MONTE DEI PASCHI DI SIENA: BOOM IN CHINA ALSO FOR ART”

Return to grow the Chinese art market in 2013 , excellent results in the Asian Week of March for the major auction houses. Total turnover for Sotheby ‘s and Christie’s sales of approximately 90 million individual and for Christye ‘s about 50 million and Sotheby’s for about 40milioni . These are the main points of the research: · L ‘ ” MPS Chinese Art Index” shows the extraordinary growth of the +45 % in 2013 and an astounding +179 % since 2008 , returning to the record levels of 2011 ( +194 %). In 2012 by contrast, a significant decrease . Encouraging recovery for 2013 with data realignment with the record achieved in 2011. With regard to the estimates of the current year results are expected for the first half of the year apparently in line with those of 2011 and 2013 , assuming another very interesting year for this sector. · The breakdown of turnover on the ” MPS Chinese Art Index ” shows a strong growth trend of painting that is more and more about ceramics. 2013 was the year of the consecration of an increasingly fastest growing thanks to the interest of the local collectors willing to invest large sums . Excellent results have been achieved by the fund contemporary and modern painting that showed a boom in revenues in 2011 and especially in 2013. · An analysis of the ” Chinese Painting MPS Index” , shows a stellar 2013 for the paint industry with a record increase of 67% compared to 2012 and well over 180% in 2008. This is confirmed , for example , the figures collected by the monderna and contemporary painting that is reaching astronomical prices at auctions . Also from the graph , we can see the coma flexion of the entire sector in 2012 has also affected the field of painting. But the estimates for 2014 are in line with 2013 levels , raising hopes for another great year for the oriental painting · An analysis of the turnover of Chinese painting , divided by the historical reference period , performed on the ” MPS Chinese Painting Index ” you immediately notice the obvious difference in the revenue produced by the classical painting , compared to that of modern and contemporary painting . A disadvantage of classical painting weighs both the lowest number of auctions dedicated to the latter , both the strong appeal of the modern sector / contemporary who is experiencing this sector. · The ‘ ” MPS Chinese Ceramic Index” showed an increase +17% and +178 % in 2013 compared to 2008 figures , confirming investors’ appetite for this sector. Results, which suggest a return to 2010-2011 when the greatest auctions of Chinese ceramics reached historical records on purchases. The estimate for 2014 is positive , the results of auctions in March showed levels in line with 2013 (over EUR 70 million in revenue between Sotheby ‘s and Christie’s ) doing provide an interesting year for this sector. · Analyzing the market of ceramic ‘ MPS Chinese Ceramic Index, segmented by the square of origin, New York, London and Hong Kong, we look at the U.S. appear to be the main square. During the period considered the question of Chinese ceramics is higher for the square in New York while the other two follow ups and downs with . The year 2012 was the golden year for London and Hong Kong reveals signs of recovery compared to 2011. where LN and NY did the lion’s share .