Hong Kong International Art Fair Lures Wealthy Buyers

The glittering Hong Kong International Art Fair opens on Thursday, featuring works by artists from Picasso to Chinese dissident Ai Weiwei and cementing the city's status as a global art hub.More than 260 galleries from 38 countries, representing an even split from the West and the East, have booked space at the four-day event known as Art HK, now in its fifth edition.

India's biggest art fair opens on Friday, pulling in dozens of foreign galleries seeking to tap a new breed of buyers in one of the world's fastest-growing economies.Now in its third edition, the annual Indian Art Summit has expanded sharply in both size and prominence, with 84 galleries taking part this year compared with 55 last time.As well as offering rare global exposure for Indian artists, it also provides an exploratory platform for overseas dealers who feel India's booming economy is minting a sizeable pool of wealthy buyers interested in international art.