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trending_up market schedule Jan 8, 2026 visibility 20 link 3 artists, 1 gallery

li hei di market analysis

Li Hei Di, a young Chinese-born painter based in London, has emerged as one of the most closely watched artists in the ultra-contemporary market despite its recent downturn. Since joining Pace Gallery in September 2024 as its youngest artist, Li's works have appeared at auction 12 times, with eight sales in Hong Kong. Nearly every lot has exceeded expectations, often doubling or tripling high estimates. A standout was the painting *There Was One Summer Returning Over and Over; There Was One Dawn I Grew Old Watching* (2023), which sold at Sotheby's Hong Kong for HK$2.67 million—more than double its high estimate—setting a new auction record. Auction specialists and dealers emphasize that Li's market reflects a slow, sustained buildup rather than a speculative spike, with bidding and buying activity spanning Asia, Europe, and the United States.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 17, 2025 visibility 20 link 2 artists

Rare wooden Alexander Calder mobile heads to Christie’s

Christie’s has secured the consignment of Painted Wood (1943), a rare wooden mobile by Alexander Calder, which will lead its 20th Century Evening Sale next month. Specialists estimate the work will sell for between $15 million and $20 million, the highest auction estimate ever placed on a Calder piece. The mobile comes from the collection of prominent Latin American art collector Patricia Phelps de Cisneros and was featured in Calder’s landmark 1943 retrospective at the Museum of Modern Art in New York, where he became the youngest artist to receive a solo exhibition at the museum.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Oct 1, 2025 visibility 21 link 3 artists, 2 galleries

Fast-Rising Painter Li Hei Di Smashes Auction Record at Sotheby’s Hong Kong

A new auction record for fast-rising Chinese-born painter Li Hei Di was set at Sotheby’s Hong Kong on Sunday evening, with the work *There Was One Summer Returning Over and Over; There Was One Dawn I Grew Old Watching* (2023) selling for HK$2.67 million ($342,824). The price represents a 91-percent increase from the artist’s previous high, set just six months ago, and more than doubled its presale high estimate after a five-minute bidding battle. Li, born in Shenyang in 1997 and based in London, opened their first solo exhibition with Pace in Hong Kong this summer and is the youngest artist on the international gallery’s roster.

newspaper Artnet News open_in_new Read original