Thursday, August 11, 2011

Man to pay can go far? Whither the future?

Culture and art exchanges, a new name, a platform of transaction, is an emerging industry, similar to the stock exchange, therefore, also known as "stock art" Exchange. Fact is to make art as a capital capitalization. Where the art of cross-cultural application of capital to the market and consumption process, to produce value-added and financial benefits, and through the arts capital for the operation of capital, financial capital of the art as derivative products, you can build a more integrated number of financial capital markets in order to gain high profits in the process and system. This is the art capital in the process of using a new strategy. Therefore, there is a fresh produce at the beginning, irritating.

The first to eat crab

Tianjin cultural art exchanges, as the first one to eat crabs, have recently received widespread attention. Not only that, it's art shares listed on the first day, it rose 100%, and in just two or three months rose as much as 17 times the market value of breaking billion. Therefore, it's every move, once considered the national benchmark. Because of this, the stock was excessive pursuit of art, bring to the market madness, suffering people to question and stand on the cusp, it seems that there is a looming Wind trend. Nowadays many people care about is how this emerging industry in the future go? Forward? Back? Right or left? This new culture and art form of transaction, in many places "in the development of cultural industries, anxiety and a breakthrough in the selection process, the connection seems to be a straw capital and industry." Difficult to predict, Once you have this impulse in the provincial cities would rush into the sky, everywhere.

Chinese art market as an emerging market, emerging market patterns, in some cases, must go through a transformation from traditional to modern, must also be in the form of the process of transforming the market to continue to grow and grow. Because it is a cultural change in ideas and values ​​can not be plain sailing. Along with the changes in artistic production patterns, arts consumption, capital is not just an artistic matter or the form of money, more importantly, it is a kind of social forces driving the market. Moreover, this power is multifaceted, both the power of art, but also the power of capital, as well as market forces. And this the biggest bright spot trading platform is the artistic capital of the social and popular. Under normal circumstances, the arts capital of the path of social and mass no more than several: one is the art of the share of capital resources, securitization; one is the institutional investors, enterprise; Another is the operating system support the social, industrial. Therefore, it is the culture of development and capital market operation of a convergence and integration, of course, the Chinese cultural market and the capital development of a major innovation.

Culture Exchange do?

The industry believes that cultural exchanges are six basic functions: First, works of art worth the discovery, excavation and construction of the platform. Second, the release and artistic property trading platform. Third, art market, investment and financing platform. Fourth, the main hatch art market platform. Fifth artistic property registration hosting platform. Sixth, the art capital of incubation, the service platform with the cultivation of cultural capital.

We know that any form of capital are the risks and benefits of operational co-exist, often, behind the high profits is often accompanied by a high-risk season, artistic capital of the operation is no exception. Especially the Chinese art market is still in the immature stage of development, the arts capital of the also still in the exploratory stage, the operational risk is often greater.

So, how high levels of the art market in the financial resources of the process, so that along the "resources and assets, asset capitalization, ownership of capital, property finance" of such a clear line of normal operation and Development, is placed in front of us a major issue. Because art is a special kind of resource, can not be used to apply non-art thinking, combined with its unique form in different regions will be the phenomenon of art and art resources. Therefore, the only complete resource assets of the art market, property rights, capital of the depth of integration with the financial markets before they can fully adapt to and take full advantage of the final multi-level art capital of China's market, the financial resources to complete the art market of the final transformation.

Whither the future?

However, the crazy trend of the stock art, culture and industry is also mixed.

First, the art trade, the auction had mainly to meet the individual needs, in general, is exclusive and narcissistic individuals. Now it split up, the image on the works of art out of feeling, but also seriously out of price and value.

Second, any securities of online trading products, has a basic requirement - standardization. And any works of art are personalized products, difficult to standardize, not to mention now we did not even minimum standards and the standards of art and the market value, the size and location of known high and low mixed together, it is even more impossible to measure .

Furthermore, the alleged cross-listed Tianjin, Wen Yan Geng white landscape as "Pak Water Act," may "into Chinese painting history." In a sense is a false information. Pak landscape of artistic achievement is not high in any case can not go down in history set. Therefore, this transaction prices artificially high, can easily lead to misleading marketing of real art. In any case not because he will talk to Xu, Chang and other neck and neck, both artistic achievement or the market price. Deviate from the artistic value of this extremely misleading, let the share trading is also facing a huge risk.

Also, most people are hard to Kam genuine works of art transactions, because the market, "counterfeiting, fake goods, fake shot," a very serious problem. Coupled with identification of areas in the art, there is also a lack of credibility of the domestic authorities, agencies and institutions not a valuation of the Chinese art to establish a sound system, the shadow price do Board has long been the art market. Therefore, the text irresistible Exchange also face such problems to.

Finally, the total market value of Tianjin, Wen pay tens of millions, however, the plate is very small, very easy to control disk was big money. Behind the surge of the stock market is to accumulate the investment risk, the key is who is going to take this last one stick? The industry admits: "trouble sooner or later, just a matter of time, which makes us think of the Dutch tulip has been the event, how many people irrational pursuit final ruin."

Of course, although the community was questioned by the cross-cultural art Tianjin securities transactions, but the market still believes that "stock art" is a new thing, it works in the Chinese market is still in its "infancy" period, the short-term emerging market trend is also inappropriate to draw conclusions prematurely. Art of social, financial-oriented works of art will get more attention, which promote the development of Chinese art market, particularly in the international, has played an irreplaceable role. Therefore, for the first "to eat crab" people to support and encourage.

No comments:

Post a Comment