Christie's Sees Resilience in Art Market Amid Pandemic

The video discusses the resilience of the art market during the COVID pandemic, highlighting a significant shift towards digital tools and global engagement in auctions. It notes the rise of millennial collectors in Asia and their evolving art preferences, including a growing interest in Western art. The video also covers record-breaking art sales, emphasizing the strength of the market and the mix of traditional Asian and Western art collections.

What was the total sales amount achieved across 14 sales in the past seven days?

• 200 million U.S. dollars

• 500 million U.S. dollars

• 300 million U.S. dollars

• 400 million U.S. dollars

How did the traffic at the Hong Kong Convention Center compare to usual during the auction?

• It increased by 20%

• It decreased by 70-80%

• It remained the same

• It increased by 50%

What percentage of the buyers were millennials?

• 10%

• 75%

• 25%

• 50%

What trend has been observed in the art preferences of Asian collectors?

• A focus solely on traditional Asian art

• An increasing interest in Western artists

• A decline in art collection

• A preference for digital art

Which artist's record was broken for the animal series?

• Pablo Picasso

• Vincent van Gogh

• Claude Monet

• Sanyu

What percentage of the lots offered in the evening sale were transacted?

• 100%

• 75%

• 97%

• 50%

What has been a surprising trend in the art market this season?

• Decline in digital sales

• Continued strength of the market

• Decrease in Western art interest

• Reduction in millennial buyers