Chinese billionaire Liu Yiqian purchased a Tibetan tapestry for HK$348 million ($45 million) at a Christie’s auction in Hong Kong today, breaking the record for the most expensive Chinese work of art he set in April.
Liu, who bought a HK$214 million Chengua-era ceramic cup -- nicknamed the Chicken Cup for its imperial allegorical depiction using poultry -- and then paid for it with his Centurion credit card at Sotheby’s, plans to show both works in his private Shanghai museum.
