Pace will cease to operate its Hong Kong gallery space as of later this month. The gallery will continue to operate offices in both Hong Kong and Beijing. Last year, the gallery Lévy Gorvy Dayan closed its Hong Kong space and has not re-opened in the city. "We are so proud of Pace’s history as the first international gallery to establish a gallery in China, first in Beijing in 2008, then Hong Kong in 2014," they add. "We have such a long and deep commitment to the arts community in Hong Kong and Greater China, and while we are without a permanent gallery space in Hong Kong we will continue to focus on our artist and client relationships through our offices in Hong Kong and Beijing and with greater connectivity to our regional and global teams.