Why Hong Kong? And why now? The Chinese art market remains the second largest behind the U.S, accounting for 30.19% of the market total in 2015.* More museums were opened between 2000 and 2014 than in the previous two centuries, with the Asian market having the greatest impact on the 700 figure.*

For Barnebys, the Hong Kong launch is a stepping stone into the Chinese market.


With young Chinese artists being brought to the spotlight across the world’s capitals of art: London, New York and Paris, such as the FLV’s exhibition dedicated to contemporary Chinese art and London’s Marlborough recent solo exhibition of Song Yige’s works, Chinese art is being brought to the West in the same way Chinese and European antiquities are in demand in the East.

Here at Barnebys, the Hong Kong launch will further our mission to make the art and auction market democratic, global and transparent.

Asia is a diverse market, in the past 5 years, Chinese collectors have grown in their buying and presence at European auctions. The growing market demand from the Chinese market to reach European sellers, and vice versa, for these sellers to reach out to a huge potential of Eastern clientele is a driving force behind Barnebys Hong Kong launch.

China is one of the world's biggest markets for art and antiques with enormous purchasing power. In recent years, Chinese buyers have been behind many of the American and European auction houses' most successful sales. This can be said, in particular, about the most expensive objects, but also objects from the lower price segment. In the beginning, the Chinese market were mainly buying back their heritage, but in recent years we have seen more and more buying both Rolex watches, handbags, chandeliers, silver and 18th century painting.

And so Barnebys Hong Kong adventure begins!

Check out barnebys.hk here.

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*Figures according to Artprice market report for 2015.