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 RMB 1.28 billion, with a sell-through rate of 86.5%, marking a 15% increase compared to the same period last year. This indicates a strong recovery trend in the art market, particularly in the high-end jadeite artwork sector. The jadeite artwork专场 (special session) was particularly outstanding, with a total transaction value exceeding RMB 350 million and a sell-through rate as high as 92%, with multiple lots setting new records for similar transactions.
The highlight of this spring auction was undoubtedly the “Emerald Condensation” – Jadeite Artworks special session. This session featured over 80 exquisite jadeite treasures, including bracelets, necklaces, pendants, and ornamental pieces. Among them, a lot named “Imperial Green Jadeite Bead Necklace,” composed of 28 plump, round, and uniformly colored imperial green jadeite beads, was finally hammered at an astonishing price of RMB 88 million, far exceeding its pre-auction estimate of RMB 60 million, representing a premium of 46.7%. Another lot, an “Ice-Type Yang Green Jadeite Guanyin Pendant,” with its delicate texture and exquisite carving, was sold for RMB 26 million, a 30% increase from its estimate. In addition, a set of “Fu Lu Shou Jadeite Ornaments,” carved by imperial artisans during the Qing Dynasty, fetched RMB 45 million, demonstrating collectors' pursuit of artworks that combine historical and cultural value with rare materials.
Mr. Wang, Executive Director and General Manager of Xiling Yinshe Auction Co., Ltd., stated in an interview: “The success of this spring auction, especially the excellent performance of the jadeite artwork special session, fully confirms our judgment on market trends. After several years of adjustment, the high-end art market is gradually regaining vitality, and rare, high-quality jadeite, as an important carrier of traditional Chinese culture, is being recognized for its value by an increasing number of collectors. We have observed that not only seasoned collectors but also many new buyers are starting to pay attention to and invest in jadeite collection.”
Market analysts believe that the transaction data from this Xiling Yinshe spring auction has injected a strong shot in the arm for the 2026 art market. The strong performance of the jadeite artwork sector is mainly attributed to several factors: firstly, the gradual stabilization of the global economic environment has boosted the confidence of high-net-worth individuals; secondly, the increasing scarcity of jadeite resources continues to drive up its investment and collection value; furthermore, the growing interest of the younger generation of collectors in traditional culture has also fueled the market demand for jadeite artworks. It is expected that the high-end jadeite artwork market will continue to maintain steady growth in the next two years, with treasures featuring unique designs, exquisite craftsmanship, and clear provenance being particularly sought after.
Professor Li, a renowned jade identification expert, commented: “The record-breaking prices of multiple jadeite lots in this auction are not just a reflection of market confidence, but also a deep exploration of the intrinsic value of jadeite artworks themselves. Particularly that imperial green bead necklace, with its excellent 'zhongshui' (clarity and texture) and 'se' (color), and large, uniform beads, is extremely rare in today's market. The scarcity of such top-tier jadeite dictates its upward price potential. For collectors, choosing well-preserved, well-documented exquisite pieces remains key to preserving and increasing value.”
In summary, the Xiling Yinshe 2026 Spring Auction, with its impressive transaction data, especially the outstanding performance of the jadeite artwork sector, paints a positive picture for the art market. This not only signals a recovery in market confidence but also points the way for future investment and collection in high-end art, particularly rare gemstone artworks.