Hangzhou, November 25, 2026 – The highly anticipated Xiling Yinshe 2026 Autumn Auction concluded successfully yesterday. The total transaction value of this autumn auction reached a staggering 1.25 billion RMB, with a transaction rate of 88.3%. Among them, the Hetian Jade Masterpieces special session performed exceptionally well, becoming the biggest highlight of this auction, signaling that the high-end jade market is gradually emerging from its adjustment period and showing a steady recovery trend.
This autumn auction featured various special sessions, including jade, calligraphy and painting, rare books, and scholar's objects. In the “Congealed Luster – Hetian Jade Masterpieces Special Session,” a total of 120 lots were offered, with 108 pieces successfully sold, achieving an impressive transaction rate of 90%. Notably, a “Hetian Jade Seed Material Auspicious Beast Ornament” weighing 2.5 kilograms fetched an astonishing 86 million RMB, far exceeding its pre-auction estimate of 50 million RMB, with a premium rate of 72%, becoming the top lot of this autumn auction. Another “Qing Dynasty Qianlong White Jade Carved Dragon and Phoenix Auspicious Pendant” also sold for 28 million RMB, an increase of 40% from its estimate. Overall, the average premium rate for the Hetian Jade Masterpieces special session reached 25%, demonstrating strong market demand and confidence in high-quality Hetian jade.
Mr. Li Ming, a senior auction industry observer, stated in an interview: “The performance of Hetian jade at this Xiling autumn auction exceeded market expectations. Particularly, top-grade seed materials and imperial-grade jade carvings received full recognition for their rarity and artistic value. This not only reflects collectors' sustained enthusiasm for investing in traditional cultural artworks but also indicates that after several years of market adjustment, the value of high-end Hetian jade is returning.”
From a data analysis perspective, the success of this autumn auction was not accidental. In recent years, with the steady development of the domestic economy and the enhancement of cultural confidence, the art collection market has undergone structural adjustments. Investors and collectors are paying more attention to the cultural connotations, rarity, and traceable provenance of auction items. As a treasure of traditional Chinese culture, Hetian jade, with its unique warm texture and profound cultural heritage, has maintained a certain degree of resilience during market downturns and has been at the forefront of market recovery.
Mr. Zhang Hua, General Manager of Xiling Yinshe Auction Co., Ltd., stated after the auction: “We are very satisfied with the results of this autumn auction, especially the performance of the Hetian jade special session, which has injected strong confidence into our future deep cultivation in the jade sector. We have observed that the market's selection criteria for exquisite jade are becoming increasingly stringent, and collectors are more inclined to collect unique and rare pieces with clear origins, exquisite craftsmanship, and superior jade quality. In the future, we will continue to adhere to the principle of balancing academic and market considerations, presenting more high-quality art treasures to collectors.”
Looking ahead, market analysts generally believe that the high-end Hetian jade market will continue to maintain a steady growth trend. With increasingly scarce resources and the rising appreciation level of collectors, the value of exquisite Hetian jade will become even more prominent. However, ordinary materials and jade with mediocre craftsmanship will still face significant market pressure. Therefore, for investors, selecting exquisite pieces with artistic value and cultural heritage remains key to mitigating risks and achieving value growth. The success of this Xiling autumn auction undoubtedly sets a positive tone for the 2027 art market, signaling the arrival of a new era of collecting full of opportunities.