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When Art Becomes Capital: The Rise of Asia’s Cultural Asset Class
For centuries, art has been more than ornament. A painting on a wall can signal taste, lineage, or ideology—but in today’s Asia, it increasingly signals capital. Collecting art has become not only an expression of culture but also a deliberate act of wealth preservation and influence. Asia’s New Art Capitals Hong Kong has long been Asia’s art market hub, home to Art Basel Hong Kong and record-breaking sales at Christie’s and Sotheby’s. In March 2024, Sotheby’s Hong Kong sold
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