Despite a slew of records set for Western art in Asia, including new highest prices for Modigliani and Mark Bradford, the Hong Kong sale made below its low estimate

Paintings by Modigliani and Kusama among the 50 works to be offered in Hong Kong—with more potentially coming to the block in New York

Long Museum West Bund and Shanghai Minsheng Art Museum both announced they would shut indefinitely for unspecified reasons

Firm now plans to extend its lease after Long Museum buys huge Tu Hongtao painting on show in the new space

First major survey in Shanghai of late artist’s work includes giant spider on loan from Tate