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30 May 2022

Gigi HO

+852 2978 6719

gigiho@christies.com

Gigi HO

+852 2978 6719

gigiho@christies.com

Flora FUNG

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florafung@christies.com

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Hong Kong Spring Auctions Achieved HK$3.35B/ US$428M

Combined Sell-Through Rate of 93% by Lot56 World Auction Records Established Across Art and Luxury Categories+33% Millennial Buyers, +28% New Buyers, +52% Online Contribution Year on Year
Hong Kong APAC 30 May 2022
Hong Kong Spring Auctions Achieved HK$3.35B/ US$428M

20th/21st Century Art: Sustained Leadership of the Asian Market 

20th/21st Century Art Sale Series Achieved HK$1.8B/ US$231M
Second Highest Ever Total for the Category at Christie’s Asia
Masterpieces by Zao Wou-ki and Picasso Sold Over HK$100M to Asian Buyers
100% Sold for Works by Japanese Artists
35 World Auction Records Set for Established and Rising Artists, led by Adrian Ghenie 

Record Season for Luxury Since 2015

Solidifying Market Leadership in Wine and Handbags
Wines Achieved Highest Ever Sale Total for the Category at Christie’s Globally at HK$209M/ US$27M
Watches Fetched Highest Ever Sale Total for the Category at Christie’s Asia at HK$299M/ US$38M 

Single-Owner Sales of Prominent Private Collections 100% Sold

The Visionary’s Spectacular Cellar Totalled HK$132M/ US$17M
The Most Valuable Single-Owner Wine Collection Ever Sold at Christie’s Globally

The Champion Collection Part III: The Artistry of Complications Totalled HK$157M/ US$20M

Louis Vuitton Trunks from a Prominent Japanese Collector Totalled HK$2.3M/ US$300K

Asian Art Saw Continued Enthusiastic Participation from the Greater China Region,
with significant growth by 3x in Southeast Asian market

Chinese Paintings Attracted Strongest Ever Participation from Millennial and New Buyers 

Flesh and Soul: Bacon/Ghenie Exhibition Drove Continued Cultural Exchange and
Education
for the Wider Community
Exhibition drew over 10,000 visitors, supplemented with 9 hybrid programmes by Christie’s Education

Over 20,000 Visitors Drawn to Auction Preview
8M Viewers Worldwide Watched the Auction Livestream

Visuals

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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.