【Beijing】May 28, 2026 – The highly anticipated Beijing Council 2026 Spring Art Auction concluded successfully today. The 'Jade Radiance – Hetian Jade Specialist Session' performed particularly well, once again confirming the steady growth momentum of the high-end Hetian jade market. This session featured 120 carefully selected Hetian jade pendants, with 108 pieces ultimately sold, achieving a total transaction value of RMB 125 million and a remarkable sell-through rate of 90%, significantly exceeding market expectations.
The highlight of this auction was undoubtedly several rare Hetian jade 'seed material' pendants. Among them, a white jade seed material plaque named 'Auspicious Beasts Presenting Good Fortune,' with its delicate and warm jade quality, partial golden skin, and exquisite craftsmanship depicting lifelike auspicious beasts, was hammered down at a high price of RMB 18 million. This represents an increase of over 20% compared to its estimated price (RMB 12 million - 15 million), making it the highest-priced lot of the session. Another 'Guanyin Sitting on Lotus' white jade seed material pendant, with its flawless white jade and smooth carving lines, depicting a solemn and dignified Guanyin, sold for RMB 12.5 million, with a premium of approximately 15%. Furthermore, several white jade seed material pendants weighing between 30 and 80 grams, all of superb jade quality, generally fetched prices ranging from RMB 3 million to RMB 8 million, with increases of 10%-25%.
From the data, both the sell-through rate and total transaction value of this Hetian jade pendant session reached historical highs for similar sessions in the past two years. Compared to the 2025 Spring Auction, the average transaction price of Hetian jade pendants increased by approximately 12%, indicating the market's continued strong demand for high-quality Hetian jade. Especially Xinjiang Hetian jade seed material, due to its scarcity and unique warm texture, remains a focal point for collectors.
Market Analysis and Trend Prediction:
Li Ming, a senior jade market analyst, stated: "The success of this Beijing Council Spring Auction's Hetian jade session once again confirms the resilience and vitality of the high-end Hetian jade market. In the current macroeconomic environment, the safe-haven attribute of art investment is becoming increasingly prominent. Hetian jade, as a treasure of traditional Chinese culture, has high value recognition and is non-renewable, making it a stable investment choice. Especially well-preserved, high-quality, and exquisitely carved Hetian jade seed material pendants, their scarcity dictates that their prices will continue to rise."
Li Ming further pointed out that the future Hetian jade market will exhibit the following trends:
- Clear trend towards high-quality pieces: Collectors are increasingly demanding higher quality jade. Ordinary materials or jade with flaws will have limited price appreciation, while top-grade seed materials and master-level carved works will continue to be highly sought after.
- Enhanced cultural added value: Pendants with profound cultural connotations, auspicious meanings, or historical provenance will be more favored, and their artistic and collection value will be further highlighted.
- Strengthened brand effect: Works by renowned jade carving masters and pieces offered by reputable auction houses will more easily gain market recognition and high premiums.
- Entry of young collectors: With the enhancement of cultural confidence and the shift in aesthetic concepts, an increasing number of younger generations are beginning to pay attention to and collect Hetian jade, injecting new vitality into the market.
Mr. Wang Qiang, Deputy General Manager of Beijing Council Auction House, stated in an interview: "We are very satisfied with the performance of this Hetian jade session. This is not only an affirmation of our discerning eye in selecting lots but also a deep recognition of the cultural value of Hetian jade. In the future, we will continue to cultivate the Hetian jade market, striving to present more fine pieces to collectors, and actively promote the inheritance and development of Hetian jade culture."
The success of this spring auction undoubtedly injected a shot in the arm for the art market in the second half of 2026, indicating that the Hetian jade market will continue to maintain its unique charm and investment value.