Art News. Vasari Codex

Christie's Hong Kong 20th/21st Century Autumn Sales Total: HK$817M / US$106M - Christie's

Christie's Hong Kong held its 20th/21st Century Autumn Auctions on September 26-27, 2025, achieving a total of HK$817 million (US$106 million), the highest value auctions in the Asia market this season. The sales saw a 96% sell-through rate by lot and a hammer price 121% above the low estimate, with collectors from 32 countries participating. The top lot was Picasso's 'Buste de femme', which sold for HK$196.75 million (US$25.4 million), breaking the Asia auction record for the artist. New buyers increased versus last year, with 20% of all buyers being new, over half of whom were Millennials.

trending_up market schedule Sep 26, 2025 visibility 11 link 5 artists

Picasso Achieves HK$197 Million Breaking Artist's Asia Auction Record at Christie's Hong Kong Evening Sale - Christie's

Christie's Hong Kong held its 20th/21st Century Evening Sale on 26 September 2025 at The Henderson, achieving a total of HK$565,649,000 (US$73,038,183). The top lot was Pablo Picasso's *Buste de femme*, which sold for HK$196,750,000 (US$25,404,911) after over 15 minutes of bidding, setting a new auction record for the artist in Asia. Zao Wou-Ki's *17.3.63* also performed strongly, achieving HK$85,200,000. The sale saw 92% of lots sold, with the overall hammer price 116% above the low estimate, and works by Chinese, Southeast Asian, Korean, and Japanese artists all sold out.

newspaper Press center open_in_new Read original