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Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

Phillips' Priority Bidding drives 100% sell-through at Hong Kong evening sale, totalling US$20.5m

Phillips achieved a 100% sell-through rate at its Modern and Contemporary Art Evening Sale in Hong Kong on 27 September, totaling nearly HK$160 million (US$20.5 million). All 20 lots sold, with six works exceeding HK$10 million. The top lot was Yoshitomo Nara's *Pinky* (2000), which sold for HK$56.64 million (US$7.2 million) after its estimate was lowered from HK$60–80 million to HK$35–55 million. The sale was the first major test of Phillips' new Priority Bidding (PB) system, which offers a reduced buyer's premium to collectors who place written bids at or above the low estimate at least 48 hours before the auction. Seven lots were withdrawn and several estimates revised downward ahead of the sale, contributing to the white-glove result.

Five must-see UK exhibitions this Black History Month

Five must-see UK exhibitions for Black History Month 2025 are highlighted, including 'Nigerian Modernism' at Tate Modern (8 Oct 2025–10 May 2026), which explores the development of Modern art in Nigeria through over 250 works by artists like Ben Enwonwu and El Anatsui; 'Stan Douglas: Birth of a Nation and The Enemy of All Mankind' at Victoria Miro (until 1 Nov 2025), a multi-channel video installation confronting racial perception; and 'Jennie Baptiste: Rhythm & Roots' at Somerset House (17 Oct 2025–4 Jan 2026), the photographer's first UK solo exhibition capturing Black diaspora life. Other shows include works addressing the Caribbean Windrush generation in Cambridge.

Christie's Hong Kong autumn sale drops 46% from last year but makes Picasso's record in Asia

Christie's 20/21st Century Autumn sale in Hong Kong on 26 September generated $72.6 million, a 46% drop from the same sale last year and roughly flat compared to its March sale. Despite the decline, a Picasso painting, *Buste de Femme* (1944), set a new Asia record at HK$196.75 million ($25.4 million) after a fierce bidding war. Other top lots included Zao Wou-ki's *17.3.63* (HK$85.2 million) and Yayoi Kusama's *Pumpkin [TWAQN]* (HK$34.66 million). The sale marked the first anniversary of Christie's Asia headquarters in the Henderson building. Sotheby's and Phillips also held autumn sales that weekend, with Sotheby's totaling HK$335.7 million and Phillips achieving HK$160 million.

Phillips Hosts Landmark Hong Kong Auction To Celebrate 10 Years in Asia

Phillips celebrated its 10th anniversary in Asia with a landmark auction in Hong Kong on September 27 and 28, featuring a wide range of modern and contemporary art. The sale generated $28 million across evening and day auctions, with top lots including Yoshitomo Nara's "Pinky" ($7.2 million), Zao Wou-Ki's "27.01.86" ($3.83 million), and Tom Wesselman's "Smoker #17" ($1.8 million). The auction also included works by Andy Warhol, Takashi Murakami, Yayoi Kusama, and others, with a public preview held from September 22 to 28 at Phillips' West Kowloon galleries.