Luo Zhongli's Oil Painting "Hug" Being a Bright Spot

Oil painting “Hug” was painted in 2009 by Luo Zhongli at Hongsheng’s auction house for 5.98million yuan on July 7th . It was said that it was auctioned by a Shanghai’s collector, and this painting became the highest prize of the auction. Recently, Luo Zhongli’s paintings had a remarkable response, and his paintings were popular among the professional collectors.Since the spring of 2012, Hongsheng’s auction house had successfully sold the third phase of a high-quality good of Luo Zhongli, such as the spring of 2012 “Embracing Series”(200 x 160 cm) with a deal for 5.29 million, the Autumn of 2012, “Crossing River Series” (160 x 160 cm) for 5.52 million yuan, and "Hug", the biggest work, at a higher price. His new style of paintings laid a solid market foundation for the painting auction.

Why is the third stage of Mr.Luo favored by the market? Ms. Sun Peishao said, as a famous artist, Mr.Luo was a flag of recovering the Chinese contemporary art market for his stable market. In the comprehensive corrections and adjustments of Chinese contemporary art market , only those who received double sure in the history of academic and artist could stand out. Mr. Luo was a typical representative of them. When it comes to the work of the third stage of Mr. Luo. Ms. Sun Peishao also said,  Mr. Luo ‘s the third phase of a boutique creation ton the market was not more than 10 pieces, and the "Hug" was a very important subject in the "native series". There is no doubt that this painting deserved the high price.