【深圳商报讯】（记者 范宏韬）8月23日晚，"前海文化艺术品保税拍卖会暨华艺国际2025深圳·现当代 艺术专题拍卖"在海上世界文化艺术中心正式举槌。这场拍卖会是广东省首次艺术品保税拍卖，50余件 国内外现当代艺术精品集中亮相，其中保税拍品占比约五成，最终以76%的保税拍品成交率，为大湾区 文化保税业态探索写下生动注脚。 此次拍卖的成功，标志着前海文化保税业态的又一次重要突破，前海文化保税全链条服务体系逐步完 善，助力前海打造大湾区文化交流新生态。 拍卖现场，巴勃罗·毕加索、达米恩·赫斯特等国际艺术大师以及奈良美智、盐田千春、丁雄泉、谭平、 周春芽等中外名家的50余件作品，引发现场激烈角逐。最终，拍卖会总成交额达485.76万元，总成交率 61.2%；其中保税拍品表现尤为突出，成交额约207.58万元，成交率高达76%，充分展现市场对保税艺 术品流通模式的认可。 记者了解到，此次拍卖会在模式创新上迈出关键一步，不仅首次大幅提升保税艺术品占比，更创新采 用"境外保税 + 境内艺术"同台竞拍形式，通过拍卖流程与检索环节的无缝衔接，为文化保税业态的发展 路径提供了鲜活样本。 ...

9月26日，佳士得将携赵无极巨作《17.3.63》登陆香港亚太区总部举行的二十及二十一世纪晚间拍卖。此次拍卖的《17.3.63》作品创作于1963年，估价区间 7000-9000万港元，距离2018-2019 年期间拍出的作者三幅相近尺幅1960年代作品成交价下跌约40-50%。同时期内，虚拟资产市场头部币种比特币价格自 2018年5月26日（赵无极相似尺幅1960年代作品《28.02.67》拍品终止拍卖日）至今暴涨16倍。 稀缺性作为核心价值支撑 r 11 the 11 the de 1 1 1 2 tion t a was THE PERSON thin al the report of the state of the states of the states of the states of the states of the states of the states of the station of the states of the states of the states of t pen Americ 赵无极 (1920-2013)《17.3.63》油彩 画布 130 x 97.2公分（51 ...

are and the state of the support of Den Profit Ti s and the the consisted Career d Free Book of the States of the County of the the Arth S - & the are and the call and and The Property are and 在城市大切 State USB e Blanch 2 11:21:31: - Hotel American 官方法 player K WAND & 1960年代赵无极以鲜红色调创作的类似尺幅或更大型作品仅有19幅，其中仅余8幅（包括此作）从未现身于拍场。 《17.3.63》采用艺术家「狂草时期」经典 的中轴式构图，具有速度感的书法性笔触自上而下给画面带来力量感，展现了艺术家巅峰时期的创作激情与自信。此作亦展现出艺术家对光影的极致掌控， 他于1960年代初移居至巴黎一个较为开阔的玻璃天窗工作室，从屋顶倾泻而下的自然光线对他的创作产生了重要影响。 佳士得亚洲区主席程寿康表示：「我们深感荣幸能够见证赵无极巨作《17.3.63》首登拍场。 ...

Core Insights - The global art auction market is entering a period of adjustment after continuous growth from 2021 to 2022, with signs of stabilization emerging in the first half of 2025 [1] - Christie's reported a total auction turnover of $2.1 billion (approximately 15.12 billion RMB) in the first half of 2025, remaining stable compared to the previous year, with a sales rate of 88%, reflecting market resilience [1][2] - Notably, the number of Christie's auction items in the top ten highest sales increased from 6 to 7 compared to the previous year, indicating a shift in the global art market dynamics [1] Group 1: Market Performance - Christie's achieved a total auction turnover of $1.3 billion in the 20th and 21st-century art market segment, remaining stable year-on-year [3] - The highest auction price for an artwork this year was a piece by Piet Mondrian, sold for $47.6 million (approximately 342 million RMB), making Christie's the only auction house to sell artworks over $30 million [3] Group 2: Emerging Trends - The luxury goods segment, including jewelry, watches, fine wines, and handbags, saw a 12% increase in sales, reaching $405 million, with jewelry sales alone growing by 25% [5] - The auction of fine wines in New York achieved a 100% sales rate, with a total turnover of $28.8 million, marking it as the highest single collection sale in North America [5] Group 3: Regional Insights - Buyers from the Americas contributed 45% of the total turnover, making it the largest auction market, followed by Europe, the Middle East, and Africa at 34%, and Asia-Pacific at 21% [6] - The demand from Asian collectors, particularly from mainland China and Hong Kong, is increasing, indicating a growing influence in the global auction market [6] Group 4: Future Outlook - The high-end market remains active, with a focus on unique, rare items that tell a story, suggesting a trend towards stability and reliability in the market [7] - Digital innovation and the auctioning of large personal collections are expected to continue influencing the market dynamics in the latter half of 2025 [6][7]

Core Insights - The return rate of art investments is currently at a 70-year low, with projections indicating a continued decline in 2023 and 2024, reaching -0.9% and -1.4% respectively [2][5] - In contrast, the S&P 500 index has shown consistent double-digit growth annually since 2018, highlighting a significant disparity in long-term returns between art and stocks [2] - Despite the current downturn, there are signs of market recovery, suggesting a potential historic opportunity for art collectors [2] Art Market Indices - The newly released MM Intercontinental Art Price Index shows that the Asian, African, and Oceanian art index has increased from 1 at the end of 2000 to 6.21 by spring 2025, with a compound annual growth rate (CAGR) of 7.7% [5] - The European art index has risen from 1 to 1.73 over the same period, with a much lower CAGR of 2.3% [5] - The American art index has grown from 1 to 2.88, reflecting a CAGR of 4.4%, but still shows a 15% decline from its peak in 2021 [5] Chinese Art Market Performance - The MM Chinese Art Price Index has shown a significant increase from 1 at the end of 2000 to 8.55 by spring 2025, with a CAGR of 9.2% [6] - After a decline of 48.2% from its peak in 2020, the Chinese art market rebounded with a 9% increase in spring 2025 [7] - The performance of Chinese art has outpaced Impressionist and contemporary art indices, which have CAGRs of 3.2% and 5.1% respectively [7] Market Sentiment and Future Outlook - The MM Chinese Art Sentiment Index indicates a recovery in collector confidence for the autumn 2024 auction, although the spring 2025 market remains subdued [8] - The sentiment index has reached new lows in spring 2020 and spring 2024, reflecting the impact of various factors on market dynamics [8] - Future pricing of Chinese art is expected to fluctuate as major asset classes like real estate and stocks undergo revaluation [7]

Core Insights - Blockchain technology is revolutionizing the art auction market by addressing issues such as authenticity verification and ownership transfer transparency [1][3][12] - The rise of NFTs (Non-Fungible Tokens) is providing a digital proof of ownership and authenticity for artworks, enhancing traceability and trust in the art market [3][7][10] Blockchain Technology Advantages - Blockchain offers a decentralized, immutable, and transparent ledger, making it ideal for verifying the authenticity and ownership of artworks [3][5] - Each artwork's information, including creation date, artist, and transaction history, can be securely recorded on the blockchain, solving the "authenticity dilemma" in traditional art markets [3][9] NFT Emergence and Art Traceability - NFTs serve as unique digital assets representing artworks, ensuring their uniqueness and provenance [3][7] - NFTs contain detailed information about the artwork, including background, ownership records, and transaction history, which are publicly accessible and immutable [3][9] Automated Ownership Transfer - The integration of blockchain and NFTs simplifies the ownership transfer process through smart contracts, automating transactions and reducing reliance on intermediaries [5][11] - Smart contracts enhance transaction efficiency and security, ensuring that every transaction is legitimate and executed seamlessly [5][11] Future of Art Auctions with Blockchain - The art auction market is expected to undergo significant transformation, moving towards decentralized platforms that increase transparency and accessibility for art enthusiasts [7][12] - The combination of blockchain and NFTs is paving the way for a more transparent, secure, and intelligent future in the art market [7][12] Market Transparency - Blockchain technology allows for permanent recording and tracking of every transaction, significantly reducing the potential for fraud and enhancing market health [9][12] - Collectors can verify the authenticity of their purchases and access historical transaction records, improving trust and providing accurate pricing data [9][12] Artist Benefit Protection - NFTs provide artists with new revenue streams and copyright protection, allowing them to earn from secondary market sales through smart contract royalties [10][12] - This mechanism encourages artists to focus on quality and innovation in their work while enhancing their brand recognition [10][12] Impact on Auction Houses - Traditional auction houses can streamline their processes and reduce costs through the adoption of NFTs and blockchain technology [11][12] - Blockchain enables real-time monitoring of auction transactions, ensuring transparency and fairness in the auction process [11][12]

Core Insights - The consumption patterns of young people are significantly changing the market landscape in China, leading to a decline in traditional industries such as liquor, art, and high-end furniture [1][5]. Group 1: Alcohol Industry - The consumption of liquor, particularly Baijiu, has seen a drastic decline among young adults, with the percentage of those in their 20s consuming it dropping to below 10% by 2020, down from previous years [3]. - Baijiu production has decreased by nearly 30% year-on-year, affecting even leading companies like Moutai [3][11]. Group 2: Art and Collectibles - The art auction market has shrunk by over 50%, with participation from individuals in their 20s falling below 10% [5]. - Collectibles such as stamps have become less appealing, now primarily enjoyed by older generations [5]. Group 3: High-End Furniture - High-end furniture, particularly rosewood, is struggling due to its high price and bulkiness, leading to significant sales declines and inventory buildup [5]. - Young consumers prefer simpler, more lightweight options over traditional luxury items [5]. Group 4: Overall Consumer Behavior - Young consumers are increasingly prioritizing immediate needs over luxury items, showing reluctance to take on debt for housing or invest in high-end goods [7]. - There is a shift towards valuing tangible, practical experiences over status symbols, with a preference for fast-moving consumer goods [9][11].

Core Insights - The art auction market in China is undergoing a subtle yet significant value reconstruction, driven by a more culturally aware collector base that is reshaping local art value coordinates [1][3][4] Market Performance - The first round of the 2025 spring auction in Hong Kong saw significant sales, with a notable piece by Yuan dynasty calligrapher Rao Jie selling for 250 million HKD, indicating a strong market sentiment [3] - China Guardian reported a total transaction volume of 1.6 billion RMB during the spring auction, reflecting a resilient market despite economic uncertainties [3] - The global art market sales reached 57.5 billion USD in 2024, a 12% decline year-on-year, yet Chinese collectors showed resilience, with their contribution to total sales at Christie's spring auction increasing by 18% compared to 2024 [3][4] Market Trends - The auction market is characterized by a strong demand for high-quality, rare items, while lower-priced and common pieces are experiencing price corrections [6][8] - The market is witnessing a structural transformation, with a growing preference for "small but exquisite" artworks, as buyers increasingly seek unique pieces [8][11] - Online auction participation has surged, with online bidding accounting for 36% of total bids, and the number of online bidders increasing by 27% compared to the previous year [13] Strategic Adjustments - Auction houses are adapting to market changes by enhancing the quality of auction items, reducing auction scale, and launching specialized auction segments [11][14] - The emergence of younger collectors, particularly from the "90s and 00s" generations, is influencing market dynamics, with a 21% increase in young buyers participating in auctions [13] - Companies are focusing on niche markets, such as Ming and Qing dynasty ceramics, to differentiate themselves and capitalize on specific collector interests [14]

Core Viewpoint - The auction of LABUBU art pieces indicates a growing interest and value in collectible art, particularly in unique and limited editions [1] Group 1: Auction Highlights - The first-ever LABUBU art auction featured a mint green LABUBU, which sold for 1.08 million yuan [1] - The mint green LABUBU is noted as "the only one in the world," with dimensions of 131 cm and made of PVC [1] - Another LABUBU, a limited edition brown version with only 15 pieces available, was sold for 820,000 yuan [1]

Core Insights - The Hong Kong art market demonstrates strong vitality, highlighted by record-breaking auction results, including a 213.5 million HKD sale of a calligraphy piece by the Yuan dynasty artist Rao Jie, marking the longest bidding war in Sotheby's history [1] - Christie's Hong Kong achieved a total sales amount exceeding 720 million HKD across six categories, with a 95% sell-through rate, while China Guardian's auction totaled 410 million HKD, reflecting a 22% year-on-year increase [1] - Hong Kong is positioned as a key international platform for showcasing Asian and Western art, attracting numerous international art institutions and collectors [2] Auction Performance - Sotheby's Hong Kong recorded a sale of 213.5 million HKD for Rao Jie's calligraphy, making it the longest auction in the house's history [1] - Christie's Hong Kong reported a total sales figure of over 720 million HKD with a 95% success rate, while China Guardian's auction reached 410 million HKD, a 22% increase from the previous year [1] Market Dynamics - The 2025 Art Basel Hong Kong attracted 240 galleries from 42 countries, with a significant number of first-time exhibitors, indicating a robust interest in the market [2] - The annual Hong Kong Art Month features numerous international art events and exhibitions, solidifying the city's status as a leading art market in Asia [2]