A Chinese emperor's throne dating from the Qing Dynasty has fetched 11 million US dollars at a Sotheby's sale in Hong Kong. (Photo Source: CCTV.com) Photo Gallery>>>

    BEIJING, Oct. 9 -- A Chinese emperor's throne dating from the Qing Dynasty has fetched 11 million U.S. dollars at a Sotheby's sale in Hong Kong. And that staggering sum breaks the auction record for Chinese furniture.

    The "dragon" throne from the Qing Dynasty's Qianlong period had been given a presale estimate of 4 million U.S. dollars. It features elaborate carvings, with a 5 dragon motif symbolizing the emperor.

    Auction giant Sotheby's raked in a higher-than-expected 168 million U.S. dollars or so in total sales for its autumn Asian sales in Hong Kong. And some think this could be a return to positive sentiment on the Chinese art market.

    (Source: CCTV.com)

A Chinese emperor's throne dating from the Qing Dynasty has fetched 11 million US dollars at a Sotheby's sale in Hong Kong.(Photo Source: CCTV.com) Photo Gallery>>>