Chinese buyers spend $116m at art auction in NY

Updated: 2015-05-12 10:35

By Lin Qi(chinadaily.com.cn)

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Chinese buyers spend $116m at art auction in NY

[Photo provided to chinadaily.com.cn]

3.Claude Monet’s Bassin aux nympheas, les rosiers (pond with water lilies and roses) was another star of the evening sale with a $20.41 million price tag. Sotheby’s later disclosed the buyer was Dalian Wanda Group, the Chinese commercial property developer and cinema chain operator founded by Wang Jianlin. It paid $28.1 million at Christie’s for a Picasso portrait.

 

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