Hangzhou, May 28, 2026 – The highly anticipated Xiling Yinshe 2026 Spring Auction concluded successfully yesterday. The total transaction value of this spring auction reached an impressive 1.25 billion RMB, with a sell-through rate of 86.5%, an increase of 15% compared to the same period last year. This indicates a strong recovery trend in the art market, especially in the high-end jadeite art segment. The jadeite artworks special session performed particularly well, with a total transaction value exceeding 380 million RMB and a sell-through rate as high as 92%, with multiple lots setting new auction records in their respective categories.
The highlight of this spring auction was undoubtedly the “Imperial Green” jadeite series. An “Imperial Green” jadeite bangle, named “Cui Hua Ning Lu” (Dew-Kissed Jadeite Splendor), attracted fierce bidding from numerous collectors due to its exceptional clarity, intense color, and perfect form. This bangle ultimately sold for a staggering 120 million RMB, far exceeding its pre-auction estimate of 80 million RMB, with a premium rate of 50%, making it the top lot of this spring auction. Another “Spring River Flower Moon Night” jadeite pendant, exquisitely crafted by a master carver, sold for 65 million RMB, a 30% increase from its estimate, owing to its ingenious artistic conception and rare material. In addition, a batch of innovatively designed and exquisitely crafted jadeite inlaid jewelry also performed well, with an average transaction price about 20% higher than the estimate, demonstrating the market's continued pursuit of jadeite jewelry that combines both artistic and wearable qualities.
Mr. Lu Ming, 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 art segment, fully confirms our accurate judgment of market trends. Against the backdrop of a gradually stabilizing macro economy, high-quality, scarce artworks, especially top-tier jadeite with both collection and investment value, are increasingly highlighting their value preservation and appreciation attributes, becoming an important choice for collectors' asset allocation.”
Professor Zhang Hua, a senior jadeite market analyst, pointed out: “The data from this Xiling Yinshe spring auction holds significant market indicator meaning. The ultra-high premium sale of 'Imperial Green' jadeite indicates that the scarcity value of top-tier jadeite is further amplified under the global demand for wealth preservation and appreciation. At the same time, jadeite jewelry with strong design and exquisite craftsmanship is also sought after, reflecting the diversification and youthfulness of market aesthetic preferences. In the next few years, we expect the high-end jadeite market to continue to grow steadily, while mid-to-low-end jadeite may face greater market differentiation.”
From a regional perspective, the buyer composition of this spring auction also showed a diversified trend. In addition to traditional mainland Chinese collectors, buyers from Hong Kong, Singapore, and North America significantly increased their participation, actively engaging through online bidding and absentee bidding, further broadening the international market for jadeite artworks. This indicates that the global influence of traditional Chinese art is gradually expanding.
Looking ahead, Xiling Yinshe Auction will continue to delve deep into the art market, especially in the field of jadeite artworks, paying more attention to the cultural connotation, artistic value, and market scarcity of the lots. It is expected that the next auction will continue to focus on fine pieces, presenting more rare jadeite with historical heritage and contemporary aesthetic value to collectors.
The success of this spring auction not only brought fruitful results to Xiling Yinshe but also injected a shot in the arm for the entire art market, heralding the arrival of a vibrant new era of art collecting.