HONG KONG.- From 30 April to 2 May, during Christie's Spring Asian Art Week at its Asia Pacific headquarters at The Henderson, a series of four live auctions of Chinese Ceramics and Works of Art and Chinese Paintings were held, achieving a grand total of HK$567,598,660 / US$73,534,563. The saleroom was packed throughout the series, with competitive bidding driving the hammer price to 114% above the low estimate. The results are a testament to the vibrancy of the market for Asian Art and Christie’s position as the auction house of reference for prestigious collections. Christie's investment in its Asia Pacific home at The Henderson continues to yield strong results and growth – Asian Art sales are up 4% vs Spring 2024, with collectors responding to the new and enhanced collecting experience. Christie's Spring Season in Asia continues with Hong Kong Luxury Week from 22-29 May 2025.

Overview | Chinese Ceramics and Works of Art | 2 May

Live Sales Total: HK$342,431,200 / US$44,363,263 – Up 29% vs Spring 2024

117% Hammer Over Low Estimate

• Across the two sales, close to 30% of lots sold over high estimate, driven by avid bidding.

• The dedicated single-owner sale – Ravishing Blue: Imperial Porcelains From An Important Private Collection was 100% sold and achieved HK$162,613,000 / US$21,067,132, with a hammer price 110% above the low estimate.

• Important Chinese Ceramics and Works of Art totalled HK$179,818,200 / US$23,296,131 and was headlined by a huanghuali single plank-top pedestal table, Jiaji’an from the Collection of Mimi Wong, which more than tripled its high estimate and sold for HK$33 million / US$4.2 million. Overall, the collection hammered at 239% above the low estimate.

• A rare pair of Famille Rose 'Prunus and Lingzhi' Tea Bowls also drew multiple bids, selling for HK$29.4 million / US$3.8 million.

Overview | Chinese Paintings | 31 April – 1 May

Live Sales Total: HK$225,167,460 / US$29,152,138

110% Hammer Over Low Estimate

• Competitive bidding across the auctions led to almost half of lots sold above high estimate.

• The category continues to attract a new and younger generation – close to half of new buyers to the sale were Millennials or younger.

• Fine Chinese Modern and Contemporary Ink Paintings totalled HK$120,547,740 / US$15,607,159, headlined by Zhang Daqian’s In Search of Paradise, hailing from a prestigious Asian collection, which sold for HK$14.2 million / US$1.8 million.

• Fine Chinese Classical Paintings and Calligraphy realised HK$104,619,720 / US$13,544,979, led by the Poon Family Collection’s Album of Small Standard Script Calligraphy by Zhu Yunming (1460-1526), Wang Duo (1592-1652) and others, which achieved HK$13 million / US$1.7 million, more than double its high estimate.