Sotheby's - Modern & Contemporary Evening Auction
April 5th, 2024 - Hong Kong

Executive Summary
The Sotheby's Modern & Contemporary Evening Auction in Hong Kong presented an extraordinary display of diversity and depth, featuring works from seminal figures of modern art to titans of contemporary artistry. The auction achieved a high sell-through rate with significant total sales, highlighting the robust demand and the strong market confidence in high-quality artworks. Major sales were led by artists like Yoshitomo Nara, Yayoi Kusama, and Claude Monet, whose pieces captivated collectors and fetched impressive hammer prices. The auction also saw some lots, such as by Chu Teh-Chun, not meeting their reserve, illustrating the selective nature of the market.