【Beijing, November 18, 2026】The highly anticipated Poly 2026 Autumn Auction recently concluded successfully, with the “Condensing Green Radiance – High-End Bi Yu Jade Masterpieces Special Session” performing exceptionally well. The total transaction value reached RMB 185 million, with a remarkable sell-through rate of 92.5%, significantly exceeding market expectations. The success of this special session not only reaffirmed the resilience of the high-end Bi Yu jade market but also released positive signals of a general rebound in the jade market.
This special session featured 120 meticulously selected Bi Yu jade lots, ranging from imperial Bi Yu jade artifacts of the Qing Dynasty to innovative works by contemporary jade carving masters. Among them, a “Bi Yu Jade Carved Dragon and Phoenix Ruyi Scepter” from the Qianlong period of the Qing Dynasty was hammered at a high price of RMB 38 million, far exceeding its estimate of RMB 22 million, becoming the highest-priced lot of the session. Another piece, a “Bi Yu Jade Landscape Plaque” created by contemporary jade carving master Li Ming, sold for RMB 12 million, an increase of 33% over its estimate, demonstrating the strong market appeal of contemporary masterworks. In addition, several important Bi Yu jade bracelets, ornaments, and scholar's objects were sold at high premiums, with an average premium rate of 28%.
Mr. Zhang Hua, head of Poly Auction's Jade Department, stated in an interview: “The success of this Bi Yu jade special session is primarily due to our strict control over the quality of the lots and precise market positioning. We observed that collectors still have strong demand for high-end Bi Yu jade with clear provenance, exquisite craftsmanship, and superior jade quality. Secondly, the gradual improvement of the macroeconomic environment has also injected confidence into the art market. The auction results indicate that fine Bi Yu jade, as a scarce resource with both artistic and investment value, its risk resistance and value preservation and appreciation attributes are being re-evaluated and recognized by the market.”
Professor Wang, a renowned jade market analyst, pointed out: “In the past few years, affected by global economic fluctuations, the jade market experienced a period of adjustment. However, judging from Poly's performance in this autumn auction, the high-end Bi Yu jade sector has taken the lead in emerging from the trough, showing a strong rebound. Especially those Bi Yu jade works with cultural connotations, historical heritage, or master endorsement, their market performance is particularly outstanding. This reflects that collectors are becoming more rational in their investment decisions, paying more attention to the rarity, artistry, and cultural value of their collections. It is expected that the high-end jade market will continue to maintain steady growth in the next 2-3 years, and fine Bi Yu jade will remain a hot spot in the market.”
The success of this auction not only brought substantial returns to Poly Auction itself but also injected a shot in the arm for the entire jade industry. With the continuous development of China's economy and the upgrading of cultural consumption, the long-term investment value of the high-end art market, especially jade categories with profound cultural heritage, will be further highlighted. Industry insiders generally believe that the excellent performance of the Bi Yu jade special session at Poly's autumn auction signals that the jade market is ushering in a new period of prosperity, and collectors and investors should closely monitor market dynamics and seize investment opportunities for high-quality collections.
Looking ahead, with the release of more high-quality jade resources and the continuous innovation of jade carving techniques, the market prospects for high-end Bi Yu jade will be even broader. Poly Auction will also continue to cultivate the jade market, bringing more exquisite pieces to collectors, and jointly promoting the inheritance and development of jade culture.