Zhang Xiaogang Work

Zhang Xiaogang Work

Sotheby's via Bloomberg

Zhang Xiaogang's 1992 work, "Chapter of a New Century - Birth of the People's Republic of China II,'' set an artist record of HK$52.18 million ($6.73 million) at Sotheby's autumn sale in Hong Kong. The work had been estimated to fetch up to HK$23 million.