Hangzhou, November 18, 2026 – The highly anticipated Xiling Yinshe 2026 Autumn Auction concluded successfully yesterday. Among them, the “Hetian Jade Masterpieces Special Session” once again confirmed the strong vitality of the high-end jade market with its outstanding transaction data and continuously rising market enthusiasm. This special session presented a total of 128 carefully selected Hetian jade lots, with a total transaction value reaching an impressive RMB 185 million and a transaction rate of 92.3%, far exceeding market expectations.
The session was full of highlights, with several significant pieces fetching high prices. Among them, a “Hetian Jade Seed Material Auspicious Beast Handpiece” weighing 2.5 kilograms became the focus of the entire auction due to its delicate jade quality, warm color, and exquisite craftsmanship. After multiple rounds of fierce bidding, it finally sold for a staggering RMB 38 million, an premium of 25% over the upper estimate, setting a new transaction record for similar lots in recent years. Another piece, a “Qianlong White Jade Carved Dragon and Phoenix Auspicious Pendant,” with its rich imperial style, exquisite design, and rare material, sold for RMB 15 million, an increase of 30%. In addition, a batch of exquisite Hetian jade bracelets and pendants also performed well, with an average transaction price increasing by 18% compared to the same period last year, indicating collectors' continued pursuit of mid-to-high-end jade.
From the data, the transaction rate of this special session reached 92.3%, showing a steady upward trend compared to 88.5% in the 2025 autumn auction and 85% in the 2024 autumn auction. The total transaction value of RMB 185 million also increased by 15.6% compared to RMB 160 million in the 2025 autumn auction. These data clearly indicate that despite macroeconomic uncertainties, the high-end Hetian jade market continues to maintain strong growth momentum, and its scarcity and artistic value make it a preferred choice for hedging and asset allocation.
Mr. Li Ming, head of the Jade Department at Xiling Yinshe Auction Co., Ltd., stated in an interview: “The success of this Hetian jade special session once again proves the collection value and investment potential of exquisite jade. We have observed that collectors show extremely high enthusiasm and willingness to purchase Hetian jade works with superior jade quality, exquisite craftsmanship, and clear provenance. Especially lots with historical and cultural connotations and carved by famous artists have greater premium potential.”
Professor Zhang Hua, a senior jade market analyst, commented: “The current Hetian jade market shows a two-tiered differentiation. On the one hand, the prices of top-grade seed materials and master-level carved works continue to rise, repeatedly setting new highs; on the other hand, ordinary quality jade faces certain market pressure. This indicates that the market is returning to rationality, and collectors are paying more attention to the quality, scarcity, and cultural added value of jade. In the future, we expect the market enthusiasm for exquisite Hetian jade to continue, while the mid-to-low-end market may face adjustments and reshuffles.”
Looking ahead, with the revival of traditional Chinese culture and the growth of the wealthy class, Hetian jade, as an important carrier of Chinese civilization, will further highlight its collection and investment value. The success of Xiling Yinshe's autumn auction undoubtedly injected a shot in the arm for the entire jade auction market, signaling the arrival of an era of exquisite jade full of opportunities and challenges. While enjoying the pleasure of collecting, collectors should also pay attention to market dynamics and invest rationally to achieve better returns.