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Hong Kong’s wealthy and digitalised buyers set global standards

Hong Kong is proving to be a magnet destination for the world’s top auction houses. Christie’s is moving its regional HQ to the new Henderson skyscraper this month, while Sotheby’s, Bonhams and Philips are all establishing themselves in the city.  The reason, it would seem, is that to counteract the global slowdown in art sales, the auction houses are hoping to attract the ultra-high end of the Asian market who they believe are active in Hong Kong.

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