Art Basel in Hong Kong: a dynamic week of strong sales

The 2022 edition of Art Basel Hong Kong closed on Sunday, May 29, 2022, amid reports of consistently strong sales across all sectors and market segments, both to collectors present in the halls and those connecting with galleries digitally. The second edition in a hybrid format hosted 130 galleries including 75 galleries participating with a satellite booth, as well as a series of digital programming that reached a broad global audience.

Art Basel in Hong Kong 2022

“This week has been truly meaningful with so many great cultural collaborations, encounters virtual as well as physical reinforcing Art Basel Hong Kong’s role as the leading international art platform in Asia,” says Adeline Ooi, Director Asia, Art Basel. “Despite the difficulties of the last months the city has rallied in support of the fair. We are deeply grateful to our 130 participating galleries for their commitment to our show here in Hong Kong, and the city’s institutions and nonprofits.”

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“The 2022 edition of Art Basel Hong Kong stands as a true testament to both the strength and resilience of the Hong Kong market,” says Marc Spiegler, Global Director, Art Basel. “Despite reduced international attendance, steady sales throughout the duration of the show reflected the city’s growing and engaged collector base, including many first-time buyers. In parallel, the fair’s digital dimension demonstrates the continued growth of online sales and the importance of new virtual formats connecting with ever-broader audiences.”