Chinese art through the development and accumulation of capital markets, and finally shot in the spring of 2010, autumn punches on the market, capital strength makes people scream: “ Chinese art capital times are coming!” while in 2010, known as the first year of China's art capital. According to our statistics and estimates 2010 annual art market auction turnover will reach around 52 billion. Capital Chinese art in the age of capital markets, we should have what psychological preparation and policy measures for them?, did we prepare?
We know that capital investment and collector Favorites the big difference is that one is the limited size of the collector of funds, the more important of which is due to tours and Tibet, Tibet and the benefits and capital investments are generally “ mass-level ” scale, the goal is to maximize the benefits. Second, collection investment on the investment income of the time there is no special definition of clear, many are based on the preferences and market conditions may be; and capital investment is from the production and planning of the day, would set strict deadlines and revenue targets, and specifically by the team of professional institutions and operations. Third collection in the process of investment in the collection is often a weapon that cannot be said to static brake in the family and capital investment in the professional team under the management of the operation of, importance to the value of your investment management, believes in “ ” is the only way to capital appreciation. Through the analysis of the relationship between these relatively significant, we seem to have felt the oncoming art market capital has some of the characteristics of the times. In this case, we have to seize the capital from the following aspects under the condition of some of China's art market orientation:
First of all, habits and grasp the policies and means of capital operation. Careful analysis is the key which is the capital of the fundamentals, which is the operation of the capital. On operation surface which is in general operation, operation of which is policy. In short, does not participate in the operation of capital does not exist, its added value can be achieved only in the movement of capital. Question now is how collector investment in adaptation and beat this operation in the market competition, is the most crucial issue, not simply because it does not adapt to suppress. Because in front of the rule of capital movement, such a complaint-crusade against not only looked pale, and of no practical significance. We believe that in this case, the analysis and research on learning, and constantly adapt, is far more important than this crusade against more reality and more. Formation of the new market structure must have a new marketing ideas to better understanding and awareness.
Second, capital investment will have a clear exit in time. So on capital investment, strategies and plans, once determined, not only into a high profile, and create sky-high at; at the same time, if you want to quit, is unambiguous, at caused market volatility, which is the capital of the character. Capital is also a product of the market, of course, low-price goods high monetization ideas and means of shipment is their simplicity, is also seeking to maximize the benefits of inherent requirements, but we should note is that in this context, capital of wisdom may create a lot of you I don't always know the policies and measures. In a lot of time, due to some local or competition in the capital and market fluctuation on the overall situation, it is inevitable, it is important is that we have to get a good grasp of basic characteristics of capital, always pay attention to market risk. When market volatility is a risk of accumulation and release of a wind vane is risk and more opportunity. So tell us, market volatility is constant, market stability is temporary, especially in the era of the Chinese art market capital, should be even more so.
Third, most core capital investments is to control the accumulation of risks and control risk. Capital of the three main risks: first purchase risks, mainly refers to the price of true and false and; the second, of the unique value of risk management and its environmental breakthroughs; third exit risk, within the prescribed period cannot be set to expected shipments of realisation. Capital means there are two major dimensions of risk aversion, a short term, the so-called realistic risk aversion of method, such as models of current concern of mark spread ordered artists and classics is a typical way. Second is long-term of, is constructive risk aversion, this main is means in art capital of strong participation and the promote Xia, capital of some rational spirit, and concept and the normative operation system and experience, will constantly to promote China art market system and specification operation mechanism of development and established, makes art market and capital constantly integration and formation a can continued of ordered development of market form, from fundamentally reduced because does not specification by brings of investment risk.
Most worth concern of is, entered capital era of China art market need of is a fundamental of market transformation, in this a transformation process among, may occurs maximum of changes not other, but China art market basic structure of changes, this structural changes will led we existing of some awareness, and concept, and system or even is some old of investment sexual experience and knowledge, are has may need again carding and review. In these situations, our attitude is valued, continuous learning, the times, is not available because it does not understand, do not adapt and a lot of time on the State of the market in the new confrontation and criticism. Art capital brings us may just the form of major changes in the market and moreAre we a new vision and understanding of the art investment.
