect Ole Scheeren is designing the Róng Museum of Art, a beehive-like cultural complex set to open in 2027 in Shenzhen's Houhai Hybrid Campus. The museum represents his latest major architectural project in China, following his iconic work on Beijing's CCTV headquarters and other landmark structures across Asia.
Sruli Recht's exhibition "LAIR" has opened at the SWCAC museum in Shenzhen, featuring 68 sculptures across 11 installations that took 15 years to create. The works employ unconventional materials such as lava casting, lightning-formed glass, and bee-skin fur, presented as ceremonial artifacts. The immersive experience includes custom musical architecture by Valgeir Sigurðsson, whose score changes with each room, and 14 fragrances developed by perfumer Alex Lee and IFF, made from strange ingredients to set the mood. Visitors receive a small scent object upon leaving.