SOTHEBY’S HONG KONG AUTUMN SALES 2017 | 29 SEPTEMBER – 3 OCTOBER Series Grand Total: HK$3.15 Billion / US$404 Million (Est. HK$2.4 Billion / US$309 Million) Combined Sell-through Rate: 86%

“I’m delighted with the results of the week’s sales, and that the combined total of our major spring and autumn Hong Kong auctions is our highest since 2014. We saw extremely competitive bidding from across Asia, especially from Mainland China,” said Kevin Ching, CEO of Sotheby’s Asia. “Over five days of highly curated sales, we established sixteen world auction records, including the highest price ever paid for a piece of Chinese ceramics. I am also pleased that our exhibition of The MQJ Collection, perhaps the best collection of Chinese Ming furniture in the world, attracted thousands of visitors.” Mr. Ching continued, “Having completed our major sales, we now look forward to welcoming clients throughout the autumn for our mid-season auctions.”

16 AUCTION RECORDS ACHIEVED
World Auction Record for Chinese Ceramics
A Highly Important and Extremely Rare Ru Guanyao Brush Washer, Northern Song Dynasty
Sold for HK$294.3 million / US$37.7 million

World Auction Record for a Jade Carving
A Rare and Important Imperial White Jade and Cloisonné Enamel Ram-Head Teapot and Cover,
Qing Dynasty, Qianlong Period
Sold for HK$75.5 million / US$9.7 million

14 Artist Records Set
Yun Gee, Wang Jangeng, Hsiao Chin, Li Yuan-Chia, Azuma Kenjiro, Liang Yuanwei, Uemae Chiyu, Park Seobo, Masanobu Masatoshi, Morita Shiryu, KAWS, Nguyen Gia Tri, Inoue Yuichi, Deng Fen

TOP PRICES ACHIEVED ACROSS ALL CATEGORIES
Chinese Paintings / Classical Paintings
Li Keran, Magnificent Mountains with Gushy Cascades (HK$122 million / US$15.6million sold)
Zhang Yu, Letter to Boqing (HK$26.5 million / US$3.4 million sold)

Modern and Contemporary Art
Yun Gee, Wheels: Industrial New York (HK$105 million / US$13.5 million sold)
Gerhard Richter, Abstraktes Bild (679-2) (HK$49 million / US$6.3 million sold)

Jewellery
Very Rare and Impressive Ruby and Diamond Ring, Designed and Mounted by BHAGAT
(HK$81.7 million / US$10.5 million sold)

Watches
Richard Mille Sapphire Tonneau-Form Skeletonized Tourbillon Wristwatch
(HK$14.5 million / US$1.9 million sold)

Wine
Wines from the Cellar of FUX Restaurant (HK$29.5 million / US$3.8 million sold)

CONTINUED SUCCESS FOR THEMED SECTIONS AND WESTERN ART
‘Movimento Punto: A Post-War Legacy’ and ‘Morita Shiryu: Bokujin’ both 100% sold
All Evening Sale’s Western Contemporary works sold

INCREASED ONLINE PURCHASE
12% of All Lots Sold to Online Buyers
25% year-over-year increase in the number of online bidders