In the wake of Art Basel’s return to Hong Kong, Philip Hoffman, founder and CEO of The Fine Art Group, spoke to Bloomberg about the cautious yet opportunistic stance of art dealers and collectors amidst a subdued market environment.

Hoffman reveals that their esteemed clients remain poised to seize promising investment opportunities, reflecting the resilient allure of the art market amidst economic uncertainties. “The dealers are coming here with lower expectations than five years ago amid a quieter market, but our important clients have asked us to report back on what’s here and are ready to spend if they see the opportunity.”

Click here to read the full Bloomberg article.