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  • Press release
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  • Hong Kong
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  • For immediate release
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  • 30 May 2017

RESULTS: Spring Chinese Paintings Auctions at Christie’s Hong Kong Totalled HK$ 491,948,750 / US$ 63,439,121

49% of Lots Sold Above High Estimate

 On 29 and 30 May 2017, Christie’s Hong Kong held four auctions of Chinese Paintings - Chinese Contemporary Ink, Fine Chinese Classical Paintings and Calligraphy, Fine Chinese Modern Paintings and the stand-alone Resplendent and Glorious - Ancient Temples Amidst Clouds previously from the Mei Yun Tang Collection sale which together realised a total of HK$491,948,750 /US$63,439,121.

The top highlight from this series of sales was Ancient Temples Amidst Clouds by Zhang Daqian, which realised HK$102,460,000/US$13,212,699. Please click HERE for the results of this stand-alone sale.

Ancient Temples Amidst Clouds by Zhang Daqian: HK$102,460,000/US$13,212,699

Please click HERE for the results of the Chinese Contemporary Ink sale which took place on 29 May 2017 and totalled HK$17,715,000/US$2,284,433, with 84% sold by lot and 91% sold by value.

The top lot for the sale was West Wind and East Water by Qin Feng, which realised HK$1,980,000 / US$255,330.

West Wind and East Water by Qin Feng: HK$1,980,000 / US$255,330.

Please click HERE for the results of the Fine Chinese Classical Paintings and Calligraphy sale which took place on 29 May 2017 and totalled HK$76,507,500/ US$9,866,005, with 64% sold by lot and 79% sold by value.

The top lot for the sale was Landscape in Rain by Jin Tingbiao, which realised HK$9,660,000/US$1,245,702.

Landscape in Rain by Jin Tingbiao: HK$9,660,000/US$1,245,702

Please click HERE for the results of the Fine Chinese Modern Paintings sale which took place on 30 May 2017 and totalled HK$295,266,250/US$38,075,984, with 75% sold by lot and 86% sold by value.

The top lot for the sale was Guanyin After Early Tang Style by Zhang Daqian, which realised HK$ 39,740,000/US$5,142,660.

Guanyin After Early Tang Style by Zhang Daqian: HK$ 39,740,000/US$5,142,660

Please click HERE for the results of the Exquisite Eye: Chinese Paintings Online sale which took place from 22-29 May and was 83% sold by lot.

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie's is also recognised as a reference for prestigious single owner collections, having auctioned 8 of the 10 most important collections in history.

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability through net zero carbon emissions by 2030, and actively using its platform in the art world to amplify under-represented voices and support positive change.

Browse, bid, discover, and join us for the best of art and luxury at: www.christies.com or by downloading Christie’s apps. The COVID-related re-opening status of our global locations is available here.