Chinese tycoon Liu Yiqian splashed out nearly HK$114m ($14.71m) on an ancient vase at auction in Hong Kong Tuesday — his latest expensive purchase of a rare artefact originally
from the mainland.
The simple octagonal piece, an 800 year-old Southern Song Dynasty work tinted a milky blue, broke the guide price of $7.7m at the sale by Sotheby’s.
Taxi-driver-turned-financier Liu — chairman of investment company Sunline Group — is one of China’s wealthiest men and among the country’s new class of super-rich scouring the globe for artworks.
The 51-year-old broke the world auction record for Chinese porcelain in April last year when he bought a Ming Dynasty wine cup — known as the “chicken cup” — for $36 million, which he subsequently famously drank tea from.
In November he snapped up a Tibetan silk tapestry for $45 million at Christie’s in Hong Kong, setting another world record for any Chinese work of art sold by an international
auction house
Ref: PunchNg
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