Core Insights - The auction held by Christie's Hong Kong on September 26 achieved a total sales amount of approximately 565 million HKD, with a remarkable 92% sell-through rate and total hammer prices exceeding the low estimates by 116% [1][4] Auction Highlights - The most competitive piece was Pablo Picasso's "Portrait of a Woman," which had a pre-auction estimate exceeding 100 million HKD. It started bidding at 70 million HKD and eventually sold for 167 million HKD, setting a new auction record for Picasso in Asia [2][4] - Another significant work was Zao Wou-Ki's "17.3.63," which represents the peak of his "wild cursive" period. It started at 55 million HKD and sold for 70 million HKD, totaling 85.2 million HKD with commissions [3][4] Other Notable Sales - Claude Monet's "Spring in Giverny" sold for 37.1 million HKD, while Yayoi Kusama's largest pumpkin composition in five years fetched 34.66 million HKD. Additionally, another Picasso piece sold for 32.22 million HKD [4] - The auction's success was attributed to effective pricing strategies and the presentation of fresh artworks, highlighting the strong demand for top-tier art pieces in the current market [4]