Christie's to auction 'highest-estimated Asian artwork' in Hong Kong
Auction house Christie's unveiled on Monday what it called "the highest-estimated Asian artwork" to ever go under the hammer, a Xu Beihong painting called "Slave and Lion," which it expects to fetch between $45 million and $58 million. The 1924-dated painting by Xu, who is regarded as one of the most important figures of Chinese realism, will go on public preview in Beijing and Shanghai this month before being auctioned in Hong Kong on May 24. The painting was sold in the global financial hub in 2006 at Christie's for HK$53.9 million ($6.9 million), a record at the time for a Chinese oil painting.
Source: news.abs-cbn.com