![Art Basel in Hong Kong 2015; image © Art Basel](https://codylee.co/wp-content/uploads/2015/03/Art-Basel-Hong-Kong-2015-.jpg)
Art Basel Hong Kong concluded its third edition this week with impressive sales reports. The fair was launched in 2013 as a satellite to Art Basel, the 45-year old fair in Switzerland that is the most significant annual event in the contemporary art world, and Art Basel in Miami Beach, which was launched in 2002.