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Gigi HO

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gigiho@christies.com

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RESULTS | Asian Buyers Continue To Drive Global DemandHong Kong Spring Auctions Achieved HK$3.5 Billion / US$458 Million

Combined Sell-Through Rate of 88%More Than Half of All Lots Sold Above High Estimates38 World Auction Records Established Across CategoriesGlobal Buying From 58 Countries
Corporate Announcements
Hong Kong APAC 28 May 2021
RESULTS | Asian Buyers Continue To Drive Global DemandHong Kong Spring Auctions Achieved HK$3.5 Billion / US$458 Million

PRESENTING AN UNRIVALLED QUALITY OF CURATION TO GLOBAL COLLECTORS

Three Masterpieces Each Realised Over HK$200 Million

20th and 21st Century Art Achieved

The Highest Ever Sale Total For the Category at Christie’s Asia

New Price Benchmark Set for Jean-Michel Basquiat in Asia

Takes Market For Iconic Artist To The Next Level

Fostering Emerging Collectors Through Non-Selling Events & Education Hub

Radiance: The Basquiat Show Drew 15,000 Visitors

20% Millennial Buyers Signal Shift in Collecting Trends

Strong Engagement With Luxury Collectors Deliver Historic Performance

Considered Asian Art Curation Fuels Solid Sell-Through Rates

DIGITAL PROWESS PUTS ASIA ON MAP

Over 5.5 Million Global Viewers Tuned In To Livestream Auctions

22% YOY Increase In New Buyers to Christie’s

26% YOY Increase In Online Registrants Expand Digital Reach

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Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* 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.

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