Sotheby’s yesterday unveiled the purchaser of Monet’s Bassin Aux Nympheas, Les Rosiers as the Dalian Wanda Group

Mr. Guo Qingxiang, who is in charge of the art collection of Wanda Group, said, “Dalian Wanda Group has been actively collecting Impressionist and Modern Art in recent years. Since the purchase of Picasso’s Claude et Paloma in 2013, we have been devoted to collecting original and important works representative of key developments in art history. Wanda Group will continue to enrich its collection with works by the most significant artists in the world and remain devoted to raising the awareness and knowledge of mainland Chinese collectors in Western art.”

Unseen in the auction market for over two decades, Bassin aux nymphéas, les rosiers represents the artist at the height of his mature style, and ranks as one of the most important examples among the boldly modern works of Monet’s career, when Monet elevated the tenets of Impressionism to new heights. Painted in 1913, Bassin aux nymphéas, les rosiers depicts a rose arch overlooking the tranquil surface of a pond with scattered clusters of water lilies.

The Asian Wealth Times reported here on Sotheby’s New York auction last week where $96 million was spent on Van Gogh and Picasso by Asian based buyers.