[2025 Spring Auction Summary] Key Achievements of Chinese Modern and Contemporary Art Auctions
One item sold at the Spring Auction for over 100 million yuan.
Saturday Night, 1984
Acrylic Screenprint oil painting Collage Canvas
|
195.6 x 223.5 cm
Estimate HKD 95,000,000 - 125,000,000
Estimate USD 12,224,694 - 16,085,124
Price
HKD 112,625,000Price USD 14,481,097
28 Mar 2025 Christie's Hong Kong
High-profile lots priced at tens of millions of dollars: 34 from Hong Kong and 9 from Mainland China.
28.8.67, 1967
Oil Canvas
|
89 x 116 cm
Estimate HKD 40,000,000 - 60,000,000
Estimate USD 5,147,240 - 7,720,859
Price
HKD 48,775,000Price USD 6,271,391
28 Mar 2025 Christie's Hong Kong
Edward James's Dream, 1943
Oil Canvas
|
54.3 x 73.7 cm
Estimate HKD 42,000,000 - 55,000,000
Estimate USD 5,404,602 - 7,077,454
Price
HKD 47,565,000Price USD 6,115,812
28 Mar 2025 Christie's Hong Kong
Eileen Chang, 2004
oil painting Canvas
|
60 x 45 cm
Estimate CNY 9,000,000 - 12,000,000
Estimate USD 1,249,254 - 1,665,672
Price
CNY 42,550,000Price USD 5,917,683
13 May 2025 China Guardian Beijing
A Thousand Miles Of Rivers And Mountains (A Set Of 4), 2017
Acrylic Canvas
|
150 x 600 cm
Estimate CNY 18,000,000 - 25,000,000
Estimate USD 2,498,508 - 3,470,150
Price
CNY 36,800,000Price USD 5,117,996
13 May 2025 China Guardian Beijing
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Pumpkin (Hru), 2014
Acrylic Canvas
|
100 x 100 cm
Estimate HKD 25,000,000 - 35,000,000
Estimate USD 3,217,024 - 4,503,835
Price
HKD 39,095,000Price USD 5,026,756
28 Mar 2025 Christie's Hong Kong
Flower Soul
Wax crayon ink and color Calligraph oil painting Speaker Canvas
|
53.2 x 46.6 cm
Estimate CNY 12,000,000 - 15,000,000
Estimate USD 1,665,672 - 2,082,090
Price
CNY 32,200,000Price USD 4,478,247
13 May 2025 China Guardian Beijing
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
1.12.81, 1981
Oil Canvas
|
130 x 162 cm
Estimate on request
Price
HKD 27,600,000Price USD 3,556,729
30 Apr 2025 Poly Auction Hong Kong
Close, 2002
Oil Canvas
|
248 x 200 cm
Estimate HKD 18,000,000 - 28,000,000
Estimate USD 2,316,258 - 3,603,067
Price
HKD 23,365,000Price USD 3,004,224
28 Mar 2025 Christie's Hong Kong
Artist Auction Records TOP 1
28 Mar 2025 Christie's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 1
28 Mar 2025 Christie's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 1
28 Mar 2025 Christie's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 1
28 Mar 2025 Christie's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 2
28 Mar 2025 Christie's Hong Kong Become the second highest price of artist
Rocks And Clouds, 2003
oil painting Canvas
|
358.5 x 220 cm
Estimate CNY 22,000,000 - 32,000,000
Estimate USD 3,053,732 - 4,441,792
Price
CNY 25,300,000Price USD 3,518,622
13 May 2025 China Guardian Beijing
Xiao Zhang, 1992
oil painting Canvas
|
214.8 x 139.5 cm
Estimate CNY 6,500,000 - 8,500,000
Estimate USD 902,239 - 1,179,851
Price
CNY 23,000,000Price USD 3,198,748
13 May 2025 China Guardian Beijing
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the third highest price of artist
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the third highest price of artist
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the third highest price of artist
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the third highest price of artist
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the third highest price of artist
Still Life With Buddha Statue, 1948
Oil painting on canvas
|
54.6 x 64.3 cm
Estimate CNY 12,000,000 - 15,000,000
Estimate USD 1,665,672 - 2,082,090
Price
CNY 21,275,000Price USD 2,958,841
13 May 2025 China Guardian Beijing
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 3
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Refreshing Artist Auction Records
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Refreshing Artist Auction Records
Dulcimer (For Jean Ritchie), 2010
Acrylic Board
|
237 x 167 cm
Estimate HKD 15,000,000 - 25,000,000
Estimate USD 1,933,124 - 3,221,874
Price
HKD 18,360,000Price USD 2,365,998
30 Apr 2025 Poly Auction Hong Kong
[Observation] Spring 2025 compared to Spring 2024
I. The artists who appeared on the list repeatedly are Yayoi Kusama, Zao Wou-Ki, and Basquiat. Among them, Yayoi Kusama had 36 pieces auctioned in the spring auctions for two consecutive years, with a significant decrease in the total transaction amount. The transaction amount in the spring of 2025 was about 33% of that in the spring of 2024.
Second, Japanese artist Yoshitomo Nara ranked second in Spring 2024, but did not make it into the top 5 in Spring 2025.
Third, overseas masters continue to dominate the high-end market in Hong Kong auctions.
【observe】Spring 2025 compared to Spring 2024
I. The artists who continued to be on the list were Wu Dayu, Zhou Chunya, and Huang Yuxing. Overall, the total transaction amount did not change much.
Second, Liu Ye became the top auctioneer in Beijing in the spring of 2025, thanks to his high number of auctions and strong transaction prices.
Third, Wu Guanzhong and Zhang Enli are not in the top 5, ranking in the top 6 and top 9 respectively.
Important emerging artworks
Untitled (A Tribute To Henri Rousseau), 2020
Oil Canvas
|
270 x 300 cm
Estimate HKD 10,000,000 - 15,000,000
Estimate USD 1,286,810 - 1,930,214
Price
HKD 23,365,000Price USD 3,004,224
28 Mar 2025 Christie's Hong Kong
Grotto, 2019
soft pastel Linen
|
190.8 x 165.1 cm
Estimate HKD 10,000,000 - 15,000,000
Estimate USD 1,286,850 - 1,930,275
Price
HKD 15,015,000Price USD 1,930,088
29 Mar 2025 Sotheby's Hong Kong
Pyongyang, 2004
oil painting Canvas
|
200 x 400 cm
Estimate CNY 4,500,000 - 6,500,000
Estimate USD 624,627 - 902,239
Price
CNY 10,350,000Price USD 1,439,436
13 May 2025 China Guardian Beijing
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Artist Auction Records TOP 2
13 May 2025 China Guardian Beijing Become the second highest price of artist
Untitled Escape Collage, 2017
Wax vinyl Soap spray enamel Oak Oilstick Ceramic tile
|
183 x 239 cm
Estimate HKD 3,500,000 - 5,500,000
Estimate USD 447,467 - 703,164
Price
HKD 3,810,000Price USD 486,133
27 May 2025 Phillips Hong Kong
Trees, 2016
Acrylic Cardboard
|
152 x 373 cm
Estimate CNY 1,600,000 - 2,600,000
Estimate USD 221,416 - 359,801
Price
CNY 3,565,000Price USD 497,182
24 May 2025 Cuppar Auction Beijing
Artist Auction Records TOP 1
24 May 2025 Cuppar Auction Beijing Refreshing Artist Auction Records
Artist Auction Records TOP 1
24 May 2025 Cuppar Auction Beijing Refreshing Artist Auction Records
Artist Auction Records TOP 1
24 May 2025 Cuppar Auction Beijing Refreshing Artist Auction Records
Artist Auction Records TOP 1
24 May 2025 Cuppar Auction Beijing Refreshing Artist Auction Records
Artist Auction Records TOP 1
24 May 2025 Cuppar Auction Beijing Refreshing Artist Auction Records
People Going Out, 2011
oil painting Canvas
|
D: 190 cm.
Estimate CNY 3,000,000 - 5,000,000
Estimate USD 416,418 - 694,030
Price
CNY 3,450,000Price USD 479,812
13 May 2025 China Guardian Beijing
A Colorful Plastic Mixture Of Noise + Dance + Joy, 2009
Acrylic Linen Board
|
182.5 x 152.5 cm
Estimate HKD 3,000,000 - 5,000,000
Estimate USD 386,042 - 643,405
Price
HKD 3,402,000Price USD 437,422
28 Mar 2025 Christie's Hong Kong
Dawn, 2021
oil painting Canvas
|
165 x 190 cm
Estimate HKD 800,000 - 1,500,000
Estimate USD 102,948 - 193,027
Price
HKD 2,540,000Price USD 326,501
29 Mar 2025 Sotheby's Hong Kong
Artist Auction Records TOP 1
29 Mar 2025 Sotheby's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 1
29 Mar 2025 Sotheby's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 1
29 Mar 2025 Sotheby's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 1
29 Mar 2025 Sotheby's Hong Kong Refreshing Artist Auction Records
Artist Auction Records TOP 2
29 Mar 2025 Sotheby's Hong Kong Become the second highest price of artist
Top 5 Emerging Artists in Hong Kong
【observe】Spring 2025 compared to Spring 2024
First, the fact that there were no repeats in the top 5 of emerging Hong Kong artists over two years indicates that the market is highly competitive and subject to great changes.
Second, emerging artists in Hong Kong come from all over the world, including the United States, the United Kingdom, Japan and China, with the largest number of artists from the United States.
Third, there is only one female artist among the emerging artists: Ayako Rokkaku in Spring 2025 and Lucy Bull in Spring 2024.
Top 5 Emerging Artists in Beijing
【observe】Spring 2025 compared to Spring 2024
First, Huang Yuxing has been the top emerging artist in Beijing for two consecutive years. He holds an absolute leading position in the market for young artists, and his important work "A Panorama of Rivers and Mountains" was sold at auction in the spring of 2025.
Second, the top 2-5 emerging companies in Beijing did not repeat their names in the past two years, indicating that the market for 7080 has changed dramatically, but overall the transaction volume is lower than in the spring of 2024.
Third, among emerging artists, there are two female artists in 2025: Chen Ke and Song Kun, indicating a significant improvement in the market status of female artists.
Stay tuned to ArtPro for the latest updates on the global art market.
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