Asia Art Weekly News Bulletin – ISSUE 25 Week of 28 July 2025
(1) Goldman taps art advisory in Asia as wealthy plan for heirs
Goldman Sachs is expanding its art advisory services in Asia as wealthy families increasingly seek guidance on managing and preserving their collections.
(2) Sands China Presents Two Vibrant Exhibitions for Art Macao 2025
Sands China has launched two art exhibitions for Art Macao 2025, featuring vibrant international works inspired by Sesame Street and contemporary masterpieces.
(3) Greg Girad’s Ode to Old Hong Kong Lights Up M+ Museum Facade
Greg Girard’s HK:PM lights up M+ Museum’s facade with moving images of old Hong Kong.
(4) New museum chief to resume international display of Korean art history
New museum chief You Hong June plans to relaunch the global exhibition 5,000 Years of Korean Art to showcase Korea’s cultural heritage worldwide.
(1) Goldman taps art advisory in Asia as wealthy plan for heirs
(Photo Credit: Goldman Sachs)
Goldman Sachs is expanding its art advisory services in Asia to support wealthy families as they grow their collections and plan for succession. The bank offers tailored guidance on collecting, passing on artworks to future generations, and using art as collateral for loans. These services were highlighted at its recent summit in Hong Kong, which brought together over 100 family members to explore investment strategies and visit Christie’s regional headquarters.
Asian clients are increasingly focused on how to manage and preserve their collections for the next generation, mirroring trends seen in Europe and the United States. With an estimated US$83 trillion in global wealth expected to be transferred over the next two decades, much of it in Asia Pacific, Goldman Sachs sees strong demand for expert advice on legacy planning and asset diversification.
Despite this growing interest, the fine art market has faced challenges, with global sales falling by 27% last year and China seeing a sharper decline of 46%. The drop is partly due to fewer high-value transactions, as economic uncertainty has made buyers more cautious. Goldman Sachs aims to help clients navigate these conditions by offering alternative ways to manage and monetise their collections.
News Source: https://www.businesstimes.com.sg/companies-markets/banking-finance/goldman-taps-art-advisory-asia-wealthy-plan-heirs
(2) Sands China Presents Two Vibrant Exhibitions for Art Macao 2025
(Photo Credit: PR Newswire/ Dopamine: Fountain of Happiness)
Sands China launched two art exhibitions for Art Macao 2025: “Dopamine: Fountain of Happiness” at The Venetian Macao and “Beyond the Frame: International Contemporary Masterpieces” at Sands Gallery. The first showcases vibrant artworks inspired by Sesame Street and ancient Roman mythology, featuring nine international artists including Craig & Karl and Bibi Lei. Set against The Venetian’s grand architecture, the exhibition uses vivid colours and playful themes to evoke happiness and creative energy.
The Collateral Exhibition at Sands Gallery presents over 60 pieces from six artists exploring the boundaries of contemporary art. Their work spans painting, sculpture, installation, and mixed media, encouraging active engagement from viewers. This display celebrates Macao’s role as a hub of global artistic exchange and supports its identity as a city of creativity.
Additional cultural events include an art-sharing session on 30 July 2025 at The Londoner Macao and a family art workshop led by Bibi Lei on 26 July 2025. These activities aim to strengthen community ties and highlight Macao’s dynamic arts scene, welcoming both local families and international visitors to join the conversation through hands-on creative experiences.
News Source: https://www.prnewswire.com/news-releases/sands-china-presents-two-vibrant-exhibitions-for-art-macao-2025-302516317.html
(3) Greg Girad’s Ode to Old Hong Kong Lights Up M+ Museum Facade
(Photo Credit: Greg Girard/ M+ Museum)
Canadian photographer Greg Girard’s moving image commission, HK:PM, is now illuminating the 7,000 square metre screen on the facade of the M+ Museum in Hong Kong. The nightly display transforms his analogue photographs into a cinematic tribute to the city’s past, lighting up Victoria Harbour with scenes from the 1970s to 1990s.
The photographs, drawn from Girard’s personal archive, capture everyday life in Central, the now-demolished Kowloon Walled City and the city’s neon-lit nightlife. Presented in motion, these images unfold like a film, offering a vivid portrait of Hong Kong’s energy, character and transformation over time.
Girard describes the commission as a chance to revisit and reframe his work, returning the images to the place they were first created. HK:PM runs every evening through 28 September 2025, inviting viewers to reflect on the city’s layered history and the memories that continue to shape its identity.
News Source: https://hypebeast.com/2025/7/greg-girard-hkpm-m-museum-facade-hong-kong
(4) New museum chief to resume international display of Korean art history
(Photo Credit: Lee Jeongwoo – You Hong June, the newly appointed director-general of the National Museum of Korea)
Director-general You Hong June, newly appointed head of the National Museum of Korea, has announced plans to revive the international exhibition 5,000 Years of Korean Art. First launched in 1979, the exhibition played a key role in introducing Korean cultural heritage to global audiences, touring major cities in the United States, United Kingdom and France. You described the revival as a way to highlight traditional Korean art as the foundation of modern K-culture.
He said the museum is currently in talks with leading institutions such as the Metropolitan Museum of Art in New York, the British Museum in London and the Guimet Museum in Paris. The updated exhibition is expected to take two to three years to finalise, with the aim of showcasing Korea’s artistic legacy on a global stage once again. You emphasised that a successful relaunch would mark a major achievement in his role as museum chief.
In shaping the new version, You plans to move away from simply displaying large numbers of artefacts, instead focusing on emotionally engaging presentations that place people at the centre. He hopes the exhibition will deepen international appreciation of Korean art and culture, and reaffirm the museum’s role in promoting Korea’s identity worldwide.
News Source: https://www.korea.net/NewsFocus/People/view?articleId=276031
