Christie's attracts Asian bidders
2 September 2013 Last updated at 07:38 BST
The auction house Christie's, which is famous for art, jewellery and memorabilia, is starting to hold sales online.
It is also the first company of its kind to be granted a license to operate independently in mainland China.
The BBC's Rico Hizon spoke to Jonathan Stone, chairman and international head of Asian art at Christie's, who said the auction market in Asia may overtake the West.