Warhol 'Mao' painting sold for $12.6 million in Hong Kong

HONG KONG (Reuters) - An Andy Warhol portrait of former Chinese leader Chairman Mao Zedong has sold for $12.6 million at a Hong Kong auction, less than the $15 million it was expected to fetch.

The painting was sold to a private Asian collector at Sotheby's evening sale on Sunday.

Warhol began his series of silk-screen portraits of Mao in 1972 when ties between then Cold War foes China and the United States began to thaw after U.S. President Richard Nixon's historic trip to Beijing.

(Reporting by Reuters Television; Editing by Michael Perry)

Must Read

'Dangal' becomes China's biggest non-Hollywood...

May 23, 2017

The Aamir Khan film "Dangal" about an Indian man training his daughters to become wrestlers has...

Moody's China downgrade 'illogical', overstates...

May 25, 2017

US-CHINA-ECONOMY-RATING:Moody's China downgrade 'illogical', overstates debt: People's Daily

Chinese Nobel laureate's death turns focus to...

Jul 14, 2017

Friends of Chinese Nobel Peace Prize laureate Liu Xiaobo's family say efforts to persuade the...

China opens movie theater on disputed South China...

Jul 24, 2017

China has opened a state-of-the-art movie theater on disputed Woody Island in the South China Sea's...

Strong quake strikes southwest China, 13 dead,...

Aug 9, 2017

A strong earthquake has shaken a mountainous region in southwestern China near a famous national...

Sign up now!