Phillips to open saleroom in Hong Kong Phillips to open saleroom in Hong Kong

"It's a very exciting market," says Edward Dolman who is spearheading the expansion to Hong Kong. A former Christie's employee who during his 27 years there launched salerooms in Paris, New York and Hong Kong who joined the auction house as its chairman and chief executive in July. Dolman came to Phillips after three years working in Qatar for the Museums Authority.

Hong Kong is not an unknown market to the auction house, their last sale in Hong Kong was in November 2011 and included the Swatch Blum Collection, which made HK$51m.

Phillips, who are currently moving their London business to a 73,000 sq. ft luxury building on Berkeley Square in the heart of Mayfair also plans to expand its contemporary sales to include more art from emerging markets such as China, the Middle East and Africa.

"We are going to do our best to align Phillips with these new contemporary art movements worldwide," says Dolman,  a saleroom in the Middle East is also "an option," he continues but for now "our priorities will be into the bigger markets like Hong Kong."

See all Phillips lots on Barnebys here.