Warhol 'Mao' painting sold for $12.6 million in Hong Kong

FILE PHOTO - An employee poses with artist Andy Warhol's artwork "Mao" at Sotheby's auction house in London January 29, 2014. REUTERS/Luke MacGregor

HONG KONG (Reuters) - An Andy Warhol portrait of former Chinese leader Chairman Mao Zedong has sold for $12.6 million at a Hong Kong auction, less than the $15 million it was expected to fetch.

The painting was sold to a private Asian collector at Sotheby's evening sale on Sunday.

Warhol began his series of silk-screen portraits of Mao in 1972 when ties between then Cold War foes China and the United States began to thaw after U.S. President Richard Nixon's historic trip to Beijing.

(Reporting by Reuters Television; Editing by Michael Perry)

You may also interested in

Property agents shut, buyers still hunt as China...

Apr 3, 2017

US-CHINA-ECONOMY-PROPERTY:Property agents shut, buyers still hunt as China plans new economic zone

Zhang Yimou says 'Great Wall' story may have been...

May 10, 2017

Zhang Yimou says the disappointing U.S. performance of the biggest budget China-U.S. co-production...

China banking regulator tightens rules on WMPs,...

May 16, 2017

US-CHINA-BANKS-REGULATION:China banking regulator tightens rules on WMPs, flags more curbs

From teenager to warlord in 'Farewell My...

May 16, 2017

As a teenager, Zhao Hailong had a small role in the award-winning film "Farewell My Concubine," the...

Hong Kong superstar Aaron Kwok announces he's a...

Sep 22, 2017

Hong Kong superstar Aaron Kwok has announced on social media that he's a father

About Us

Buzz Online Daily brings to you the trendy and up-to-date viral news, entertainment news, and local breaking news exclusively to our dedicated readers.

Contact us: sales[at]buzzonlinedaily.com

Subscribe Now!