China Guardian Auctions to debut in Hong Kong Oct 7

China Guardian Auctions Co, Ltd., the oldest auction house in Mainland China, will make its official debut in Hong Kong on 7 October 2012. The inaugural auction at the Mandarin OrientalHong Kong will feature over 300 Chinese ink paintings and calligraphy and more than 40 pieces of classical Chinese furniture from the Ming and Qing dynasties. (Sale preview: 4-6 October).



 Established in 1993, China Guardian ranked in the top four art auction houses world-wide and generated 7.8% of the world’s art auction revenue, its sales totalled 11.2 billion RMB in 2011 ($1.77 billion USD).

Li Keran, THE SUN AFTER THE RAIN,

Xu Beihong, THE EAGLE AND THE PINE TREE

 The auction house achieved the highest priced work on the auction market last year with the sale of Chinese modern master painter Qi Baishi’s Eagle Standing on Pine, 1946, for 425.5 million RMB ($57.2 million ), a record price for Chinese oil painting with the sale of Chen Yifei’s Wind of Mountain Village, 1994 for 81.65 million RMB ($12.87 million ).

Wang Jian, GREEN MOUNTAINS AND THE RIVER IN THE STYLE OF DONG WENMIN ,

The inaugural auction in Hong Kong represents China Guardian’s first auc tion outside Mainland China. It will feature two sessions “Chinese Paintings and Calligraphy from the Four Seas” and “Classic Furniture and Garden Ornaments of Ming and Qing Dynasties”. Highlight lots include an exceptional selection of ink paintings by leading modern masters of Chinese painting Qi Baishi, Li Keran and Xu Beihong, amongst others.



The furniture session will present more than 40 special lots, including rare Ming-style Huanghuali pieces and Zitan imperial objects of the Qing Dynasty.