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Philips auction house to set up Asia headquarters in Hong Kong next to new M+ museum

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The West Kowloon Cultural District Authority (WKCDA) has announced that it is leasing the main floors of its administrative block adjacent to the M+ Museum to Russian-owned auction house Philips to use as its Asia headquarters. The deal, announced on 16 December, was significant. , said the public body’s chief executive officer, Betty Fung Ching Suk-Yi, and marked the beginning of the authority’s “long-term collaboration with Philips to contribute to the local, regional and international arts and …”

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