"GALLOPING HORSE", BY XU BEIHONG (1895-1953) Ink and color on paper, hanging scroll. Signed Beihong, with one seal of the artist and two collector's seals. Dated renwu year (1942). Provenance: The personal collection of Li Yanshan (1898-1961), and thence by descent. Collector's seal "Yanshan suocang shuhuayin" applied to scroll border. Li Yanshan was a renowned Chinese painter, calligraphist, poet, art educator and Chinese art connoisseur. He was hailed as a master of Guohua landscape painting. Condition: Superb condition with only minor stains. Dimensions: 67 x 55 cm (the painting) and 195 x 63 cm (the scroll) Xu Beihong is primarily known for his ink paintings of horses. He was one of the first Chinese artists to articulate the need for artistic expressions that reflected a modern China at the beginning of the 20th century. He is regarded as one of the four most important pioneers of Chinese modern art. Auction result comparison: Compare with a closely related standing horse of 56 x 38 cm from 1943 at Bonham's Hong Kong in Fine Chinese Paintings and Southeast Asian Art, 27 Nov 2017, lot 188, sold for HKD $2,250,000. 《奔馬》，徐悲鴻 (1895-1953) 紙本設色，挂軸。簽"悲鴻"，一個藝術家鈴印，兩個收藏印。壬午年 (1942)。 來源：李研山（1898-1961）個人收藏，保存至今。軸上可見藏家印鑒"研山收藏書畫印"。李研山曾是一位著名中國畫家、書法家、詩人、美術教育家以及書畫文物鑒定傢，被譽爲中國山水國畫大師。 品相：品相極好，僅輕微污漬。 尺寸：畫面67 x 55 厘米，挂軸195 x 63 厘米 拍賣結果比較：一件相似《馬》 56 x 38 厘米 （1943年）于香港邦翰思《中國繪畫與東南亞藝術》2017年11月27日拍號 188，成交價HKD $2,250,000。