Pursuits
Chateau Latour, Chinese Art Snapped Up in $106 Million Auction
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Chinese buyers spent HK$821.2 million ($106 million) on vintage bottles of Chateau Latour and modern paintings at the start of a week-long Hong Kong auction.
The three-day total was an increase of about 40 percent on equivalent auctions last autumn. The weekend event raises the chance that the series -- including gems, watches, Chinese ceramics and classical paintings -- will beat an estimate of HK$2.4 billion, which would be a record for Christie’s International for a series of sales in Hong Kong.