Sotheby’s Chinese fine-painting sale earned HK$738.3m, the highest for that category.
The presale estimate was HK$200m.
A Bloomberg report said, “Yesterday’s top-selling lot was Zhang’s 1961 color picture ‘Self Portrait in the Yellow Mountains.’ The ink-and-water work fetched HK$46.6m, nearly four times its high estimate of HK$12m.”
The bidding lasted for almost 12 hours and involved 364 lots.
View the report here.
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