HONG KONG (AP) — Chinese and international auction houses are encroaching on each other’s territory in Hong Kong and Beijing for the first time as they step up the battle for the Asian art market.

Left, Li Keran’s “Mountains Covered in Autumn Leaves” (1964) (Courtesy NAMOC); Right, Edvard Munch’s “The Scream” (Courtesy Sotheby’s) Li’s work, epitomized by the elegant “Mountains in Red” (1964) ...

Observers of Chinese classical art market wary of reading too much into auction of calligraphy scroll for 25 times its low presale estimate A 95-minute bidding war would have made headlines even when ...

LONDON (Reuters) - A Chinese vase discovered during a routine house clearance in a London suburb sold for 43 million pounds ($69 million) Thursday, 40 times its estimate and an auction record for any ...

Two 18th-century Chinese vases have sold for £260,000 or roughly $327,000 at an auction at Nesbits. They belonged to a “working class” vendor in his late 30s, who found them while clearing out his ...

A study by Artprice finds that the Chinese art market is the largest in the world — but only in terms of auctions. The misleading news bite is telling in other ways, though. The Chinese domestic ...

This Chinese vase ended up selling for way more than expected. The vase, which was described as "quite ordinary" by the Osenat auction house in France, was expected to sell for about €2,000 (around $1 ...

Sworders Fine Art Auctioneers, in Essex, England, sold a Chinese blue-and-white ceramic jardinière to a Chinese buyer for nearly 200 times its $610 high estimate, bringing the hammer down at nearly ...