Antiques dealers from the West are hoping to make an impression at the Hong Kong International Antiques Fair even if they don't make immediate sales. Meanwhile, collectors are looking for bargains in a depressed market.
Treasures from home and abroad, an elegant soapstone figure of Tang Ying from 18th-century China, beautiful art-deco furniture from France, and the best of African tribal arts, these are among the highlights at the International Antiques Fair in Hong Kong.
Treasures from home and abroad, an elegant soapstone figure of Tang Ying from 18th-century China, beautiful art-deco furniture from France, and the best of African tribal arts, these are among the highlights at the International Antiques Fair in Hong Kong.
It's the most important even of this kind in Asia, and has attracted exhibitors from more than 15 countries and regions. The theme of the four-day fair is "Quality and Excellence in Western and Oriental Antiques".
International Antiques Fair opens in Hong Kong
Until now, the Fair has mainly focused on oriental antiques. But for this edition, its ninth, the event is expanding its scope, welcoming more than 70 dealers from around the world and a broader range of collectibles, including sculptures and furniture.
It's the first time for some famous French and other European galleries to appear. The dealers say the Asian market is big, but it may take some time before Chinese collectors are ready to buy Western antiques.
Though most Chinese clients still prefer Eastern pieces, they are beginning to broaden their palate.
Visitors from the Chinese mainland represent about 60 percent of attendees, and some remain bullish despite a recent dip in the antiques market.
All items for sale at the fair have been carefully examined by leading independent experts, meaning collectors can appreciate and pick up every item with confidence.