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Hong Kong autumn 2025 art auctions see the lowest turnover in 8 years

The art market downturn continued to play out at Christie’s, Phillips and Sotheby’s regional headquarters in Hong Kong this past weekend, with the turnover from back-to-back art auctions loitering at an eight-year low. But a handful of records and some last-minute withdrawals – which improved the success ratio of the sales – helped inject long-missing vigour into the sales room during the seasonal marquee modern and contemporary art evening sales, which saw around 100 high-value artworks go...


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