China Guardian, the mainland's oldest auction house, organised its first sales in Hong Kong in October. The move was qualified by the company's president Wang Yannan as "the first step of an international expansion plan." Hong Kong provides better access to international customers and a stable regulatory frame work, both things that the mainland still falls short of. Executives from Sotheby's, Christie's, China Guardian and from art brokerage company Art Futures Group tells how they see Hong Kong's place in the art market.
Published on SCMP.com/video October 26, 2012.
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