Christie’s Asian Art Spring Auctions Totals HK$805 million in Hong Kong

This season, works offered across our series of live and online Chinese Paintings sales totalled HK$456 million, with 65% of lots sold above high estimates. Zhang Daqian's splash-ink masterpiece Temple at the Mountain Peak fetched over HK$200 million, the second-highest price ever achieved for the artist at auction, a testament to our continued leadership in offering works by the illustrious artist. Wen Zhengming's Seven Poems in Running Script topped our offering of Classical Chinese Paintings to realise nine times its pre-sale low estimate at HK$18,250,000.

ZHANG DAQIAN (1899–1983), Temple at the Mountain Peak. Hanging scroll, ink and colour on gold paper. 127.7 x 63 cm. (50 14 x 24 34 in.). Dated 1967. Second-highest price ever realised for the artist at auction. Sold for HK$209,100,000 on 24 May 2021 at 20th and 21st Century Art Evening Sale
ZHANG DAQIAN (1899–1983), Temple at the Mountain Peak. Hanging scroll, ink and colour on gold paper. 127.7 x 63 cm. (50 1/4 x 24 3/4 in.). Dated 1967. Second-highest price ever realised for the artist at auction. Sold for HK$209,100,000 on 24 May 2021 at 20th and 21st Century Art Evening Sale
WEN ZHENGMING (1470-1559), Seven Poems in Running Script. Handscroll, ink on paper. 35.2 x 700 cm. (13 78 x 275 58 in.). Dated 1540. Sold for HK$18,250,000 on 26 May 2021 at Fine Chinese Classical Paintings and Calligraphy
WEN ZHENGMING (1470-1559), Seven Poems in Running Script. Handscroll, ink on paper. 35.2 x 700 cm. (13 7/8 x 275 5/8 in.). Dated 1540. Sold for HK$18,250,000 on 26 May 2021 at Fine Chinese Classical Paintings and Calligraphy

Prominent private collections and themed curations also performed extremely well. Notably, The Collection of Zhang Xinjia was 100% sold, realising almost three time its pre-sale high estimate, while all works from our selection of Buddhism in Art found buyers. The season's performance represent our continued strength in offering renowned private collections of extraordinary Chinese paintings to distinguished collectors.

Chinese Ceramics and Works of Art held three live auctions over the course of the week to achieve close to HK$350 million, with 59% of lots sold above high estimates. The sales were highlighted by A Magnificent and Exceedingly Rare Huanghuali Folding Horseshoe-Back Armchair, Jiaoyi, Late Ming-Early Qing Dynasty, 17th Century from our Classical Chinese Furniture From Heveningham Hall sale.  The highly sought-after work sold for HK$66 million, 5.5 times its high estimate, to establish a new world auction record for a huanghuali folding armchair.  

We also had the privilege of presenting An Important And Extremely Rare Blue And White 'Kui Dragon' Jar, Xuande Six-Character Mark In Underglaze Blue Within A Double Circle And Of The Period (1426-1435) from the private collection of the esteemed Mr. Robert Chang, which was acquired for HK$31,450,000. Proceeds from the sale will benefit The Robert Chang Art Education Charitable Foundation. Collectors also heavily pursued the stunning array of ceramics offered in Dragons From The Empire – Imperial Ceramics From The Yidetang Collection, with A Very Rare Famille Rose Lemon Yellow-Ground ‘Nine-Dragon’ Deng and Cover, Qianlong Period (1736-1795) soaring above the pre-sale high estimate of HK$5,500,000 to realise over HK$11,000,000.

The exceptional Spring season also saw Asian Art Week in New York achieve a total of US$55 million, with global participation from over 41 countries and five continents. Unique visitors from over 117 countries visited the online sale landing pages and nine lots exceeded US$1 million.

The top lot of the series and across all auction houses was the Luboshez Gong from the Daniel Shapiro Collection, which sold for US$8,604,000. Six out of 10 top lots sold to Asian buyers, complemented by strong WeChat participation. Five world auctions records were set, including for a woodblock print of Hokusai’s The Great Wave and Francis Newton Souza’s 1946 work on paper, Family, while a monumental 3rd-to-4th century gray schist figure of Buddha Shakyamuni realised US$1,950,000.

The stellar results demonstrate the tremendous appetite for quality properties rarely seen on the market and is testament to Christie's global expertise in sourcing and curating works that speak to collecting trends. We are now inviting consignments for our upcoming Asian Art sales. Please feel free to contact our specialists worldwide for a complimentary and confidential valuation.


Interested in consigning?

We are now inviting consignments to our upcoming sales. Please contact us to arrange an appointment for a complimentary and confidential evaluation.


Consign with
Chinese Paintings
Hong Kong
Kim Yu (Chinese Paintings)
chinesepaintings@christies.com
+852 2978 6723
+852 6297 1435

Singapore and Malaysia
Victoria Huang
vhuang@christies.com
+65 6715 9360
+65 9187 1715

North America
Amy Riggs and Sophia Zhou (Chinese Paintings)
nychinesepaintings@christies.com
+1 212 641 5760
+852 6297 1435

Europe
Zheng Ma (Chinese Paintings)
zma@christies.com
+33 140 768 367

Chinese Ceramics and Works of Art
Hong Kong
Marco Almeida
malmeida@christies.com
+852 2978 6735

North America
Olivia Hamilton (Chinese Ceramics and Works of Art)
asianartny@christies.com
+1 212 636 2180

London
Kate Hunt
khunt@christies.com
+44 20 7752 3389

Paris
Tiphaine Nicoul
tnicoul@christies.com
+33 1 40 76 83 75