> Christie's expands Hong Kong footprint in hope of art market 'pickup' / 36GK9PD
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Christie's expands Hong Kong footprint in hope of art market 'pickup' / 36GK9PD
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Description
Auction house Christie's opened its regional headquarters in Hong Kong on Friday as its Asia Pacific chief predicted a sales "pickup" despite a global art market weighed down by wary sellers.
Christie's is the third major auction house in recent years to expand their footprint in the Chinese finance hub in a bid to woo younger Asian buyers, following rivals Phillips and Sotheby's. IMAGES AND SOUNDBITES