Hotung ‘jewel in the crown’ Degas proves precious at auction

The second tranche of the collection of Hong Kong property investor Sir Joseph Hotung (1930-2021) generated some strong competition at Sotheby’s in London with a number of high-value pictures, as well some exceptional pieces of furniture, ceramics and decorative art, on offer last week.

The first part of the collection raised HK$563.6m (£65m) at Sotheby’s Hong Kong in October and was…

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