The largest art fair in East Asia is back in earnest, having increased from 177 exhibiting galleries in 2023 to 291 galleries in 2025. All the mainstays are here—from Gagosian to Hauser & Wirth to David Zwirner to Jeffrey Deitch—and a section dedicated to large-scale work, Encounters, is not to be missed. Other highlights include Conversations, a series of panel discussions curated by the editor Stephanie Bailey, who will pair industry leaders on the subjects of rave culture as an art form and what young artists are learning from A.I. —Elena Clavarino