Markets around the world are looking to China to buoy their financial prospects. So are art auction houses. After a dismal year, Sotheby’s and Christie’s International PLC are set to begin a major round of art auctions in London on Tuesday, and experts say Chinese collectors may emerge as the latest power players to bid [...]

In its second Evening Sale of the week, Christie’s Impressionist and Modern Art Evening Sale, achieved $147 million for paintings and sculpture with top lots from Juan Gris, Pablo Picasso, and Wassily Kandinsky commanding the highest prices. The sale follows Wednesday’s Evening Sale of two single-owner collections, The Modern Age: The Hillman Family Collection and [...]