China Guardian Spring Hong Kong Sales = $37.7m

China Guardian, one of the mainland’s leading auction houses,  HKD 293,054,500 (USD 37,747,367), nearly 50% more than the pre-auction estimate.

Cottages in Misty Mountains by Zhang Daqian (above) sold for HKD 27,025,000/ USD 3,481,300 to a phone bidder after over 20 bids.

overall total achieved HKD 161,644,000/ USD 20,821,240.

The “Hong Kong Ink Painting” sale included a collection of work by 20 Hong Kong artists including Lui Shou-kwan, Liu Kuo-sung, Luis Chan and Kan Tai-keung, which are offered as a dedicated sale for the first time in Hong Kong, achieving total HKD 5.9 million/ USD 761,401.

“Classic Furniture of Ming and Qing Dynasties” and “Chinese Furniture from Hung’s Collection” sales on 5th April present an impressive collection of Huanghuali furniture from the Late Ming and Early Qing Dynasty, the Qianlong Period and the 17th Century, both sessions realized a total of HKD 83,180,650/ USD 10,713,330.

“Chinese Ceramics and Works of Art” sale including a total of 80 pieces of ancient Chinese ceramics and artworks presented, spanning from the Shang Dynasty (17BC – 11BC) to Modern China. Total of HKD 42,320,000/ USD 5,451,396.