20/21 CENTURY ART | HONG KONG & SHANGHAI

Event date 28 March - 3 April
Event location Hong Kong, Shanghai

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Why Christie’s

Christie’s Hong Kong 20th/21st Century Art Leads the Asia Auction Market

In celebration of the opening of Christie’s new Asia Pacific headquarters at The Henderson, three inaugural sales of 20th/21st Century Art were held from 26-27 September, achieving HK$1,256,203,200 / US$162,203,684, with significant artworks breaking auction records.

Following the remarkable success of the inaugural sales, the excitement carried on in Shanghai, where Christie’s celebrated its auction anniversary on 7 November with a successful 20th/21st Century Evening Sale. The sale achieved a total of CNY 150 million/US$21 million.

The success gained momentum on 9 November as the focus was brought back to Hong Kong, where Christie’s held its Hong Kong Day Sale. The auction achieved over HK$65 million, truly celebrating the dynamism of the two cities.

The results are a testament to Christie’s leadership and expertise in curating works by today's most in-demand artists at auction, while delivering market-defining prices.

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Auction results

Christie’s Inaugural Sales of 20th/21st Century Art at The Henderson achieved HK$1,256,203,200 / US$162,203,684, with a solid sell-through-rate of 92% by lot

Claude Monet’s iconic Nymphéas, one of the highlights of the sale, realised HK$233,375,000 / US$30,131,863, while Vincent van Gogh’s monumental Les canots amarrés was sold for HK$250,625,000 / US$32,359,071, with both works breaking the artists’ Asia auction records.

Masterpieces by Zao Wou-Ki, Kim Whan-Ki, René Magritte and Ronald Ventura, as well as other magnificent artworks, also achieved impressive prices in the saleroom.

Christie’s Asia 20th/21st Century November Sale Series: A Celebration of Two Cities

The 20th/21st Century Evening Sale was held on 7 November in Shanghai, achieving a remarkable total of CNY 150 million/US$ 21 million and sell-through rate of nearly 90%. It witnessed a strong 30% increase compared to the same type of sale in 2023 at Christie's Shanghai. Zao Wou-Ki's ‘30.09.65’, a masterpiece shining in the spotlight, was sold for CNY 64,570,000/US$ 9,111,840, leading the auction.

The Hong Kong Day Sale on 9 November also excelled, surpassing HK$ 65 million, with a 100% sell-through rate for works by esteemed artists from China, Vietnam, Japan, South Korea, and Singapore. These results reflect robust and sustained demand for exceptional art across Asia.