On September 30, 2026, Phillips Hong Kong held two auctions of modern and contemporary art, with a total of 131 lots offered and a total sales of HK$91,943,700, with a weighted overall sell-through rate of approximately 80.10%.

inThe "Selected Modern and Contemporary Art Auction" featured 115 lots, achieving a total of HK$41,224,500 with a 79% sell-through rate.;

On September 30, 2026, at 4:30 PM, Phillips' "Modern and Contemporary Art Evening Sale" was held in Hong Kong as scheduled.The auction featured 16 lots, achieving a total sales value of HK$50,719,200 with an overall sell-through rate of 88%. 25% of the lots sold above their estimates, while 50% sold within their estimates.Gerhard Richter's "Abstract (522-1)" sold for HK$23.01 million, becoming the top-selling item at the auction.

New record:
Xue Ruozhe sets a new record for the third highest price ever paid by an artist;
 

Two items sold for over ten million yuan each.Gerhard Richter's "Abstract (522-1)" sold for HK$23.01 million, and Zao Wou-Ki's "Untitled (Teapot)" sold for HK$11.094 million.

A total of 8 items sold for over a million dollars each.Among the highlights, Ayako Rokkaku's "Untitled" sold for HK$3,354,000, Zhang Peili's "Yellow, Blue and Red" sold for HK$1,806,000, Zhang Peili's "Wishing You Happiness" sold for HK$1,677,000, Kaga On's "Incomplete Encyclopedia of Ideas and Wisdom" sold for HK$1,483,500, and Ouyang Chun's "Spirit and Flesh - Trio" sold for HK$1,419,000.

Top-selling item in this session:

Gerhard Richter's "Abstract (522-1)" sold for HK$18 million at hammer price, reaching HK$23.01 million including commission.

Top 2 in sales this session:

Zao Wou-Ki's "Untitled (Teapot)" sold for HK$8.6 million at hammer price, totaling HK$11.094 million including commission.

Top 3 transactions in this session:

Ayako Rokkaku's "Untitled" sold for HK$2.6 million, or HK$3.354 million including commission.

Other items sold at auction:

Besides the top three most expensive lots, the auction also includes a wide selection of masterpieces by both Chinese and Western artists, including works by Zhang Peili, Kaga On, Ouyang Chun, Jin Changlie, Le Mayer, and Laurent Quinn.

Stay tuned to ArtPro for the latest updates on the global art market.

For more details on the auction items, please click to view the special session.

On September 30, 2026 at 18:00, Phillips' "Selected Modern and Contemporary Art Auction" was held in Hong Kong as scheduled.The auction featured 115 lots, achieving a total sales value of HK$41,224,500 and a sell-through rate of 79%. Of these, 38% of the lots sold above their estimates, and 38% sold within their estimates.Yayoi Kusama's "Pumpkin" sold for HK$3,741,000, becoming the top-selling item at the auction.

New record:
Guo Pei x Pop Mart Panda, Nicole | Wittenberg, Huang Lan and other artists broke their personal records;
Sano Shigejiro sets a new record for the second-highest price ever paid by an artist;
Jiang Miao sets a new record for the third highest price ever paid by an artist;
 

A total of 6 items were sold for over a million dollars.Among the highlights, Yayoi Kusama's "Pumpkin" sold for HK$3,741,000, Marc Chagall's "Bouquet on an Orange Background" sold for HK$3,612,000, Yayoi Kusama's "Net" sold for HK$1,806,000, Liu Wei's "Prelude to Water Melody" sold for HK$1,354,500, Ha Jong-hyun's "Unity 21-08" sold for HK$1,161,000, and Yan Pei-ming's "Self-Portrait of a Skull" sold for HK$1,096,500.

Top-selling item in this session:

Yayoi Kusama's "Pumpkin" sold for HK$2.9 million at hammer price, or HK$3.741 million including commission.

Top 2 in sales this session:

Marc Chagall's "Bouquet on an Orange Background" sold for HK$2.8 million at hammer price, or HK$3.612 million including commission.

Top 3 transactions in this session:

Yayoi Kusama's "The Net" sold for HK$1.4 million at hammer price, totaling HK$1.806 million including commission.

Several artists broke auction records

Other items sold at auction:

Besides the top three most expensive lots, the auction also includes many excellent works by Chinese and Western artists, including outstanding pieces by Liu Wei, Ha Jong-hyun, Yen Pei-ming, Lee Ufan, Li Manfeng, Li Pu, and Gitis Karat.

Stay tuned to ArtPro for the latest updates on the global art market.

For more details on the auction items, please click to view the special session.