【Hangzhou, November 18, 2026】The highly anticipated Xiling Yinshe 2026 Autumn Auction concluded successfully yesterday, with the 'Jijin Leshi·Ancient Jade Session' performing exceptionally well, achieving a total turnover of RMB 285 million and a high sell-through rate of 89.5%, indicating a strong recovery in the ancient jade market.

This ancient jade session featured 152 carefully selected lots, covering various jade artifacts from the Neolithic age to the Ming and Qing dynasties. Among them, high-ancient jades became the biggest highlight of the auction, with several pieces selling for prices significantly exceeding their estimates, attracting widespread market attention.

Key Lot Transaction Data:

* Neolithic Liangzhu Culture Jade Cong King: This magnificent jade cong king, with its grand form, exquisite patterns, and excellent preservation, is a pinnacle of Liangzhu culture jade artistry. After multiple rounds of intense bidding, it was hammered at RMB 82 million, exceeding its pre-sale estimate (RMB 50-70 million) by approximately 17.1%. It was acquired by an anonymous private collector, setting a new auction record for Liangzhu jade congs in the past five years.

* Shang Dynasty Celadon Jade Dragon-shaped Pendant: This dragon-shaped pendant features superb craftsmanship, a warm jade texture, and flowing lines, highly characteristic of Shang Dynasty jade. It sold for RMB 35 million, an increase of 16.7% compared to its pre-sale estimate of RMB 20-30 million.

* Han Dynasty White Jade Bixie: A pair of Han Dynasty white jade bixie, with their powerful forms, delicate carving, and lustrous jade, sold for RMB 48 million, far exceeding their estimate of RMB 25-35 million, with a remarkable increase of 37.1%, showcasing the market's strong demand for high-grade Han Dynasty jades.

* Tang Dynasty White Jade Flying Apsara: This Tang Dynasty white jade flying apsara, with its elegant carving and vivid expression, represents the peak of jade carving art during the prosperous Tang Dynasty. It ultimately sold for RMB 18 million, an increase of 20% from its estimate of RMB 10-15 million.

* Ming Dynasty Hetian Jade Carved Mountain with Scholar under Pine: A Ming Dynasty Hetian jade mountain carving, featuring a warm jade texture, intricate carving, and profound artistic conception. It sold for RMB 12 million, falling within its estimated range of RMB 8-12 million.

Market Analysis and Trend Prediction:

The success of this Xiling Yinshe Autumn Auction's ancient jade session clearly conveys several important market signals. Firstly, the value return trend of high-ancient jades is evident. While high-ancient jades experienced a period of decreased attention during the market adjustment phase in recent years, the high premium sales of multiple high-ancient jade pieces in this auction indicate that the scarcity and historical cultural value of top-tier high-ancient jades are being re-recognized by the market. Collectors have shown strong purchasing intent for exquisite high-ancient jades with clear provenance, perfect condition, and profound cultural connotations.

Secondly, the boutique strategy has achieved significant results. Xiling Yinshe's emphasis on 'fewer but finer' in lot collection, strictly controlling the quality of the items, ensured that every ancient jade offered possessed high artistic and collection value. This was undoubtedly a crucial guarantee for the high sell-through rate and premium prices.

Furthermore, market confidence is gradually recovering. Against the backdrop of a gradually stabilizing macroeconomic environment, the art market, especially the ancient jade market with its dual attributes of hedge and cultural heritage, is attracting more capital flow. High-net-worth individuals' investment enthusiasm for scarce art pieces remains strong, and even increased.

Expert Commentary:

Professor Li Ming, a renowned ancient jade appraisal expert and Vice President of the China Jade Culture Research Association, stated in an interview: "The performance of this Xiling Yinshe ancient jade session is inspiring. The transaction prices of the Liangzhu Culture Jade Cong King and the Han Dynasty White Jade Bixie not only set new records for similar items but, more importantly, sent a positive signal to the market: the value洼地 of top-tier high-ancient jades is being filled, and their historical and artistic value are receiving due respect and recognition. In the coming years, we anticipate that the high-ancient jade market will continue to grow steadily, especially for museum-quality pieces with clear provenance and documented records, which still hold immense appreciation potential. At the same time, collectors should still focus on cultural connotations, craftsmanship, and preservation status when investing in ancient jades, and avoid blindly following trends."

Mr. Lu Ming, General Manager of Xiling Yinshe Auction Co., Ltd., also expressed: "We are very satisfied with the results of this ancient jade session. This is not only an affirmation of our team's professional capabilities but also a strong testament to the potential of the Chinese traditional jade culture market. In the future, we will continue to deeply cultivate the ancient jade field, providing collectors with more high-quality art treasures and contributing to the promotion of Chinese jade culture."

In summary, the success of the Xiling Yinshe 2026 Autumn Auction's ancient jade session has injected a strong boost into the entire art market, signaling a new stage full of opportunities for the ancient jade collection market.