HONG KONG.- Christie's Hong Kong Luxury Week live auctions of jewellery, watches, handbags, and wine concluded on 27 November 2025, achieving a market-leading total of HK$987,152,660 / US$127,483,757 with 95% of lots sold and a hammer price 117% over the low estimate. The consistently strong results across all categories and spirited bidding throughout the season demonstrate a positive shift in collector confidence and participation – total sales were up 27% year-on-year.

The Luxury categories continue to drive growth and global engagement – close to 20% of buyers in the sales were new, and 20 countries spanning 4 continents participated, with spending led by Greater China followed by Southeast Asia, and notable growth from the Middle East. Tech-savvy Millennials and Gen Z were a strong presence, and almost half of buyers bought online.

Overall, Christie's Luxury Autumn Sales, including online, have reached HK$1 billion / US$129 million. Watches Online: Featuring "The Eternity Part 2" and "The Chronicle Part 3" Collections; and Magnificent Jewels: Online remain open for bidding.

Finest and Rarest Wine | 21 November

The dedicated single-owner sale, Iconic Wines from Joseph Lau Part IV totalled HK$39,899,750 / US$5,151,664 and was 98% sold by lot – reflecting the calibre of bottles in Mr Lau's extraordinary collection (read the newsflash here). The top lot was six bottles of Domaine de la Romanée-Conti, Romanée-Conti 2002, which surpassed high estimate and sold for HK$1,375,000 / US$176,403. With a combined total of HK$238,128,500 / US$30,746,009 for Parts I-IV, Iconic Wines from Joseph Lau stands as the most valuable wine collection sold at Christie's globally.

Handbags & Accessories | 24 November

Christie's continues to lead the Handbags & Accessories market in Asia following a live sale which achieved HK$60,651,390 / US$7,826,953, the category's highest ever seasonal total in Asia, up 25% year-on-year (read the newsflash). The sale was 93% sold by lot, with enthusiastic bidding resulting in a hammer price 136% over the low estimate. World auction records were broken for a Faubourg Birkin (HK$3,810,000 / US$491,674); and a Quelle Idole (HK$2,794,000 / US$360,561). A key category for younger collectors, close to half of buyers were millennial or GenZ.

Magnificent Jewels | 25 November

Christie's Magnificent Jewels live auction realised a market-leading HK$538,131,300 / US$69,456,822. The sale was 92% sold by lot, with a hammer price 106% above the low estimate, and close to 60% of lots sold over high estimate – driven by spirited competition across all bidding channels (read the newsflash). 'The Royal Blue' – a necklace with 16 Kashmir 'Royal Blue' sapphires totalling 104.61 carats – sold for HK$125,450,000 / US$16,191,882, breaking the world auction record for a Kashmir sapphire necklace.

Watches | 26 – 27 November

Spanning two days, Christie's two live Watches sales totalled HK$348,470,220 / US$45,002,455, the highest autumn sale total ever achieved by an auction house in Asia, up over 80% year-on-year. Overall, the hammer price was 138% above the low estimate and 95% of all lots sold. The dedicated sale for The John Shaw Patek Philippe Collection was 100% sold and totalled HK$52,542,440 / US$6,791,205 (read the newsflash) and Important Watches: Featuring "The Chronicle Part 2" and "The Eternity" Collections totalled HK$295,927,780 / US$38,216,972. The sales were led by a possibly unique Patek Philippe ref. 5004P-041, which multiple bidders vied for and eventually sold for HK$11,684,000 / US$1,508,906, breaking the world auction record for any 5004 reference. Overall, the Watches sales smashed nine world auction records for Patek Philippe references including 5004; 5016P-018; 3974J-001; 5029P; 3939P; 3970J double signed "Tiffany & Co."; 3971R; 3990P; 5159R, and three world auction records for configurations (Lot 2393, Lot 2253; Lot 2459).