Phillips auction house to set up Asia HQ in Hong Kong

The West Kowloon Cultural District Authority (WKCDA) has announced it is renting out the main floors of its administrative block flanking the M+ museum to Russian-owned auction house Phillips to use as its Asia headquarters.The deal, announced on December 16, was momentous, the public body’s chief executive officer, Betty Fung Ching Suk-yee, said, and marked the beginning of the authority’s “long-term collaboration with Phillips in contributing to local, regional and international arts and…

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