Christie's Hong Kong Evening Sale Achieves HK$655.7 Million with Strong Market Momentum
On March 27, 2026, Christie's Hong Kong held its 20th/21st Century Evening Sale, which generated a total of HK$655,761,600 (approximately US$83,802,193). This result represents a 17% increase compared to the equivalent sale held in March 2025, indicating sustained market confidence. The event was completely sold out, with the final hammer price exceeding the low estimate by 117%. The auction took place at The Henderson gallery space in Hong Kong, attracting a large audience as the art community gathered in the city. The successful sale coincides with Christie's 40th anniversary celebrations in Asia this year. The auction featured a diverse range of artworks, with top lots and four new world auction records spanning both Asian and Western artists. The highest-selling piece was Gerhard Richter's 'Abstraktes Bild,' which sold for HK$92,100,000 (about US$11,769,799). Another notable result was Sanyu's 'Cheval agenouillé sur un tapis, (Kneeling Horse on Carpet),' which fetched HK$63,940,000 (approximately US$8,171,128) following competitive bidding. The strong performance underscores the ongoing vitality of the art market in Hong Kong and globally for Christie's.
Key facts
- Christie's Hong Kong Evening Sale occurred on March 27, 2026.
- Total sale proceeds reached HK$655,761,600 (US$83,802,193).
- Results showed a 17% increase over the March 2025 evening sale total.
- The auction was 100% sold, with hammer price 117% above low estimate.
- The event was held at The Henderson gallery in Hong Kong.
- Four world auction records were set during the sale.
- Top lot was Gerhard Richter's 'Abstraktes Bild' at HK$92,100,000.
- Sanyu's 'Kneeling Horse on Carpet' sold for HK$63,940,000.
Entities
Artists
- Gerhard Richter
- Sanyu
Institutions
Locations
- Hong Kong
- Asia