• Issue
  • Apr 30, 2025

Auction Report: A Tale of Two Cities

Christie’s evening sale of 20th and 21st century art at its Asia Pacific headquarters in The Henderson, Hong Kong, on March 28, 2025. Courtesy Christie’s Images Ltd.

As Art Basel Hong Kong concluded on March 30, all eyes turned to the major auction houses, where both Christie’s and Sotheby’s had aligned their spring marquee sales with the fair for the first time. Would the fair’s energy and robust attendance—which was considered across the board as a bellwether for a recovering market—translate into bidding in the auction room? Do the back-to-back sales offer any insights about collector confidence across Greater China?


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