From September 28 to 29, 2025, Sotheby's Modern and Contemporary Art Auction was held in Hong Kong as scheduled, with a total transaction volume of HK$448 million, of which

Day auction, total109 lots, total transaction amount reached HK$112 million, with an overall sell-through rate of 82%;

Evening auction, total40 lots,The total transaction amount reached HK$336 million, with a transaction rate of 95%.

Sotheby's Modern and Contemporary Art Day Sale

At 10:00 on September 29, 2025, Sotheby's "Modern and Contemporary Art Day Sale" was held as scheduled in Hong Kong.The 109 lots in this auction had a total transaction value of HK$112 million and a total transaction rate of 82%, of which 34% of the lots were sold above the estimated price and 41% were sold within the estimated price. A total of 35 million-level auction items were producedLee Ufan's "Answer" was sold for HK$6.604 million, becoming the highest-paid work in this auction.

New Record:
Many artists, including Li Qiang and Ye Youhuo, broke their personal records;
Long Jiasheng sets a new record for the second highest price paid to an artist;
 

TOP1 transaction in this session:

Lee Ufan's "Answer" was sold for HK$5.2 million, plus commission for HK$6.604 million.

TOP2 transactions in this session:

Mei Zhongshu's "Couple Fanning Under a Cherry Blossom Tree" was sold for HK$4.7 million, plus commission for HK$5.969 million.

TOP3 transactions in this session:

Yoshitomo Nara's "Strange Girl" was sold for HK$4.2 million, plus commission of HK$5.334 million.

Other lots sold:

In addition to the three most expensive lots, the auction also included many excellent works by Chinese and Western artists, including Zao Wou-Ki, Yayoi Kusama, Liu Ye, Li Pu, Rashid Johnson, and Georg Baselitz.

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

Sotheby's Modern and Contemporary Art Evening Sale

At 18:00 on September 28, 2025, Sotheby's "Modern and Contemporary Art Evening Sale" was held in Hong Kong as scheduled, with a total of 40 lots.The total transaction amount reached HK$336 million, with a transaction rate of 95%, of which 32% of the lots were sold above the estimated price and 45% of the lots were sold within the estimated price.Yoshitomo Nara's "Can't Wait for Night to Fall" was sold for HK$79.9 million, becoming the highest-priced painting in the auction.

New Record:
Li Heidi set a new personal record for artists;

A total of 8 auction items worth tens of millions of yuan were producedAmong them, Yoshitomo Nara's "Can't Wait for Night to Fall" was sold for HK$79.9 million, Roy Lichtenstein's "Landscape with Bridge" was sold for HK$30.875 million, and Pablo Picasso's "Bust of a Man" was sold for HK$20.505 million.

Marc Chagall's "Flower of Love or Irises" was sold for HK$19.895 million, Yoshitomo Nara's "Little Sprout Messenger" was sold for HK$18.431 million, Takashi Murakami's "Flower Parent and Child" was sold for HK$12.575 million, Kazuo Shiraga's "Untitled (T44)" was sold for HK$11.965 million, and Zao Wou-Ki's "Haze of Red, White and Blue" was sold for HK$10.745 million.

TOP1 transaction in this session:

Yoshitomo Nara's "Can't Wait for Night to Fall" was sold for HK$65.5 million, plus commission of HK$79.9 million, and was won by lot 6651.

TOP2 transactions in this session:

Roy Lichtenstein's "Vessel with Bridge" was sold for HK$25 million, plus commission of HK$30,875,000, and was won by lot 6652.

TOP3 transactions in this session:

Pablo Picasso's "Bust of a Man" was sold for HK$16.5 million, plus commission of HK$20.505 million, and was won by bidder No. 6597.

Several artists set new auction records

Other lots sold:

In addition to the top three most expensive lots, the auction also included many excellent works by Chinese and Western artists, including Marc Chagall, Yoshitomo Nara, Takashi Murakami, Kazuo Shiraga, Zao Wou-Ki, Louise Bourgeois, Wayne Thiebaud, and others.

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