Post the travel craze of Hong Kong Art Week 2024, ArtsHub reached out to several galleries in Australia that participated in this year’s Art Basel Hong Kong to investigate how the market performed against the general enthusiasm towards this global art fair, which returned to a pre-pandemic scale.
The official sales figures, which usually accompany post-fair media releases, have not been revealed to date, leading to some reasonable speculation around the volume of commercial activity, as compared to visitation or public interest. Many galleries noticed a slower and more cautious crowd at Art Basel Hong Kong’s (ABHK) preview day on 26 March.