Sotheby’s Hong Kong to hold Contemporary Asian Art Spring Sale 2012 on 2 April

Hong Kong Public Exhibition: 31 March – 2 April | Auction: 2 April

Sotheby’s Hong Kong will hold its Contemporary Asian Art Spring Sale 2011 on 2 April at the Hong Kong Convention and Exhibition Centre, presenting a meticulously selected group of contemporary Chinese artworks of great historical importance, among them Bloodline – Big Family: Family No. 2 (pictured right - est. HK$25 – 35 million / US$3.2 – 4.5 million), the earliest work from Zhang Xiaogang’s Bloodline series ever offered at auction. Also highlighted are two important early works of Cynical Realism, namely 1993 No. 4 by Fang Lijun and A Good Dog by Liu Wei, which are expected to stir intense bidding. This season Sotheby’s is delighted to introduce a special section dedicated to Without-ism, presenting to collectors contemporary Chinese art from a fresh perspective. Offering 152 lots, the sale is estimated to achieve a total in excess of HK$158 million / US$20 million.

Evelyn Lin, Sotheby’s Head of Contemporary Asian Art, said, “The past century has seen a true flourishing in art in Southeast Asia, Greater China and beyond. 2011 has been a notable year for Sotheby’s sale of contemporary Asian art. Apart from the active participation of collectors across Asia, we attracted strong bids from all over the world, which is solid proof of the market’s recognition of our direction and effort. The confidence of our collectors has enabled us to gather museum-quality and historically important contemporary works, especially contemporary Chinese paintings. Continuing our fine tradition of scrupulous planning, meticulous categorisation and centralised selling, we proudly present the historically significant and immensely valuable early works, Bloodline – Big Family: Family No. 2 by Zhang Xiaogang (1993) as well as 1993 No. 4 by Fang Lijun, the first-ever piece that the artist exhibited abroad. In addition, we are delighted to introduce a special section devoted to recent works by emerging faces in contemporary Chinese art, bringing new artists and their works to our collectors and continuing to expand the market.”