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Art Basel Hong Kong Thrives Amid Global Tensions

3/30/2026

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Story summary
  • Art Basel Hong Kong fair, running until March 29, 2026, shows recovery despite Middle East conflict.
  • Attendance is mainly Chinese visitors, with collectors from Japan, Korea, and Southeast Asia.
  • Hesitation faded as energy rose and quality works were reserved or sold.
  • Some collectors are cautious, preferring established artists over emerging ones due to price.
  • Galleries are taking risks by showcasing larger works, with significant sales in the first hours.