Hong Kong Marquee Art Sales Total $164.9 M., up 18% from 2025 Auctions
For the second consecutive year, Christie’s, Phillips, and Sotheby’s aligned their marquee spring auctions in Asia with the week of Art Basel Hong Kong. The strategy clearly worked, with the three houses generating a combined $164.9 million across their modern and contemporary art evening sales. That result marked a significant rebound from last autumn’s $136.3 million — the lowest total in eight years — and also surpassed last spring’s comparable total of $139.9 million. While gallerists told ARTnews that sales at Art Basel had been measured, the auction market showed robust demand for trophy works from collectors across Asia. Related Articles Leading the season was Christie’s evening sale on March 27, which realized HK$655.7 million ($83.8 million). Coinciding with the auction house’s 40th anniversary in Asia, Christie’s assembled a tightly curated selection, focusing on works by modern masters appearing on the market for the first time. (All prices are inclusive of fees unless otherwise indicated.) The top lot was Abstraktes Bild by Gerhard Richter, offered with a third-party guarantee and selling for HK$92.1 million ($11.77 …







