{"id":8233,"date":"2011-04-07T03:04:43","date_gmt":"2011-04-07T03:04:43","guid":{"rendered":""},"modified":"2011-04-07T03:04:43","modified_gmt":"2011-04-07T03:04:43","slug":"For-Once-Chinese-Buyers-Don-t-Bite","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=8233","title":{"rendered":"For Once, Chinese Buyers Don\u2019t Bite"},"content":{"rendered":"<p><strong>A highly anticipated sale of a collection of prized imperial Chinese porcelain at a Sotheby\u2019s auction in Hong Kong on Thursday night failed to live up to its hype, as many of the top lots remained unsold.<\/strong><\/p>\n<p>The sale of the Meiyintang Collection \u2014 amassed over half a century by a European collector and considered by some to be the most important Chinese porcelain collection in the world \u2014 was supposed to be the highlight of Sotheby\u2019s spring sales auction week in Hong Kong. Presale estimates set the collection at 710 million to 1.07 billion Hong Kong dollars (US$91 million to US$137 million). And though the auction room was packed to capacity, with many forced to stand in the back, the collection fetched just over HK$399 million when the last hammer fell.<\/p>\n<p><strong>\u201cThere was guarded bidding on some of the top lots,\u201d said Nicolas Chow, Sotheby\u2019s international head of ChineseCeramics and Works of Art department, in a statement. \u201dAs we have seen all week long, the market sets its own prices.\u201d Sotheby\u2019s noted prices were stronger earlier in the week.<\/strong><\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/scene\/2011\/04\/07\/for-once-chinese-buyers-dont-bite\/\" title=\"SOURCE\">SOURCE<\/a><br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A highly anticipated sale of a collection of prized imperial Chinese porcelain at a Sotheby\u2019s auction in Hong Kong on<\/p>\n","protected":false},"author":1213,"featured_media":72448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[],"class_list":["post-8233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","medium_large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","1536x1536":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","2048x2048":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-highlighted-post":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-small":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x90.jpg","colormag-featured-image":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-default-news":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","colormag-featured-image-large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-block-extra-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-small-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg"},"magazineBlocksPostAuthor":{"name":"Joshua","avatar":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"A highly anticipated sale of a collection of prized imperial Chinese porcelain at a Sotheby\u2019s auction in Hong Kong on","magazineBlocksPostCategories":["News"],"magazineBlocksPostViewCount":127,"magazineBlocksPostReadTime":1,"magazine_blocks_featured_image_url":{"full":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"medium":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"thumbnail":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg",113,150,true]},"magazine_blocks_author":{"display_name":"Joshua","author_link":"https:\/\/asiancemagazine.com\/?author=1213"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link 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