Hangzhou, May 18, 2026 – The highly anticipated Xiling Yinshe 2026 Spring Auction concluded successfully yesterday, achieving a total transaction volume of RMB 1.28 billion, with a remarkable sell-through rate of 87.5%. This represents a 15% increase compared to the same period last year, indicating a strong recovery trend in the art market, particularly in the high-end jadeite artwork sector.
The spring auction featured over 20 special sessions, among which the “Ancient Charm, Modern Brilliance: Jadeite Art Treasures” session performed exceptionally well, with a total transaction volume of RMB 350 million and an impressive sell-through rate of 95%. Several top-tier jadeite lots set new market records, becoming the focal points of this auction.
The most striking highlight was a natural jadeite pendant named “Imperial Green Fortune and Longevity,” renowned for its exquisite texture and rich color. It was ultimately sold for a staggering RMB 88 million, far exceeding its pre-auction estimate of RMB 60 million, with a premium rate of 46.7%. Another “Icy Green Ruyi” bangle fetched RMB 52 million, an increase of 23.8% over its estimate. Additionally, a five-piece set of “Glassy Colorless Guanyin” jadeite pieces also sold for RMB 45 million, demonstrating the market's strong demand for rare and high-quality jadeite.
Mr. Lu Jingqing, Executive Director and General Manager of Xiling Yinshe Auction Co., Ltd., stated in an interview: “The success of this spring auction, especially the outstanding performance of the jadeite session, fully confirms the accuracy of our market judgment. In the context of gradual global economic recovery, high-quality, rare artworks, particularly jadeite with cultural heritage and investment value, have further highlighted their hedging and appreciation attributes.”
Market Analysis and Trend Judgment:
- Strong Demand for High-End Jadeite: The auction results indicate that the market demand for top-tier jadeite remains robust. Buyers are willing to pay high prices for jadeite with perfect appearance, excellent transparency, and vibrant color. This reflects collectors' long-term investment confidence in scarce resources.
- Diversified Collection Trend: In addition to traditional pendants and bangles, uniquely designed and exquisitely crafted jadeite carvings have also attracted widespread attention, with steadily rising transaction prices, suggesting that jadeite art collection is moving towards diversification.
- Asian Buyers Dominate: From the bidding situation, Asian buyers, especially those from Greater China, remain the main force in the jadeite market. Their cultural identification with jadeite and investment enthusiasm are important supports for the market's continued prosperity.
- Brand Effect Prominent: As a century-old institution, Xiling Yinshe's brand reputation and professional appraisal capabilities provide strong endorsement for the lots, attracting numerous high-end collectors.
Expert Commentary:
Ms. Wang Chunli, a renowned jewelry and jade appraisal expert and professor at the School of Gemology, China University of Geosciences (Wuhan), pointed out: “The jadeite transaction data from this Xiling spring auction is encouraging. The sale price of the 'Imperial Green Fortune and Longevity' pendant not only set a new world record for similar lots but also sent a clear signal: against the backdrop of inflation expectations and increasing global uncertainty, the value preservation and appreciation attributes of top-tier jadeite as a hard currency are highly recognized by the market. In the coming years, we expect the market prices of high-quality jadeite to continue to rise steadily, especially for artworks with historical heritage or unique design concepts, which will have even more considerable appreciation potential.”
Looking ahead, Xiling Yinshe will continue to cultivate the art market, striving to provide collectors with more exquisite masterpieces, and continuously monitor market dynamics, leading new trends in art collection with professional insight and rigorous attitude.