Beijing, May 20, 2026 – The highly anticipated Poly 2026 Spring Auction concluded successfully yesterday, setting a new record for total sales, reaching RMB 3.25 billion, with a remarkable sell-through rate of 88.5%. Among them, the jewelry and jadeite special session was particularly outstanding, becoming the biggest highlight of this spring sale due to its exceptional quality and scarcity, especially high-end jadeite bangles, which achieved exhilarating transaction data.
In this spring sale, the total transaction value of the jewelry and jadeite special session reached RMB 680 million, an increase of 15% compared to the same period last year. Notably, an 'Imperial Green' jadeite bangle, estimated at RMB 80 million to 120 million, was finally hammered at an astonishing price of RMB 158 million, becoming the 'star lot' of this auction and setting a new transaction record for similar items in the past three years. Another icy-green jadeite bangle, estimated at RMB 35 million to 50 million, also sold for a high price of RMB 62 million, with a premium rate exceeding 20%. Overall, all jadeite bangles estimated over RMB 10 million in this auction were sold, and the average premium rate reached 18.7%, fully demonstrating the strong purchasing power of the high-end jadeite market.
Market analyst Li Ming stated: "The performance of jadeite bangles in this Poly Spring Auction once again confirms the value preservation and appreciation attributes of top-tier jadeite as a hard currency. Against the backdrop of increasing global economic uncertainty, rare, high-quality gemstones, especially culturally rich jadeite, are becoming an important choice for asset allocation among high-net-worth individuals. The record-breaking transaction of the 'Imperial Green' bangle is not only a reflection of market confidence but also indicates that high-end jadeite prices still have upward potential in the coming years."
From a macroscopic perspective, China's steady economic recovery and the continuous growth in the number of high-net-worth individuals provide a solid foundation for the art and luxury goods market. At the same time, the increasing depletion of jadeite resources makes high-quality natural jadeite increasingly rare, and its collection and investment value are rising accordingly. In this auction, not only top-tier items like 'Imperial Green' but also high-quality icy-green and glutinous-green jadeite bangles received enthusiastic pursuit from collectors, showing widespread market recognition for mid-to-high-end jadeite.
Ms. Wang Li, a senior jewelry connoisseur, pointed out: "The success of this auction also benefits from Poly Auction's professionalism in soliciting and appraising lots. Every jadeite bangle put up for auction has undergone strict quality control and certification by authoritative institutions, which greatly enhanced buyers' confidence. Furthermore, the growing interest of the younger generation of collectors in jadeite culture has injected new vitality into the market. They pay more attention to the design, cultural connotation, and wearing experience of jadeite, which prompts auction houses to diversify their selection of lots."
Looking ahead, the industry generally believes that the high-end jadeite market will continue to maintain a steady growth trend. With the global reallocation of wealth and the pursuit of scarce resources, the value of top-tier jadeite will be further highlighted. However, the market is not without challenges. Investors still need to remain rational when entering the market, fully understanding the origin, quality, and market conditions of the lots to avoid blindly following trends. For auction houses, continuously improving professional service levels and discovering more potential fine pieces will be key to maintaining leadership in the fierce market competition.