Tang Contemporary Art has closed its Hong Kong branch amid accusations of overdue payments to artists, landlords and service providers. The closure took place in June, and the gallery's Hong Kong director, Vivian Har, confirmed that the business is facing major operational challenges across the region. Founded in Bangkok in 1997 by Zheng Lin, Tang continues to operate spaces in Bangkok, Beijing, Seoul and Singapore, the last opened in 2024, and has been a regular at fairs including Art Basel Hong Kong and Miami Beach, Frieze Seoul, Expo Chicago, the Armory Show and Taipei Dangdai. The financial picture emerging is stark. A document from Sino Real Estate Agency, acting for the landlord Grand Apex Ltd., demands HK$1.6 million (around $201,000) in overdue rent covering January to August of this year, plus fees and interest. The document notes that a bailiff has already seized and auctioned property from the premises without satisfying the debt. The gallery did not respond to requests for comment. Artists have told The Art Newspaper that the gallery failed to pay them for sales for up to a year and refused to return consigned works on demand. Shanghai artist Lin Fanglu said the gallery owes her 160,000 yuan (about $23,800) and is holding eight of her works overseas; she even offered to cover the gallery's expenses if it would return two works currently in Beijing. New York-based Li Nianxin said the gallery owes her and Deng Shiqing about $10,000 each following their joint show at the Hong Kong space. A Thai artist has filed a legal complaint in Thailand alleging breach of contract, demanding more than 15 million baht (around $450,000). With the Hong Kong space gone and claims mounting in several countries, the episode has become one of the most significant gallery collapses in the region in years.