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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]
[1] [2] [3] It is particularly known for its sale of Chinese calligraphy and ink paintings. [4] [5] 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 ...
Chinese auction houses (1 C, 1 P) Clothing retailers of China ... Pages in category "Retail companies of China" The following 26 pages are in this category, out of 26 ...
The Chinese Ministry of Commerce has endorsed Duo Yun Xuan as the first art auction house established in mainland China. [2] In 1978, Duo Yun Xuan formed the Shanghai Painting and Calligraphy Publishing House and began publishing fine art, among other activities. [2] In the 1980s, it became a leading firm in Shanghai's art industry.
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.
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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]