Chen, Wang, Wyeth Clones And Warhol

As Christie's began its fall sales in Hong Kong, the Hilton Hotel ballroom was filled with "Chuppies," Chinese urban professionals. For them, though, the auctioneer's prized piece--a wood sculpture of a Buddhist goddess dating back at least 700 years--had limited appeal. These newly affluent bankers, architects, and property developers from across Chinese-speaking Asia came to raise their paddles on Sept. 28 for something much hotter: contemporary Chinese oil paintings.

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