Asian art market is booming and Hong Kong Art Fair made it clear once more. One of the biggest art events in Asia, bringing together 266 galleries from 38 countries around the world had something for everyone.
Those, looking for famous names could find works of XX century artists such as Matisse, Morandi, Giacometti, Baselitz, Bacon or Warhol as well as the most famous contemporary artists as Luc Tuymans, Bill Viola, Marlene Dumas, Anish Kapoor, Damien Hirst or Richard Long, and that’s just to name a few. Others, interested in lesser known established artists could find their way through smaller galleries.
Art HK was an international art fair with no doubts, housing most famous galleries from different continents. However, Asian art was still the most dominant which provided visitors with a great chance to get to know it better. That does not happen much in Western art fairs or exhibitions.
Painting, drawing and photography was the most popular mediums as usual, but there was a lot of large scale sculptures, mixed media installations and video art. However, those did not have much luck in sales and would have looked much better without a number of other unrelated works around.
Sotheby’s, White Cube and Gagosian are already in Hong Kong. Other influential Western galleries are opening their branches and the city is becoming one of the most important art hubs in the world. One could see it very clearly in Art HK which was full of rich and famous signing contracts for artworks worth millions of dollars. Major sales, however, was made to Asian collectors which indicates a huge growth of economic wealth in the area. Moreover, due to the success and increasing importance of the event, next year Art HK will be replaced by the first Hong Kong edition of Art Basel. Yes, it’s definitely time for Asia.
Barry X Ball
Sun Yuan & Peng Yu
Kang — Hoon