Hong Kong's rich are ready to party again as VIP events multiply


Despite those three years lost to the pandemic, Hong Kong still remains the main Asia transaction centre for Sotheby’s and Christie’s. - AP

HONG KONG (Bloomberg): After three years of Covid hibernation, Hong Kong's champagne-soaked art and luxury shopping scene is roaring back to life.

With the city’s edition of Art Basel just a few weeks away, global auction houses such as Sotheby’s and Christie’s are bringing back in-person VIP events. They’re also gearing up for the return of wealthy mainland Chinese patrons, who mostly stayed away during the global health crisis due to travel restrictions.

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