CLEAN : Pink Star diamond fetches record $71.2 mn in Hong Kong

The video covers an auction event where a 59.6 carat Pink Star diamond was sold for a record price of 553 million Hong Kong dollars, equivalent to 71.2 million U.S. dollars. This sale set a new record for the most valuable diamond ever sold at auction and the highest price for any work sold at auction in Asia. The video also discusses the economic context, noting that not all previous bidders were present due to concerns about the Chinese economy. Despite this, the auction results were strong, particularly for white and colored diamonds, reaffirming Hong Kong's status as an international sales center.

What was the highest bid reached during the auction process?

• $490 million

• $500 million

• $480 million

• $440 million

How much did the Pink Star diamond sell for in U.S. dollars?

• 553 million

• 60 million

• 440 million

• 71.2 million

What record did the Pink Star diamond set at the auction?

• Most valuable gem sold in Asia

• Most expensive sculpture sold

• Most expensive painting sold

• Largest diamond ever found

What was a notable change in the auction compared to the previous year?

• Fewer bidders were present

• The auction was held in a different city

• More bidders were present

• The auction was canceled

What did the auction results indicate about Hong Kong's status?

• It is losing its status as a sales center

• It is a leading international sales center

• It is no longer hosting auctions

• It is struggling economically