Why Sanyu, the 'Chinese Matisse,' is setting the art market alight

A nude painting by Sanyu, hailed as the "Chinese Matisse," sold for over 258 million Hong Kong dollars ($33.3 million) at auction this week, confirming his status as one of the most sought-after names in the lucrative Asian art market.

Sanyu's "Five Nudes" on display at the Christie's showroom in Hong Kong ahead of a 2019 auction. Credit: Philip Fong/AFP/Getty Images

Sanyu's "Five Nudes" on display at the Christie's showroom in Hong Kong ahead of a 2019 auction. Credit: Philip Fong/AFP/Getty Images


Painted in the 1950s, "Quatre Nus" features four reclining female figures in the French-Chinese painter's distinctively saturated style. The artwork led Sotheby's first major sale in Hong Kong since the coronavirus disrupted its live auction schedule, becoming the evening's most expensive lot after a 10-minute bidding war between four collectors.

It's just the latest astronomical price paid for a work by Sanyu, who went largely unrecognized during his lifetime and was effectively destitute upon his death in Paris in 1966.

Last October, "Nu," which depicts a lone woman lying on her back, fetchedjust under 198 million Hong Kong dollars ($25 million) at Sotheby's. A month later, "Five Nudes" -- one of just six of the artist's coveted group nudes in existence -- went under the hammer at rival Christie's for almost 304 million Hong Kong dollars ($39 million), marking a new auction record for his work.

"To set a new benchmark for Sanyu with another of his iconic masterpieces, across two consecutive seasons, is a measure of the artist's stature among collectors," said Sotheby's head of modern Asian art, Vinci Chang, referring to Wednesday's sale of "Quatre Nus."

Explosion in interest

Skyrocketing prices reflect a surge in interest from Asian collectors, whose spending power now significantly shapes the global auction market. Between 2000 and 2019, the price of Sanyu's work jumped by more than 1,100%, according to the Artprice database, with mainland Chinese and Hong Kong markets now accounting for 91% of sales.

Art explained: How do art auctions really work?

The database also found that the $109 million produced by the painter's works at auction in 2019, made him the year's 16th biggest seller worldwide, above the likes of Mark Rothko and Roy Lichtenstein -- and way above his ranking of 873rd in 2000. "For an Asian collector, buying a work by Sanyu today is like a Westerner buying a work by Matisse," Artprice's analysis notes, saying that his brushstrokes and sense of proportion were "truly Matissian."

Yet, Sanyu's life story is one of disappointment and poverty, as his work failed to attract the attention afforded to his European and Chinese émigré peers.

Born in 1901 in the southwestern Chinese province of Sichuan, Sanyu was one of a number of young artists to relocate to Paris in the early 1920s. He discovered a penchant for painting still lifes, flowers and nudes -- with the latter being a particular novelty, given that naked models were not part of China's artistic tradition at the time.

Though he moved in the era's avant-garde circles through the '20s and '30s, Sanyu relied on the goodwill of patrons, rather than exhibitions or sales, to support his practice. "The misery of the lives of artists," he wrote to one of them, the Dutch composer Johan Franco, in 1932. "They ought to be poor, always poor, until the end."

His commercial fortunes were no better after World War II. But it was in the post-war period that he produced many of his now-famous nudes, evolving his style to embrace bolder colors and long curves reminiscent of Henri Matisse, to whom he is often compared.

In addition to watercolors and sculptures, he produced a total of 56 nude oil paintings in his career. And while his artistic approach was more in keeping with the Western traditions of his adopted homeland, he also used traditional Chinese ink wash painting techniques and practiced calligraphy, which he had trained in during his youth.

Whether due his allegedly eccentric personality, his failure to hold regular exhibitions or his time-consuming commitment to ping-tennis (a sport he invented and later dedicated much time to promoting, to little avail), his work had made little impact on the art world by the time he died following a gas leak in his studio.

Back from obscurity

Sanyu's oeuvre went largely undiscussed until the late 1980s, when the Taipei Fine Arts Museum in Taiwan featured his work in an acclaimed exhibition exploring the connections between China and Paris.

Through the 1990s, he was the subject of various art publications. Then, in 1995, Sotheby's brought an unprecedented trove of Sanyu's paintings to the international market, selling off his patron Johan Franco's collection en masse.

Revived interest in the artist's output led to a major show in his home city of Paris, when the Guimet Museum hosted 2004's "Sanyu: l'écriture du corps" ("Sanyu: Language of the Body"). By this time, his works were already growing in value, an upward trend buoyed by a 2017 exhibition at Taiwan's National Museum of History, which displayed a collection of artworks it had held onto since the 1960s. (Shortly before his death, Sanyu had shipped more than 40 paintings to Taipei for a show that, for unknown reasons, never transpired, and the museum has kept them ever since).

It is not only Sanyu's work that has benefited from Chinese collectors' growing wealth. Celebrated painter Zhang Daqian, who died in 1983, was the world's best-selling artist at auction in 2011, while the late Wu Guanzhong and the 20th-century watercolorist Qi Baishi both feature alongside Western greats like Picasso and Monet as some of the biggest names at auctions worldwide last year.

The work of Sanyu's contemporary Zao Wou-Ki, who moved from China to Paris in the late 1940s, has also surged in value. Seven of Zao's paintings were also included in Sotheby's Wednesday evening auction, selling for a combined total of $41 million, while in 2018 his triptych "Juin-Octobre 1985" went for $65 million to become the most expensive artwork ever to go under the hammer in Hong Kong.




Source: https://www.cnn.com/style/article/sanyu-ho...

Christie’s Hong Kong Seeks to Seize a $33 Million Record for Chinese-French Modernist Sanyu

Christie’s is looking to make history in Hong Kong next month. The house hopes to recalibrate the market for the late Chinese-French modernist Sanyu at its evening sale of 20th century and contemporary works on November 23. Headlining the auction will be Sanyu’s bravura oil on masonite Five Nudes (ca. 1955), the artist’s largest-ever painting of the feminine form, with a low estimate of HK $250 million (US $33 million).

Sanyu, Five Nudes, ca. 1955. Image courtesy of Christie's Images Ltd.

Sanyu, Five Nudes, ca. 1955. Image courtesy of Christie's Images Ltd.

Assuming bidding reaches the work’s low estimate (and likely even just the reserve price), Christie’s will demolish Sanyu’s current world auction record of HK $198 million (US $25.2 million). (All sales figures include buyer’s premium and are not adjusted for inflation.) That record was set just last week by the sale of Nu (1960s), a striking painting of a single reclining female nude against a white background, at Sotheby’s Hong Kong. 

If Christie’s finds success next month, Five Nudes will become triply noteworthy in auction history. The same work was responsible for setting one of Sanyu’s previous world auction records, when it sold for HK $128 million (US $16.5 million) in 2011 at the Taipei-based auction house Ravenel—and, at the time, also established a new high mark for any oil painting by a Chinese artist, according to Christie’s. 

Born in China in 1901, Sanyu moved to Paris at age 20 and remained there until his death in 1966. The saturated colors and bold line work of his oeuvre have inspired some to refer to him as the “Chinese Matisse.” Although he married a minor aristocrat and circulated through the social scene in the City of Light, he primarily survived thanks to the largesse of his brother Chang Junmin, nicknamed the “Millionaire of Nanchong,” who managed the family’s lucrative silk-weaving business. Sanyu regularly rejected inquiries from collectors and art dealers during his lifetime. His rise to prominence began only after Taiwanese dealers encountered his work after the 1988 China-Paris exhibition at the Taipei Fine Arts Museum.

Since 2009, Sanyu’s works have generated at least $22 million per year at auction worldwide, according to the artnet Price Database. His highest annual total came in 2017, when 120 works sold under the hammer for nearly $60 million total. However, 2019 will land above that figure if Five Nudes finds a buyer, as Sanyu has already accumulated more than $41 million in auction sales from January through mid-October. All the more reason market-watchers should look East come November 23.

Source: https://news.artnet.com/market/sanyu-five-...

China Accounts for 24 percent of the 66 Billion Global Art Market

By Katya Kazakina Mar 12, 2014 5:42 PM ET

Global art sales approached their pre-crisis high last year, led by record prices for postwar artists and a jump in U.S. auctions. Sales of art and antiques increased 8 percent from a year earlier to 47.4 billion euros ($65.9 billion), according to a report compiled by Arts Economics and published today by the European Fine Art Foundation in Maastricht, Netherlands. The results fell just short of the record 48 billion euros in 2007. China accounted for 24 percent of the market. (Read more)

Chinese Ink Makes a Big Splash

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Contemporary artists are breathing new life into an old art form

By Georgina Adam. From Art Basel Hong Kong daily edition
Published online: 25 May 2013 ​

Interest in contemporary Chinese ink painting, the age-old tradition that is currently undergoing a renaissance, has never been greater—and not just in China. Traditional ink painting is one of the oldest forms of Chinese art and commands huge respect, as well as high prices. Today’s painters are using the medium to produce art that links back to this long tradition.​.(Read more)

Guggenheim Announces Major Initiative to Advance Contemporary Chinese Art

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New York, NY, Richard Armstrong, Director of the Solomon R. Guggenheim Museum and Foundation, and Ted Lipman, Chief Executive Officer of The Robert H. N. Ho Family Foundation, announced the inauguration of an initiative to advance the achievements of and expand the discourse on contemporary Chinese art. Made possible by a major grant to the Guggenheim from The Robert H. N. Ho Family Foundation, which focuses much of its philanthropy on Chinese and Buddhist visual art and culture, the new program will allow for the commissioning of artworks by artists who were born in mainland China, Taiwan, Hong Kong, or Macao.

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Beili Liu Showing in "High Fiber" at National Museum of Women in the Arts

Washington, DC — The third installment in the National Museum of Women in the Arts’ (NMWA) Women to Watch exhibition series examines innovative approaches to a traditional medium: fiber. High Fiber—Women to Watch 2012 features work by seven emerging artists from the U.S., the U.K. and France. The exhibition is on view November 2, 2012–January 6, 2013.

ASIAN ART PIERS Hosts Gallery Talk for Sotheby's Institute of Art

Asian Art Piers hosts gallery talk for Sotheby's Institute of Art

Asian Art Piers hosts gallery talk for Sotheby's Institute of Art

On July 26th, Asian Art Piers hosted a gallery talk for the Sotheby's Institute of Art postgraduate program. The talk session covered a vast array of topics including the style/market trends of contemporary Chinese art, the changes in collector sentiment, and the unique characteristics of running a contemporary Chinese art gallery in the Chelsea art district. The Sotheby's post-grad students were introduced to "Fables & Theatreality", the exhibition series showcasing award-winning artists Zheng Hongxiang and Mu Lei. With continued interest from academia, Asian Art Piers continues its gallery talk series to enrich the intellectual dialogue on today's contemporary Chinese art.

JING DAILY Exclusive Interview: Young Chinese Artist, Mu Lei

Mu Lei's Ambush, currently showing at Asian Art Piers

Mu Lei's Ambush, currently showing at Asian Art Piers

Recently, Jing Daily spoke with the young, Beijing-based painter Mu Lei (穆磊), whose works have steadily gained notoriety in China and elsewhere for their blend of dark, almost gothic sense of femininity and ’80s-influenced surrealism — what one critic called “the unlikely crossroads where Black Swan meets Galaga.” Last year, along with a group of other young Asian artists, Mu was invited to take part in the 54th Venice Biennale, and more recently, an exhibition of Mu Lei’s work was launched at New York’s Asian Art Piers. (Read more)