Art Basel is offering support to dealers exhibiting in its Hong Kong fair this coming year, with a 5% to 10% discount on stand fixtures such as walls, flooring and lighting, which some speculate is an attempt to lure uneasy galleries in the wake of the protests in Hong Kong. “The $200,000 cost of doing Art Basel in Hong Kong is the difference between a small or mid-tier gallery going under. We are prepared to take the risk but we would like that properly acknowledged,” said one anonymous dealer.
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