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Hong Kong Auction Brings in HK$510m
2013-10-07

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China Guardian, one of China’s oldest auction houses, brought in HK$510 million ($65.8 million) from its fall sales in Hong Kong, Oct 5-6.

 “With three major sales in Hong Kong, China Guardian has gradually increased its contents available there, and defined direction for its international strategy,” said Hu Yanyan, Hong Kong president of China Guardian. “China Guardian will remain committed to sustained development in Hong Kong, and will set up a multi-use platform for global collectors.”

Grand View: A Night in Hong Kong

The evening sale, Grand View: A Night in Hong Kong, brought together 17 items, including Chinese paintings and calligraphy, oil paintings, porcelain, furniture and artworks, which brought HK$140 million.

The top lots included Calligraphy in Regular Script by Song Lizong (1205-1264), which sold for a handsome HK$42.5 million, and Characters of Chinese Mythology from the Qing Dynasty, which fetched HK$33.4 million.

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Calligraphy in Regular Script by Song Lizong (1205-1264)

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Characters of Chinese Mythology

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An imperial “Zi Qiang Bu Xi” jasper seal from the Qing Dynasty

Another highlight was an imperial “Zi Qiang Bu Xi” jasper seal from the Qing Dynasty (HK$17.3 million); a zitan luohan bed with three screen railings and inset panels from the Qing Dynasty (HK$4.8 million); and a rare bronze ritual wine vessel, fangyi (HK$ 3.45 million).

20th Century and contemporary Chinese art

The oil paintings sale, 20th Century and Contemporary Chinese Art, which was offered on Oct 5, grossed HK$110 million.

The auction results show that oil paintings from the early 20th century are still popular. Fetching the highest bid was 18.10.98 by Zao Wou-ki. It sold for HK$24.2 million, a record price for Zao’s works produced in the 1990s.

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Chu Teh-Chun’s Ombres Bleues

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Wu Da-yu’s Charm of Chinese Opera

Other high-end pieces were Chu Teh-Chun’s Ombres Bleues and Wu Da-yu’s Charm of Chinese Opera, which sold for HK$9.43 million and HK$6.67 million, respectively.

As for contemporary art, Untitled 08.12.19, an oil painting by Zeng Fanzhi once exhibited at the Acquavella Galleries, soared to HK$8.63 million. Another piece, Composition with Bamboo and Grass by Liu Ye, went for HK$8.63 million.

Chinese paintings and calligraphy

The sales brought together about 330 items, with many striking bids.

The top lots included The Song of the Lute Player by Fu Baoshi, which went for HK$24.15 million; The Shadow of An Old Tree by Wu Guanzhong, which sold for HK$6.21 million; and Cottages in Misty Mountains by Zhang Daqian. Produced in Brazil in 1967, the painting fetched HK$3.57 million.

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The Song of the Lute Player by Fu Baoshi

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The Shadow of An Old Tree by Wu Guanzhong

Out of 60 lots in the collection of calligraphy by Tai Jingnong, China Guardian sold them all, with a total gross of just over HK$7.2 million.

Porcelain, furniture and artworks

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An exceptionally rare and large under-glaze red and blue Mount Lu lantern vase

The highlights were an exceptionally rare and large under-glaze red and blue Mount Lu lantern vase, which sold for HK$11.5 million, and a precious and rare agalloch, which fetched HK$18.4 million.

Other striking final bids were for a pair of huanghuali yoke-back armchairs (HK$4.83 million); a huanghuali waisted square table with horse-hoof feet (HK$2.13 million); and a red round lacquer plate with a carving of litchi (HK$3.11 million).

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