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A Phenomenal Display of Market Strength Christie’s Hong Kong 2020 AUTUMN Auctions ‘SEASON OF MASTERPIECES AND COLLECTIONS’ Achieved HK$3 BILLION / US$390 MILLION

Published on Dec 5, 20

EXCEPTIONAL COMBINED SELL-THROUGH RATE OF 88%50% OF ALL SALES EXCEEDED HIGH ESTIMATES

FORMIDABLE RESULTS ACROSS ALL CATEGORIES

34 World Auction Records Across Art And Luxury

Strong Prices And Sell-Through Rates For Standout Pieces Across Luxury Categories

All Major Single-Owner Collections 100% Sold

Modern And Contemporary Art Achieved The Highest Total For Any Auction House In Asia This Year

New Price Benchmarks Set For Modern And Contemporary Masters

Christie’s Hong Kong Cements Status As A Global Platform For 20th And 21st Century Art

DIGITALLY ENGAGED GLOBAL PARTICIPATION

Global Buying From 34 Countries

Over 20% of Buyers New to Christie’s

35% YOY Increase In Online Registrants

A New Generation Of Collectors – 20% Were Millennials Buyers

Over 500,000 Global Viewers Tuned In Live To Follow Our Evening Sale

Francis Belin, President, Christie’s Asia Pacific commented, “Despite some of the ongoing challenges from the pandemic, we united with global collectors through all conceivable channels, fully leveraging our enhanced digital capabilities to establish a landmark moment in the art world. The passion and depth of bidding throughout the season was a sight to behold, as our clients responded fervently to our expertly curated sales, which continue to expand and define the future of art collecting in Asia. With the wave of auction records broken across art and luxury and the new milestones achieved for 20th and 21st Century art, we are thrilled to further cement Christie’s Hong Kong’s status as the leading international platform for global collecting.”

HIGHLIGHTS by CATEGORY

Post-sale press releases for each category can be downloaded here

Source Link

https://www.christies.com/about-us/press-archive/details?PressReleaseID=9897&lid=1
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