Home > Press Release > 2022 > APAC > Christie’s Hong KongHK$6.4B / US$...
3 December 2022

Flora FUNG

+852 2978 6719

florafung@christies.com

Flora FUNG

+852 2978 6719

florafung@christies.com

仲维 秦

+86 10 8572 7950

zqin@christies.com

融 林

+86 10 8572 7952

rlin@christies.com

See all contacts

Christie’s Hong KongHK$6.4B / US$835M ANNUAL RUNNING TOTAL FOR 2022

Third Highest On Record Exceeding Pre-Pandemic Level
Hong Kong APAC 3 December 2022
Christie’s Hong KongHK$6.4B / US$835M ANNUAL RUNNING TOTAL FOR 2022

HK$2.7B / US$349M

109% Hammer Above Low Estimate

21% New Buyers | 40% of New Buyers Were Millennials | 30% of Buyers Bought Online

15 AUCTION RECORDS SET AND 58 LOTS ACHIEVED OVER HK$10M

ACROSS ART & LUXURY

 

SINGLE-OWNER SALES OF PROMINENT PRIVATE COLLECTIONS

100% SOLD

 

PARTICIPATION FROM 51 COUNTRIES ACROSS 6 CONTINENTS

Bringing the Very Best Cross-Category Art and Luxury to Our Global Client Base

 

RECORD-BREAKING 30 MILLION VIEWERS WORLDWIDE

WATCHED THE AUCTION LIVESTREAMS

20th / 21st Century Art Achieved HK$3.4B / US$436M in 2022

Second Highest Annual Total for the Category at Christie’s Asia

| Autumn Auctions led by Joan Mitchel’s Untitled, which sold for HK$83,350,000 / US$10,720,227,
the debut of the Abstract Expressionist female artist at Christie’s Asia |
| 20th / 21st Century Art Day Sales achieved 146% hammer over low estimate,
with strong results for young and emerging artists |
| First-in-Asia sale dedicated to Marc Chagall 100% sold, with 192% hammer above low estimate |
| Strength of Christie’s curatorial approach demonstrated thorough diversity of artists from East and West |

 

 

 

3 Chinese Works of Art Live Auctions Achieved 171% Hammer Over Low Estimate,

with 58% of Lots Exceeding High Estimates

| Prominent single-owner collections 100% sold, including:
“The Chang Wei-Hwa Collection of Archaic Jades Part IV – The Qin and Han Period”
“Rich Golden Hues and Graceful Forms – Classical Chinese Furniture From The Tseng Collection”
 “Important 17th Century Porcelain from the Butler Family Collection” |

 

 

 

Chinese Paintings

| Prominent single-owner collections 100% sold, including:
“Important Lin Fengmian Paintings From The Robert Chang Collection”
“Important Huang Binhong Paintings And Calligraphy From The Xicha’an Collection” |
 

Luxury Categories Reached HK$2B / US$258M for Second Consecutive Year

| All-time record year for Wine & Spirits, with a running total of HK$462M / US$60M |
| “Iconic Wines From Joseph Lau Parts I & II” totalled over HK$125M / US$16M,
with 204% hammer above low estimate |
| Handbags & Accessories achieved combined sale total of HK$140M / US$18M for 2022 in Asia –
the highest annual sale total ever for the category globally |
| Watches realised annual sale total of over HK$500M / US$69M for 2nd consecutive year at Christie’s Asia |
| Running total for “The Champion Collection” of watches, parts I-VI, over HK$316M / US$41M,
with 149% hammer above low estimate |
| “Magnificent Jewels Including the Collection of Rosamund Kwan” totalled HK$359,380,860 / US$46,222,488 |

 

 

 

Preview and Sales Drew Almost 10,000 Visitors,

Supplemented with 13 Hybrid Programmes by Christie’s Education

Notes To Editors

 

Download Link to All Press Releases for the Hong Kong Autumn Auctions: Please click here.

Visuals

All Images

About Christie’s

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.