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Korean art fascinates Hong Kong
This year’s Art Basel Hong Kong shines the spotlight on South Korean artists, bringing to the forefront budding names and established artists alike
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By Kwon Mee-yoo
The art world’s attention is transfixed upon Hong Kong as the largest art fair in Asia opened for preview Tuesday. Hong Kong has become the third largest art market in the world thanks to its tax benefits and Korean galleries are finding a way out in Hong Kong amid a domestic slump.
Over 242 galleries from 34 countries take part in the fifth edition of the largest art fair in Asia held at the Alexandra House. Some 3,000 artworks from A-list artists such as Pablo Picasso, Francis Bacon and Cy Twombly to budding young talents will be on display for sale through Saturday.
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