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Beijing Hanhai (Chinese: 北京翰海; pinyin: Běijīng Hànhǎi), officially the Beijing Hanhai Auction Co., Ltd, is an auction house located in Beijing.Established in 1994, after the Chinese government began allowing the auction of relics, it grew under the management of Qin Gong to become one of the country's largest auction houses by 2003.
Chinese auction is a type of the all-pay auction, where the probability of winning depends on the relative size of a participant's bid. [1] The choice of the winner is done by a lottery, whereby the bidders compete for a higher chance of winning. [1] It is also known as penny raffle, chance auction and tricky tray. [2] [3]
This page was last edited on 11 October 2024, at 00:52 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
This page was last edited on 20 December 2020, at 10:45 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
First founded in May 1993 by Chen Dongsheng, [6] China Guardian is China's oldest art-auction firm. [5] [7] China Guardian was a leader of the Chinese art auction market until the emergence of Beijing Poly International Auction Co Ltd in the mid-2000s. [8] China Guardian is now considered to be Mainland China's 'number 2 auctioneer' behind ...
Customers buying restaurant raffle tickets at a 2008 event in Harrisonburg, Virginia. A strip of common two-part raffle tickets. A raffle is a gambling competition in which people obtain numbered tickets, each of which has the chance of winning a prize. At a set time, the winners are drawn at random from a container holding a copy of each number.
Print/export Download as PDF; ... Chinese auction houses (1 C, 1 P) ... Pages in category "Retail companies of China"
Tiancheng International Auctioneer Limited (also known as Tian Cheng International or Tiancheng International) is a niche auction house that specialises in the sale of Chinese art [1] as well as jadeite. [2] [3] [4] Its headquarters is in Hong Kong, with other offices in Shanghai and Beijing. [5]