An unknown collector forked out HK$53.8 million (US$6.92 million) yesterday for a 1920s painting by a renowned Chinese artist, setting a new record price for Chinese oil paintings.
The price for Slave and Lion by Xu Beihong (
The seller was an unnamed Singapore collector and the auction house declined to provide information about the buyer.
PHOTO: AFP
The price exceeded the previous set by Taiwanese artist Chen Chengbo's (
Another of Xu's oil paintings, Silly Old Man Moves a Mountain, was sold in Beijing five months ago for 30 million yuan (US$3.82 million).
The latest record-breaking paint-ing demonstrated Xu's technique of combining a Western sense of form and Chinese line of drawing.
It was one of the very few works Xu created during his stay in Berlin in the early 1920s, Christie's said.
Slave and Lion, from 1924, depicts a story of a slave and a lion in Europe. The slave, Androcles, who had helped a lion with a thorn in its paw, later ran into the same lion in a cruel human-animal battle staged in a Roman theater. The emperor was moved by the reunion and freed the slave.
The auction yesterday included about 2,500 classical and modern paintings, luxury watches, jewelry and ceramics, most of which came from the region.
Competition was keen for some of the other notable works on offer at the 20th Century Chinese Art Sale. These included Potted Chrysanthemum in a Blue and White Jardiniere by Sanyu (
Netherlands-based semiconductor equipment supplier ASML Holding NV yesterday said that it is planning to hire an additional 1,000 people in Taiwan this year in response to growing demand from clients. ASML had previously planned to recruit 600 people this year, but that the plan has been adjusted upward, ASML vice president and ASML Taiwan general manager Grace Wang (汪佳慧) told reporters. ASML has a workforce of more than 4,500 in Taiwan, accounting for about 10 percent of its global total, Wang said. This year’s recruitment campaign would focus on adding people in the customer support, manufacturing and supply chain domains to assist ASML
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
UNDER MICROSCOPE: Taiwan detained three people who allegedly conspired to buy servers in Taiwan and export them using fraudulent documentation, prosecutors said Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday urged Super Micro Computer Inc to tighten up on compliance after Taiwan detained three people this week for allegedly making fraudulent declarations about artificial intelligence (AI) servers made by its US partner. The development marked the nation’s first crackdown on semiconductor smuggling, which grew after the US slapped restrictions on exports of high-end chips such as Nvidia AI accelerators to China. Nvidia is “rigorous” in explaining regulations to all of its partners, Huang told reporters after arriving in Taipei. “Ultimately Super Micro has to run their own company,” he said in response to
Nvidia Corp yesterday announced that CEO Jensen Huang (黃仁勳) would attend an employee meeting in Taipei tomorrow to celebrate the launch of the company’s Taiwan headquarters project. Huang would attend a gathering at the site of Nvidia’s planned headquarters in Beitou Shilin Technology Park (北投士林科技園區), the company said in a statement. After arriving in Taiwan on Saturday last week, Huang told reporters that he plans to meet with Quanta Computer Inc (廣達) chairman Barry Lam (林百里) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman C.C. Wei (魏哲家), and would attend the groundbreaking ceremony for Nvidia’s Taiwan headquarters tomorrow. Nvidia has not yet applied