BEIJING, November 15, 2026 – The highly anticipated Poly 2026 Autumn Art Auction recently concluded successfully, with the “Treasures Galore – Jade Carving Art Specialist Session” standing out. Multiple master jade carving works were sold at prices far exceeding expectations, once again affirming the strong vitality and investment value of the high-end jade art market.
This specialist session featured a total of 120 exquisite jade carving works, achieving a total transaction value of RMB 380 million, with a remarkable sell-through rate of 88.5%. Among them, a white jade pebble carving of 'Guanyin Statue' by contemporary jade carving master Wu Desheng was hammered at an astonishing price of RMB 38 million, significantly surpassing its highest estimate of RMB 22 million, with a premium rate of 72.7%, making it the highest-priced lot of the session. Another impressive piece, a 'Landscape and Figures Ornament' in jasper by master Yang Shicheng, fetched RMB 25 million, a 66.7% increase from its estimate of RMB 15 million. In addition, innovative works by a group of young jade carving artists also attracted considerable attention, such as Li Zhuofan's celadon jade 'Zen Arhat', which sold for RMB 3.5 million, an increase of 40% from its estimate, demonstrating the market's recognition of emerging talents.
Overall, the jade carving session of this autumn auction saw a 15% increase in total transaction value compared to the same period last year, and the sell-through rate also improved by 3 percentage points. This trend indicates that, against the backdrop of a stabilizing economic environment, high-quality jade works with provenance and artistic value remain the focus of collectors. Especially the masterpieces by contemporary jade carving artists, due to their scarcity, artistry, and cultural connotations, have shown particularly strong price performance.
Mr. Wang Mingyuan, Senior Specialist of Poly Auction's Chinese Works of Art Department, stated in an interview: “The success of this autumn auction's jade carving session once again validates our market judgment. Collectors' understanding of jade carving art is continuously improving; they no longer solely focus on the material but also pay more attention to the artistic quality, craftsmanship, and reputation of the creator. Especially those master-level works that cleverly integrate traditional cultural elements with modern aesthetics, their value is being fully explored by the market. We observe that top-grade white jade pebbles and distinctive jasper, black jade, and other materials, as long as they possess exquisite carving and unique creativity, are favored by the market.”
Market analyst Ms. Li Hua also pointed out: “The current jade art market is showing a polarization trend. On one hand, works of ordinary material and mediocre craftsmanship have poor liquidity and significant price fluctuations; on the other hand, master-level works and high-potential collectibles show stable price trends, even rising against the general trend. This reflects collectors' increasingly rational and mature investment philosophy. We expect this trend to continue in the coming years, with the value of high-quality jade carvings further consolidating and increasing, especially those works that embody both cultural heritage and innovative spirit, which will become new growth points in the market.”
The success of this Poly autumn auction undoubtedly brought a perfect close to the 2026 art market and provided positive signals for the market direction in 2027. As a treasure of traditional Chinese culture, the market value of jade carving art continues to climb with the deepening of art investment concepts.