Hong Kong Autumn Auctions

 | Close to 90% Sold by Value | 30% of Lots Broke High Estimates |

| Number of Buyers Up Almost 10% vs Autumn 2022 |

TOP MASTERPIECE LOTS ACROSS CATEGORIES SOLD

Sanyu’s Femme nue sur un tapis (Nude on Tapestry): HK$187M / US$24M

Yayoi Kusama’s A Flower: HK$78M / US$10M

The Pink Supreme Diamond: HK$83M / US$10.8M

A Yuan Dynasty ‘Peony Scroll’ Meiping and Cover from The Tianminlou Collection: HK$68M / US$8.7M

An Underglaze-Blue And Copper-Red-Decorated ‘Dragon’ Tianqiuping: HK$56M / US$7.2M

ROBUST ASIA ACTIVITY DEMONSTRATES MARKET STRENGTH

| Mainland China Continues to be the Top Contributing Region by Value After Hong Kong |

| Flourishing Contributions from Taiwan, Southeast Asia, South Korea, Japan |

ENTHUSIASTIC GLOBAL BIDDING LIVE IN THE SALEROOM AND ONLINE

| In-Room Buyer Contribution by Value Almost Quadrupled vs Autumn 2022 |

| 40% of Lots Sold in the Live Sales were Bought by Online Bidders |

| Worldwide Participation From 50 Countries Across 6 Continents |

FLOURISHING COLLECTOR BASE OF NEW AND YOUNGER BUYERS

| 20% of Buyers Were New to Christie’s | Millennials Buyers Up Almost 30% vs Autumn 2022 |

Debut Art & Sustainability Forum

Fosters Vital Environmental Dialogues With Industry Thought Leaders

The First Showcase of the Giacometti Brothers’ Works in Asia, in Collaboration with HomeArt

Preview and Sales Drew Over 14,000 Visitors

Record-Breaking 60 Million Viewership on Auction Livestreams in 2023

In Partnership with Centurion from American Express

20^th / 21^st Century Art Autumn Auction Series Totalled HK$1.05B / US$136M

Strong Sell-Through Rate Close to 90% by Lot

| In the Evening Sales: number of buyers +24%; new and Millennial buyers doubled vs autumn 2022,

enticed by dynamic sale curations, including trailblazing collaboration with Jay Chou |

| Asian masterpieces headlined the sales, led by Sanyu’s Femme nue sur un tapis (Nude on Tapestry) |

| 11 artist auction records set, including 7 for Southeast Asian artists |

| Magnificent Southeast Asian Art selection 100% sold in the 20^th / 21^st Century Art Evening Sale |

| Works by Western artists including Adrian Ghenie and Lucy Bull shone in

the Post-Millennium Evening Sale, a Collab with Jay Chou |

Asian Art Autumn Live Auctions Achieved HK$918M / US$118M

| Second highest autumn sale total since 2018,

headlined by esteemed private collections of outstanding quality and provenance |

| Chinese Ceramics & Works of Art achieved market-leading autumn sale total of HK$524M / US$67.5M,

and an outstanding 138% hammer against low estimate |

| The world-renowned Tianminlou Collection realised HK$260M / US$33M,

and the top three lots from Yuan, Ming, Qing dynasties almost tripled low estimates |

| Chinese Paintings realised a combined sale total of HK$393M / US$50M,

the second highest Hong Kong Autumn Sale total since 2018 |

Record Year for Luxury in Asia

 Running Sale Total Exceeds HK$2B / US$258M for Third Consecutive Year

| Autumn live sales achieved market-leading HK$822M / US$106M |

| Annual market leadership for Watches and Handbags; Autumn market leadership for Jewels |

| Exceptional luxury sale curation reflected by 91% sell-through rate by lot |

| Jewels autumn auctions achieved HK$514M / US$66M, the second highest autumn total in Asia since 2017 |

| Watches achieved highest ever annual sale total for the category in Asia of HK$683M / US$88M |

| Handbags & Accessories marked a decade of Asia market leadership

with a stunning autumn auction totalling HK$55M / US$7M |

| Quality offering from Wine & Spirits, including European single-owner cellar of Dr A. Botenga,

which totalled HK$53M / US$6.9M, and was 94% sold by lot |

Francis Belin, President, Christie’s Asia Pacific, commented, “Against a challenging macro-environment, Asian buying has been robust and sustained throughout the second half of the year, in Shanghai, Hong Kong and our salerooms globally, including at the top masterpiece level. These results are underpinned by the expertise of our specialist team – their meticulous sale curations and strong pricing strategy presented a breadth of exceptional objects that excited the market. This season once again drew worldwide participation and tremendous engagement both live in the saleroom and online, with an increase in new and younger buyers. Beyond the auctions, we were proud to bring industry thought leaders together for the global debut of Christie’s Art & Sustainability Forum, and to present Asia’s first exhibition of the Giacometti brothers’ works, in partnership with HomeArt, as we deepen our programme of educational and inspiring initiatives and continue empowering collectors. We look ahead with optimism to 2024, with more magnificent sales and events in the pipeline, including the pivotal move of Christie’s Asia Pacific headquarters to The Henderson.”

Notes To Editors

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