Home > Press Release > 2016 > APAC > Chinese Paintings Sale Results
31 May 2016

Chinese Paintings Sale Results

Hong Kong APAC 31 May 2016

 

RESULTS | Spring Chinese Paintings auctions in Hong Kong total

HK$590,436,500 / US$ 76,392,255 

 

Christie’s Hong Kong auctions of Chinese Contemporary Ink, Fine Chinese Classical Paintings, Calligraphy and Fine Chinese Modern Paintings as well as 7 lots included as part of 30 Years: The Sale was held on 29, 30 and 31 May 2016, and realised a combined total of HK$ 590,436,500 / US$ 76,392,255

 

Please click HERE for the results of the Chinese Contemporary Ink sale which took place on 29 May 2016 and totalled HK$26,371,250 / US$3,411,983. The sale was 77% sold by lot and 90% sold by value, with buyers from 7 countries and 2 continents. The top lot for the sale was Northern Peaks by Li Huayi (illustrated right), which realised HK$4,240,000 / US$548,583.

 

Please click HERE for the results of Fine Chinese Classical Paintings and Calligraphy sale which was held on 30 May 2016 and totalled HK$83,456,250 / US$10,797,793. The sale was 64% sold by lot and 83% sold by value, with buyers from 18 countries and 4 continents. The top lot for the sale was Autumn Landscape by Zhang Ruo’ai, which realised HK$18,040,000 / US$2,334,064, far exceeding its high estimate.

 

Please click HERE for the results of the sale of Fine Chinese Modern Paintings held on 31 May 2016 which totalled HK$ 375,249,000 / US$ 48,550,719. The sale was 76% sold by lot and 81% sold by value, with 245 buyers from 10 countries. The top lot was Guanyin in Early Tang Style by Zhang Daqian, which realised HK$ 50,520,000/ US$ 6,534,105.

 

For the first time ever, an online sale entitled Exquisite Eye: Fine Chinese Paintings & Calligraphy was held, which realised a total of HK$7,496,250 / US$969,542, close to twice the low estimate. 45% of lots exceeded their high estimate with active bidding from new clients to Christie’s. 

 

For further press information or to speak to a specialist please contact

Lee Bingle: +852 2978 9966 | lbingle@christies.com

 

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* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.