A popular piece of street art destroyed by Hong Kong authorities has been remade and is expected to fetch more than HK$1.5 million (US$192,000) at a Sotheby's auction next week. It comes as experts say the demand for "cutting edge" art is growing across the Asian market with new, younger collectors emerging. The ceramic mosaic of 1970s American cartoon character Hong Kong Phooey -- a mask-wearing dog who is an expert in kung fu -- was created by high-profile French street artist Invader. It first went up on a wall in a quiet street of Hong Kong's upmarket Happy Valley neighbourhood last January.
via Entertainment News Headlines — Yahoo! News
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