【Beijing, November 15, 2026】The highly anticipated Poly 2026 Autumn Auction concluded successfully yesterday, with the “Condensing Green Radiance – High-End Bi Yu Jade Masterpieces” special session performing exceptionally well. The total transaction value reached an impressive RMB 185 million, with a sell-through rate of 92.3%, significantly exceeding market expectations. This figure not only set a new record for Bi Yu jade special sessions in recent years but is also widely regarded by the industry as a crucial signal of the strong recovery of the jade market, particularly in the high-end Bi Yu segment.
The Bi Yu jade special session featured a total of 105 meticulously selected lots, ranging from imperial Bi Yu jade artifacts of the Qing Dynasty to innovative works by contemporary jade carving masters. Among them, a 'Qing Dynasty Qianlong Period Bi Yu Jade Carved Kui Dragon Pattern Vase with Live Ring Handles' was hammered at an astonishing price of RMB 38 million, far surpassing its estimated price of RMB 22 million, achieving a premium rate of 72.7%, making it the highest-priced lot of the session. The exquisite craftsmanship, warm jade quality, and distinguished provenance of this piece attracted fierce bidding from multiple collectors. Another 'Bi Yu Jade Landscape Screen' created by contemporary jade carving master Li Ming sold for RMB 12.5 million, an increase of 56.3% compared to its estimated price of RMB 8 million, once again affirming the market value of works by renowned contemporary artists.
Overall, the average transaction price per item in this Bi Yu jade special session reached RMB 1.76 million, an increase of approximately 25% compared to similar sessions at Poly's 2025 Autumn Auction. Notably, all lots estimated above RMB 5 million were sold, with many achieving premium rates exceeding 30%. This indicates that the scarcity and artistic value of high-end Bi Yu jade are being re-evaluated and recognized by the market.
Zhang Hua, a veteran auction industry journalist, commented: “The success of this Poly Autumn Auction's Bi Yu jade session is not accidental. After a brief market adjustment in the past two years, collectors' demand for high-quality, well-provenanced, and artistically valuable jade remains strong. Bi Yu jade, in particular, with its unique color and warm texture, holds a significant position in Eastern aesthetics. The high-premium lots sold were all exemplars of superior jade quality and exquisite craftsmanship.”
Li Na, a jade market analyst, pointed out: “The gradual stabilization of the global economic environment and the promotion of art investment by the resurgence of Chinese traditional culture are crucial macro factors contributing to the recovery of the Bi Yu jade market. Furthermore, the professionalism of auction houses in soliciting, authenticating, and promoting lots is also vital. Poly's strict vetting and precise positioning of the lots in this session successfully attracted the attention of top domestic and international collectors. It is anticipated that the high-end Bi Yu jade market will continue to maintain steady growth in the next two years, especially for works with rarity, historical value, and master endorsement, whose investment value will be further highlighted.”
The outstanding performance of the Poly 2026 Autumn Auction's Bi Yu jade session has undoubtedly injected a strong boost into the entire jade art market, signaling the arrival of a more active and opportunity-filled era for collectors and investors. Collectors and investors should closely monitor market dynamics and seize investment opportunities for high-quality lots.