Sotheby's Contemporary Art sales held during the first week in April achieved
outstanding performance totaling HK$470
million/ US$60.2 million, a 50% increase from Autumn 2016 with 93% sell-through
Western Contemporary Art offered for the first time at Sotheby's Hong
Kong Evening Sale performed well. Andy Warhol's Mao, top lot of the evening –
was sold to an Asian collector for HK$98,537,500/ US$12,633,013, setting a new
record for any Western Contemporary art sold at auction in Asia.