Art Basel’s new Hong Kong art fair debuted with a more Zen attitude than the Miami Beach crush, but with plenty of attention from collectors including Russian oligarch Roman Abramovich and Indonesian-Chinese tycoon Budi Tek.
More than 250 of the globe’s top galleries brought works by blue-chip names including Jean-Michel Basquiet, Jean Miro and Yayoi Kusama, and emerging artists such as Marcus Coates and Chim Pom.
The inaugural Art Basel Hong Kong follows the purchase of a previous fair, Art HK, by MCH, the Swiss company that owns both Art Basel and Art Basel Miami Beach. The extraorindary success of the Miami fair, coming into its 12th year, have left the Hong Kong fair with a large canvas to fill. “With the success of Miami, the expectations are so much higher in terms of the quality of galleries, the quality of work and the quality of parallel programming,” said Art Basel director Marc Spiegler.
About 60,000 visitors are expected before the show closes Sunday. For a sampling of the works on display at the fair, turn to page 4M.