.png&w=3840&q=75 "Auction Analysis: Hong Kong Marquee Evening Auctions – Spring 2025 (Cover Framed)")
Hong Kong auction sales signal prolonged correction
Evening sales in Hong Kong this spring achieved a total of HK$723 million ($93 million), comfortably within their pre-sale estimates, but a sharp decline from Spring 2024. All three auction houses fell short of market expectations, marking the lowest spring sales total recorded in Hong Kong since our analysis started in 2015.
ABOUT THIS REPORT:
This report presents an in-depth comparative analysis of the Impressionist, Modern, Post-War and Contemporary art evening sales at Christie's, Sotheby’s and Phillips in Hong Kong in Spring 2025. The analysis also provides analytical tools looking at 10-year annual trends between 2016 and 2025.
Contents
Overview
Sale Results Comparison
Auction Analysis
Historical Auction Performance
Top Prices & Top Performers
Auction Guarantee Analysis
Sotheby’s
Christie’s
Phillips
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