Hangzhou, November 18, 2026 – The highly anticipated Xiling Yinshe 2026 Autumn Auction concluded successfully yesterday, with the “Jade Radiance – Chinese Hetian Jade Masterpiece Special” performing exceptionally well. The total transaction value reached RMB 185 million, with a remarkable sell-through rate of 92.5%, once again affirming the strong resilience and continuous growth potential of the high-end Hetian jade market.
This special session featured 120 carefully selected Hetian jade lots, covering various categories such as raw籽料 (seed jade), jade carvings, scholarly objects, and jewelry. Among them, a “Hetian Jade Seed Material Carving” weighing 2.5 kilograms became the highlight of the auction due to its rich skin color, delicate texture, and superior whiteness. After multiple rounds of intense bidding, it was finally hammered at RMB 28 million, a 25% premium over its upper estimate, setting a new auction record for similar seed jade in recent years. Another piece, a “White Jade Auspicious Beast Sculpture” created by contemporary jade carving master Zhang Ming, with its exquisite craftsmanship and vivid form, sold for RMB 12 million, exceeding its estimate by 30%. In addition, a batch of exquisitely designed and auspicious Hetian jade ornaments were highly sought after, with many lots selling at prices more than 20% above their estimates, demonstrating the growing market demand for jade articles that combine artistic value with practical functionality.
Overall, the total transaction value of this Hetian jade special session increased by 15% compared to the same session in the 2025 autumn auction, and the sell-through rate also improved by 3 percentage points. Top-tier seed jade and works by renowned jade carving masters remained the focus of market pursuit, with price increases generally ranging from 15% to 30%. Mid-range jade articles performed steadily, while some uniquely designed and culturally rich creative jade pieces began to emerge, attracting the attention of younger collectors.
Mr. Li Ming, head of the Jade Department at Xiling Yinshe Auction Co., Ltd., stated in an interview: “The success of this Hetian jade special session is, on the one hand, due to our high-standard selection of lots, ensuring the quality and rarity of each piece; on the other hand, it also reflects the current market’s undiminished enthusiasm for investing in art with value preservation and appreciation attributes. Especially high-quality Hetian jade seed material, its scarcity of resources determines its long-term investment value.”
Professor Wang Qiang, a senior jade market analyst, pointed out: “The data from the 2026 autumn auction once again proves the unique charm and investment value of Hetian jade as a treasure of traditional Chinese culture. Against the backdrop of increasing global economic uncertainty, Hetian jade, with its stable market performance and profound cultural heritage, has become an important option for asset allocation for many high-net-worth individuals. In the future, we expect the Hetian jade market to show a two-tiered trend: top-tier masterpieces with scarcity and artistic value will continue to maintain strong growth momentum; while ordinary quality jade articles may face greater market competition. At the same time, with the changing aesthetic concepts of the younger generation of collectors, innovative jade articles that combine traditional charm with modern design will have broader market space.”
The outstanding performance of the Hetian jade special session at the Xiling Yinshe Autumn Auction undoubtedly injected a shot in the arm for the 2026 Chinese art auction market, indicating that the high-end jade collection market will continue to remain active and develop towards a more professional and refined direction.