Zhang Xiaogang Work Sells for $89,200 But Delivers a 72% Negative Return
3 min read · 28 Mar 2026
Rite of Spring. Image courtesy of Christie's
Zhang Xiaogang, Rite of Spring (1989), sold for $89,200 (HKD698,500), more than one and a half times the low estimate at Christie's in Hong Kong on March 28.
The sale was below the previous auction result by $237,900, realizing a 72% negative return. It last sold at auction in 2010 for $327,200 at Christie's.
Oil on paper mounted on cardboard, 74.0 x 54.5cm. The work has been traded twice in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
March 28, 2026 | $89,200 | -73 % | Christie's | Hong Kong |
November 28, 2010 | $327,200 | - | Christie's | Hong Kong |
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