ART HK opened last night with a lively vernissage. Predictably, the direction the fair will take under its new owners was the subject of many conversations. The early signs are promising for those hoping the fair will retain its distinctive point of difference. Speaking by telephone from Switzerland, Art Basel co-director Marc Spiegler said: "We are not interested in copying and pasting the same fair on three locations. Along with the greater interest in China, we are looking at many rising markets from Australia and New Zealand, to Singapore and Indonesia. The Asian market is developing so quickly, it's hard to say what it will look like in five years." Read more...
