【Hong Kong, November 20, 2026】Christie's Hong Kong Autumn 2026 Auctions concluded successfully yesterday, with the highly anticipated 'Jade Radiance – A Special Sale of Fine Hetian Jade' performing exceptionally well. This once again affirmed the strong collecting demand and stable appreciation potential of the high-end Hetian jade market. The auction featured 85 selected Hetian jade 'ba jian' (play pieces) and small carvings, with 78 pieces successfully sold, achieving a remarkable sell-through rate of 91.76%. The total sales reached an astonishing HKD 285 million, exceeding the pre-sale high estimate by 25%, demonstrating the market's strong pursuit of high-quality Hetian jade.

The star lot of this special sale was undoubtedly LOT 3008, a 'Qianlong Period, Hetian Jade 'Zi' Material auspicious beast 'ba jian''. This piece boasts a warm and delicate jade texture, first-grade whiteness, rich oiliness, and exquisite craftsmanship. The auspicious beast is vividly carved, symbolizing good fortune. After multiple rounds of intense bidding, it was finally hammered at HKD 48 million, far exceeding its pre-sale estimate of HKD 18 million to HKD 25 million. This became the highest-selling lot of the auction and set a new auction record for similar Hetian jade 'ba jian' in the past five years, showing an approximate 15% increase compared to prices of similar pieces in 2023. Another highly anticipated lot, a 'Mid-Qing Dynasty, Hetian White Jade Carved 'Scholar under Pine Tree' Mountain', also sold for HKD 22 million, 30% above its high estimate.

Market Analysis and Trend Prediction:

Mr. Li Ming, a senior jade market analyst, pointed out: “The success of this Christie's Autumn Auction Hetian Jade special sale is not accidental. It reflects a core trend in the current art market, especially the Chinese traditional art market: against the backdrop of increasing global economic uncertainty, hard assets that possess scarcity, cultural value, and artistic merit are more favored by collectors. Hetian jade, as a treasure of Chinese civilization, with its non-renewable nature, unique warm texture, and profound cultural heritage, makes it an excellent choice for hedging and value appreciation. Particularly, fine pieces in perfect condition, from reputable old collections, or with clear dating characteristics, still have significant room for price appreciation.”

From the data, Hetian jade 'zi' material 'ba jian' with high whiteness, high oiliness, no flaws, and exquisite carving performed most outstandingly in this auction, with their prices generally increasing more than other categories. This indicates that collectors' aesthetic standards for Hetian jade are increasingly high, and their pursuit of ultimate pieces combining 'material, craftsmanship, and artistic conception' is stronger. Furthermore, 'ba jian' with Qing Dynasty imperial style or literati elegant themes were also highly sought after, reflecting the market's emphasis on historical and cultural value.

Expert Commentary and Market Opinions:

Mr. Chen, a renowned Hong Kong collector, stated in an interview: “I have followed the Hetian jade market for decades, and truly fine pieces are becoming increasingly rare. The 'zi' material 'ba jian' sold this time, both in terms of jade quality and carving, reached extremely high standards. Although the prices were high, they were well worth it. I believe that in the next few years, the price of top-tier Hetian jade will continue to rise steadily, especially those with clear provenance and perfect condition, which are truly once-in-a-lifetime finds.”

Ms. Shirley Pek, President of Christie's Asia and International Director, concluded after the auction: “We are very satisfied with the performance of this Hetian jade special sale. This is not only the result of the Christie's team's efforts but, more importantly, reflects the continuous enthusiasm of global collectors for Chinese traditional art, especially high-quality Hetian jade. We have observed that the interest of new collector groups in Hetian jade is also continuously growing, and they pay more attention to the cultural connotations and artistic value of the collections. In the future, Christie's will continue to source more rare and exquisite Hetian jade pieces globally to meet the growing market demand.”

In summary, the outstanding performance of Christie's Autumn 2026 Hetian Jade special sale reconfirmed the solid position of the high-end Hetian jade market in the collecting field. Against the backdrop of increasingly scarce fine resources, Hetian jade with excellent quality, profound cultural connotations, and exquisite craftsmanship will continue to gain market recognition for its investment and collection value and is expected to maintain steady growth in the future.