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RAPAPORT…
Hong Kong-based auction house Tiancheng International
recorded revenue of $29 million (HKD 228 million) in 2016, boosted by the sale of a Cartier necklace this month.Sales were generated from auctions in June and December, while the company also hosted a charity event in June. All the sales were held in Hong Kong.
The December auction was 63 percent sold by lot and almost
60 p…

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