Christie's - Dawn of Spring: Chinese Paintings Online
Feb 21st to March 8th, 2024 - Hong Kong
Executive Summary
The 'Dawn of Spring: Chinese Paintings Online' auction demonstrated strong market health for Chinese paintings with an 89.44% sell-through rate, indicating robust buyer confidence. With 144 out of 161 lots sold, accumulating over HK$11 million in hammer prices and a total auction value exceeding HK$14 million, the auction highlighted significant buyer's premium and competitive bidding for these artworks. An average price per lot of approximately HK$97,817 suggests a solid demand for high-quality Chinese paintings, reflecting both the auction house's curation efforts and the prestige of the artists featured.