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Ravenel Art will hold first Hong Kong auction of Modern and Contemporary Asian Art

11-07-2008 02:05 PM CET | Arts & Culture

Press release from: Ravenel Art

Ravenel Art Group is pleased to announce it’s first Hong Kong auction of Contemporary and Modern Asian Art on Monday December 1, 2008.

The Hong Kong art market has now become the third most important in the world after New York, and London and is attracting many regional auction houses whose sales there have become a major focus for both local and international collectors.

Ravenel Art, the leading art auction house in Taipei, will offer key works by leading artists in a number of categories in its Hong Kong Auction. In Modern Chinese Art which includes works by both Chinese and overseas Chinese artists, paintings by Sanyu, Zao Wou-ki and Chu Teh-chun will be offered. In the Chinese Contemporary section important works by Zhang Xiaogang, Zeng Fanzhi, Wang Guangyi, Yue Minjun and Yang Pei Ming will come under the hammer.

Ravenel Art will also include works by Korean, Japanese, S. E. Asian and Indian artists. Kim Tschang-yeul and Park Seo-Bo, two of the most important Korean artists will be represented. Paintings by Japanese artists Hino Korehiko and Hiroyuki Matsuura are sure to attract much attention. The S. E. Asian section will include works by Augus Suwage and Budi Kustarto, two of the most sought after artists at the moment. A work by Justin Ponmany, one of the leading Indian contemporary artists will also be on offer.

The market for Modern and Contemporary Chinese art has been extremely strong over the past decade especially in Taiwan and Hong Kong. New interest has recently arisen in Korean, Japanese, S. E. Asian and Indian contemporary art especially with regional and international collectors who are interested in investing in art.

The auction will be held in the Four Seasons Hotel Ballroom, 8 Finance Street, Central, Hong Kong on Monday December 1. Previews will be held from 28 to 30 November in the Grand Hyatt Salon, 1 Harbour Road, Wanchai, Hong Kong.

Ravenel Art was founded in 1999 and is the largest and most successful art house in Taiwan. It holds two annual Spring and Autumn auctions in Taipei and will hold Spring and Autumn auctions in Hong Kong. It specializes in Modern and Contemporary Chinese Art, Korean, Japanese, S. E. Asian and Indian Contemporary Art. It also arranges private sales of Modern and Contemporary Western Art. The company has offices in Taipei, Hong Kong and Beijing.

Ravenel Art
15F-2, No 76, Section 2, Tun-Hwa South Road, Taipei 106, Taiwan
http://en.ravenelart.com
+886 2 2708 9868
David Kearney
david_kearney@ravenelart.com

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