In slowing economy, auction firms work off-season   

经济下滑致拍卖公司"剑走偏门" 望填补淡季空白

在中国经济下滑、拍卖市场出现调整的背景下，荣宝斋(上海)和香港佳士得不约而同选择“剑走偏门”，一个打“低估价牌”举办夏季拍卖会争夺淡季市场，一个借中国刚刚兴起的“葡萄酒热”举办名酿拍卖。

Shanghai (CNS)-- Rongbaizhai (Shanghai) Auction Company has added summer and winter fairs to bolster the traditional spring and autumn seasons for auctions.

The fair aims to fill in a market blank and speed up circulation of collections and capital flow among collectors, said Xu Juan, general manager of Rongbaozhai.

Turnover hit 139 million yuan on Saturday, the first day of the company's summer auction fair.

Also on Saturday, Christie's (Hong Kong) held two fairs themed on wine, with a total turnover of 35 million yuan.

Wine culture is taking shape in China, and we are grabbing the market opportunity, said Tan Yeming from Christie's.