在晚拍后举行的新闻发布会上，当被问及当晚的毕加索拍出破亿作品是否印证了拍行对市场的预期时，佳士得亚太区二十及二 十一世纪艺术部晚间拍卖主管徐文君向记者表示："这绝对超出了我的预期。我们为这件作品给出的低估价是8600万港元，能有 这样的结果我们非常激动。这件作品上一次现身拍场还是25年前，当时成交价仅为180万美元，而今天我们创造了历史。这个结 果证明，无论是来自本土市场还是全球的藏家，都在追寻真正的艺术杰作。这也体现了市场对这类顶级艺术品的强烈需求。" 21世纪经济报道记者梁信香港报道 9月26日晚间，佳士得香港"二十及二十一世纪艺术"晚间拍卖举槌。当晚拍卖进展相当迅速，在两小时的时间内完成了共38件作 品的拍卖。整体的成交结果也令人振奋：拍卖总成交额为约5.65亿港元，共诞生九件千万级作品，全场成交率达92%，落槌总额 为低估价的116%。 本场拍卖中竞价最激烈的作品，是西班牙画家、现代派绘画代表人物巴布罗·毕加索的《女子半身像》。这件作品描绘了对艺术 家影响深远的灵感缪斯朵拉·玛尔的肖像，本次由私人珍藏多年后再度上拍，是本场中唯一拍前估价过亿的拍品，并且在拍前也 已有第三方价格担保。这幅《女子半身像》最 ...

[清]饶介 草书《韩愈柳宗元文》局部 新鲜感与稀缺性 传统意义上，艺术品的稀缺性主要是由其历史决定的，分别为价值和数量的稀缺性。"价值稀缺"指的是 艺术家的代表作，而"数量稀缺"则代表存世量极少。若两种稀缺性兼具，就会造成艺术品的定价形成规 模效应。存世但被珍藏数年、流传有序的少数珍品，在中国艺术品市场走向成熟的当下，愈加凸显其于 藏家而言的稀缺性和新鲜感。 曾经瞩目市场的顶级珍品逐渐沉淀在藏家或机构手中，而目前流通的"熟货"成本随交易次数叠加，价格 攀升，流动性下降。相较之下，沉寂已久、首次现世的"生货"不仅满足了藏家群体的好奇心，其稀缺性 带来的溢价空间，乃至可能的新学术发现，也让这类艺术品在激活市场活力、扩大行业影响力等方面具 有特殊地位。 今年春拍，中国嘉德的《日蚀》、上海敬华拍卖的《听松图》巨轴，以及中国香港苏富比的《草书韩愈 柳宗元文》《青羊图》等首现拍场的"生货"纷纷善价成交，成为行业内外瞩目的焦点。元末重要书家饶 介《草书韩愈柳宗元文》2.501亿港币成交，远超拍前估价逾20倍。作为苏富比历史上最高价中国书法 作品，此作同时问鼎2025春拍最高成交的中国艺术品。 专业化与细分化 中国书画的收藏 ...

四年时间，从狂热追捧到战略收缩，佳士得的"转身"折射出NFT艺术市场四年来的剧烈起伏，更预示着 数字艺术与传统艺术体系融合的新阶段已然开启。 资料图片 NFT艺术的狂热与退潮 回顾2021年骤起的NFT热潮，就像是一场突如其来的文化"海啸"。根据市场追踪机构DappRadar的数 据，2021年全球NFT总销售额达到249亿美元，较2020年的9490万美元增长超260倍；其中与艺术相关的 NFT总销售额也在这一年创下了29亿美元的峰值。在此浪潮中，国际拍卖行佳士得的入局无形中扮演了 关键的"合法化"角色。因为在此之前，数字艺术通常被视为难以确权、缺乏稀缺性的边缘品类。但从国 际拍行的入场开始，"游戏规则"便开始发生了改变。 近日，国际拍卖行佳士得宣布进行架构调整，将关闭其专门负责NFT（非同质化代币）销售的数字艺术 部门，并把数字艺术作品纳入更广泛的"20及21世纪艺术"板块。同时裁撤该部门两名核心人员，仅保留 一名数字艺术专家，负责后续数字拍品的筛选、鉴定与客户沟通。 这一消息的传出距离2021年3月那场震惊全球艺术圈的拍卖不过仅仅四年——当时，美国艺术家Beeple 的NFT作品《每一天：前5000天（ ...

Group 1: Nestlé Leadership Change - Nestlé Group announced the appointment of Philipp Navratil as CEO, replacing Laurent Freixe, who was dismissed due to an investigation into an undisclosed romantic relationship with a subordinate, violating the company's code of conduct [1] - Navratil has been with Nestlé since 2001 and has held various leadership roles, including overseeing the coffee and beverage business in Mexico [1] - The leadership change may impact short-term business strategies, but long-term focus on coffee and health food sectors is expected to strengthen Nestlé's market position [1] Group 2: Alibaba Business Travel AI Solution - Alibaba Business Travel launched a one-stop AI travel solution, which includes modules for employee travel and enterprise management, currently in internal testing [2] - The solution leverages Alibaba's ecosystem and data to provide intelligent recommendations, bookings, and expense control strategies [2] - The AI aims to address the challenges of cost, compliance, and experience in travel management, potentially transforming the efficiency of corporate travel [2] Group 3: China-Russia Visa Policy - China announced a one-year visa exemption policy for ordinary passport holders from Russia, effective from September 15, 2025, to September 14, 2026 [3] - This policy aims to facilitate personnel exchanges between China and Russia, enhancing cooperation in business, tourism, and cultural exchanges [3] - The visa exemption is expected to invigorate the comprehensive strategic partnership between China and Russia [3] Group 4: Christie's Asia-Pacific Leadership Appointment - Christie's appointed Rahul Kadakia as the new President for the Asia-Pacific region, effective January 2026 [4] - Kadakia, a veteran in the jewelry sector, has been with Christie's since 1996 and has held various international roles [4] - The leadership change is significant for Christie's as it aims to expand its market presence in the Asia-Pacific region, which has seen a decline in its contribution to overall sales [4]

Core Insights - The Qianhai Comprehensive Bonded Zone has achieved a remarkable leap from 19th to 3rd place in the national performance evaluation, marking its first entry into the top three, and is the only bonded zone in the Guangdong-Hong Kong-Macao Greater Bay Area to do so [2] - In 2024, the total import and export value of the Qianhai Bonded Zone reached 375.25 billion, a year-on-year increase of 49.9%, significantly surpassing the national average [3] - The Qianhai Bonded Zone has become a core engine for Shenzhen's foreign trade growth, accounting for two-thirds of the total import and export volume of Shenzhen's three bonded zones [3] Performance Metrics - The Qianhai Bonded Zone's import and export scale for January to July reached 221.5 billion, a year-on-year increase of 19.1%, setting a historical record for the same period [3] - The zone has attracted nine enterprises with over 10 billion in import and export value, with Yuhai Global emerging as a leading player with over 100 billion in foreign trade [3] Policy Innovations - Shenzhen Customs has introduced a new customs supervision model to support high-value products, significantly reducing clearance times and transforming "time costs" into "enterprise benefits" [4] - The inclusion of products like DJI toy drones and Siemens MRI components in the bonded zone's maintenance product catalog has alleviated high repair costs for enterprises [4] New Business Models - The "Bonded+" model has expanded into the leasing sector, with the successful clearance of the first civil aviation engine bonded financing lease, which has eased capital occupation pressures for enterprises [5] - The Qianhai Bonded Zone has conducted bonded leasing for 11 aircraft, 2 ships, and 1 aircraft engine, with a total value of nearly 4 billion, becoming a new growth point for regional foreign trade [5] Cultural Initiatives - The Qianhai Bonded Zone hosted Guangdong's first bonded auction for cultural artworks, innovatively combining "overseas bonded" and "domestic art" in a competitive format [5]

Core Viewpoint - The successful completion of the first bonded auction of cultural and artistic products in Qianhai, Shenzhen, marks a significant step in the innovation of bonded display and trading of cultural art products, enhancing the cultural and creative industry in the region [1][2]. Group 1 - A batch of artworks from Hong Kong, the UK, Japan, and other regions has been successfully processed for bonded display and trading, leading to the first auction event in Qianhai [1]. - The auction is part of a broader initiative to deepen the cooperation between Shenzhen and Hong Kong in modern service industries, with a focus on cultural and artistic products [1]. - The customs authority has optimized regulatory processes to address bottlenecks in the clearance of artworks, thereby expanding the business chain for bonded display and trading [1]. Group 2 - The customs authority has implemented tailored solutions for enterprises involved in bonded cultural art products, including the establishment of a verification studio and a bonded warehouse [1]. - The customs has ensured that 100% of the artworks set for display have passed verification using advanced scientific instruments [1]. - Future efforts will focus on creating a "Bonded+" cultural industry feature to support the regular operation of the Qianhai cultural art bonded display and trading center [2].

Core Insights - The auction held on August 23 marked Guangdong Province's first art tax-free auction, featuring over 50 contemporary art pieces from both domestic and international artists [1] - The auction achieved a total transaction amount of 4.8576 million yuan, with a total transaction rate of 61.2%, while tax-free items had a remarkable transaction rate of 76% [1] - The innovative auction model combined "overseas tax-free + domestic art" bidding, providing a new pathway for the development of cultural tax-free business [1] Summary by Categories - **Auction Details** - The auction showcased over 50 contemporary art pieces, including works by renowned artists such as Pablo Picasso and Damien Hirst [1] - The total transaction amount reached 4.8576 million yuan, with a total transaction rate of 61.2% [1] - **Tax-Free Art Performance** - Approximately 50% of the auction items were tax-free, generating a transaction amount of about 2.0758 million yuan and a transaction rate of 76% [1] - This performance indicates strong market recognition of the tax-free art circulation model [1] - **Innovation and Impact** - The auction represented a significant step in innovative auction models, enhancing the proportion of tax-free art and integrating seamless auction processes [1] - The success of this auction signifies an important breakthrough for the Qianhai cultural tax-free business ecosystem, contributing to the development of a new cultural exchange ecology in the Greater Bay Area [1]

Core Viewpoint - The auction of Zao Wou-Ki's artwork "17.3.63" by Christie's in Hong Kong highlights the contrasting trends between the art market and the virtual asset market, with the former experiencing a decline in prices while the latter, particularly Bitcoin, has surged significantly since 2018 [1][5]. Group 1: Auction Details - Christie's will auction Zao Wou-Ki's "17.3.63," created in 1963, with an estimated price range of HKD 70 million to 90 million [5]. - The prices of similar-sized works by Zao Wou-Ki from the 1960s have dropped by approximately 40-50% since 2018-2019 [1][5]. Group 2: Market Trends - The virtual asset market, particularly Bitcoin, has increased by 16 times since May 26, 2018, contrasting sharply with the art market's performance [1]. - Zao Wou-Ki's artworks have historically performed well in auctions, with a record sale of HKD 510 million for "June to October 1985" at Sotheby's in Hong Kong, setting a record for both the auction house and the artist [5]. Group 3: Investment Characteristics - Both art and virtual assets are considered "non-physical value carriers," relying on human consensus regarding their significance, scarcity, and cultural meaning [7][12]. - Scarcity is a key factor in maintaining the value of both asset classes, achieved through design or natural attributes [8]. - Both categories possess dual attributes of collectibility and investment potential, with purchases driven by emotional preferences or expectations of appreciation [9]. Group 4: Ownership and Cultural Significance - Clear ownership rights are essential for both art and virtual assets to ensure value, with traditional art relying on certificates of authenticity and virtual assets using blockchain technology for ownership verification [10][12]. - Both art and virtual assets serve as cultural symbols, reflecting specific values, aesthetics, or social sentiments of their respective eras [11][12]. Group 5: Market Dynamics - Both markets exhibit active trading environments, with prices influenced by supply and demand, trends, and speculative behavior, leading to significant volatility [13][17]. - The art market relies on auction houses and galleries, while the virtual asset market is more dependent on decentralized platforms, resulting in more frequent price fluctuations [17].

Core Viewpoint - Christie's will present Zao Wou-Ki's masterpiece "17.3.63" at auction for the first time, with an estimated value of HKD 70 million to 90 million, highlighting the artist's significant impact on the art market and attracting global collectors [4][5]. Group 1: Artwork Details - "17.3.63" is a significant work from Zao Wou-Ki's "wild cursive" period, characterized by its dominant red color and dynamic composition, showcasing the artist's peak creative energy [4]. - The painting was created in the early 1960s when Zao was gaining international recognition, and it was featured in his first retrospective exhibition in Germany in 1965 [4]. - Only 19 similar large-scale works in red were created during the 1960s, with only 8 remaining that have never been auctioned, making "17.3.63" particularly rare [4]. Group 2: Market Context - Christie's Asia Chairman, Cheng Shou-Kang, emphasized the significance of "17.3.63" as a classic work from a highly sought-after period, expected to attract intense interest from art collectors worldwide [5]. - The painting exemplifies Zao Wou-Ki's unique style that blends Eastern and Western aesthetics, featuring vigorous Chinese calligraphy strokes and vibrant Western colors [5]. - The upcoming auction is part of Christie's continued leadership in the 20th-century art market, showcasing museum-quality works [5]. Group 3: Exhibition Schedule - Public preview dates for the auction include Taipei (August 23-24), Singapore (August 30-31), Shanghai (September 4-5), Beijing (September 8-9), and Hong Kong (September 23-26) [6].

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]