At 16:00 on November 12th, Holly’s International (Shanghai) held its first season auction "Special Show of Chinese and Western Contemporary Art" as scheduled. The auction gathered not only popular artists from China's post-70s, 80s and 90s market, but also a number of cutting-edge Western artists, while setting up a NFT digital art special. One hundred and eighty-five lots were sold at auction, with a total turnover of RMB60.4231 million. Strikingly, the turnover of the "post-70s +" youth generation art force (artists born in 1970 and later) accounted for 87.03% of the total turnover; Matthew Wong's White Light topped the market with RMB17250000 .

The young artists of "post-70s +" set a new auction record

A number of young artists, such as Jigger Cruz, Kitti Narod, Yan Zhancheng, Ronald Caringal, Sabina Maria Grzyb, Wu Wei, Zhang Ben, Bartosz Michal Hoppe-Sadowski, Joshua Paige and other young artists set new auction records, accounting for nearly 20% of the "post-70s +" young artists.

The NFT has made a great deal

The auction volume of NFT was RMB15.66 million, of which the CryptoPunk # 6388 was sold for RMB 7.475 million and Leonardo's Vision was sold for RMB7.245 million .

The Top1 of this auction:

Matthew Wong's White Light was created in 2017, with an estimated price of RMB10-18 million , with a turnover of RMB17250000. Around 2017, Matthew Wong entered a new stage of the road of art. This piece shows that Matthew Wong's desire for life has turned into sunflower's love for the sun. From the curling and stacking of its stems and leaves, the texture of petals, branches and leaves, the stem stands up like a tree trunk to support beautiful flowers, and feels the exuberant vitality of sunflowers.

This time, the CryptoPunk # 6388 is a rare female character and one of the few characters with blue headscarf, green eye shadow and yellow earrings, with a fresh image and punk style. This Punk # 6388 and Punk # 6878, which are very few couple characters in CryptoPunks, are very collectible and sold for RMB7475000.

The Top3 of this auction:

Pak's China debut blockbuster Leonardo's Vision. As the debut of Pak in the Chinese market, the 3D dynamic model of light-shadow interaction presents a very distinct texture, using bold monochromaticity, and the overall style tends to be minimalism. Finally, the hammer price is RMB6.3 million with a commission of RMB7.245 million, bought by No.202.

Jigger Cruz, Kitti Narod, Yan Zhancheng, Ronald Caringal, Sabina Maria Grzyb, Wu Wei, Zhang Ben, Bartosz Michal Hoppe-Sadowski, Joshua Paig and other artists set new auction records, all post-70s, post-80s and post-90s artists.

The artistic Power of Youth in Contemporary China

Holly’s International focuses on the artistic strength of the "post-70s +" youth at home and abroad in line with the trend of internationalization and rejuvenation in Shanghai and the field of contemporary art. In the contemporary part of China, there are popular artists in the domestic post-70s, 80s and 90s markets. The works of artists including Chen Yujun, Kao Yu, Li Jikai, Ni Youyu, Ouyang Chun, Qin Qi, Xiong Yu, Wu Jianan, Zhao Zhao and Zhao Yang have also achieved good results.

Western contemporary works of art take on a new look

This auction has increased the proportion of western contemporary art works, and a number of artists have taken pictures of new faces in China. Selected artists from Europe, America, Japan and South Korea, including Jonas Burge, Jonas Wood, Aboudia, Flora Yukhnovich, Ayako Rokkaku, etc.