Christie's - Fine Chinese Modern and Contemporary Ink Paintings
May 31st, 2024 - Hong Kong
Executive Summary
The Christie's - Fine Chinese Modern and Contemporary Ink Paintings auction presented over 200 artworks, reflecting a vibrant selection from renowned collections worldwide. Highlights included Pan Tianshou's "Scholar under Pine Tree" and Zhang Daqian's "Black Horse after Liu Yongnian." With 205 lots offered, 172 were sold, achieving a commendable sell-through rate of 83.9%. Financially, the auction garnered a Total Hammer Price of HK$152.6 million, which, although impressive, fell short of the Total Median Estimate of HK$179.7 million, resulting in a Hammer Ratio of 84.9%.