HONG KONG ASIAN ART 2025 SECOND HALF PROJECTED TOTAL: HK$1B / US$129M

From 28 October to 3 November during Hong Kong Asian Art Week, Christie’s held six live auctions which achieved a grand total of HK$954,583,170 / US$123,431,804, up 13% versus last year, and a hammer price of 136% above the low estimate, demonstrating the strength of the Asian Art market.

Leading the Asia market this season, the auctions of Fine Chinese Classical Paintings and Calligraphy and Fine Chinese Modern and Contemporary Ink Paintings totalled HK$506,559,270 / US$65,533,877 – up 86% versus the same period last year, and achieved an exceptional average hammer price of 221% above the low estimate – a testament to the demand for the category. The top lot, Ni Zan’s River Pavilion, Mountain Colours realised HK$160 million / US$20.7 million and became the first Asian Art masterpiece this season to exceed HK$100 million. Amongst the highlights, Fu Baoshi’s Seven Sages of the Bamboo Grove sold for HK$59 million / US$7.6 million, tripling its low estimate.

Christie’s Chinese Ceramics and Works of Art sales – The Ai Lian Tang Collection – Imperial Scholar’s Objects; The Au Bak Ling Collection Volume II; and Important Chinese and Asian Works of Art – totalled HK$370,088,900 / US$47,858,490, and achieved an overall hammer price of 112% above the low estimate. 43% of lots sold exceeded their high estimates – a reflection of heated competition in-room and remotely.

Christie’s first dedicated live sale in Hong Kong of Indian, Himalayan and Southeast Asian Art achieved a total of HK$77,935,000 / US$10,077,338. The sale marked the launch of Christie’s new global strategy to bring the finest objects from the category to collectors around the world through sales in Hong Kong, New York, London, and Paris.

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