Xu Beihong Work Sells for $32,500 But Delivers a 59% Negative Return

Xu Beihong Work Sells for $32,500 But Delivers a 59% Negative Return

3 min read  ·  10 Feb 2026

Standing Horse. Image courtesy of Christie's

Standing Horse. Image courtesy of Christie's

Xu Beihong, Standing Horse, sold for $32,500 (HKD254,000), more than the low estimate at Christie's in Hong Kong on February 10.

The sale was below the previous auction result by $48,500, realizing a 59% negative return. It last sold at auction in 2016 for $81,000 at Christie's.

Ink on paper, 15.0 x 10.0cm. The work has not been traded before.

Sale Date
Price
Price Increase
Venue
City
February 10, 2026
$32,500
-60 %
Christie's
Hong Kong
November 29, 2016
$81,000
-
Christie's
Hong Kong

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