Bonhams Hong Kong reported a record year in 2025, generating HK$810 million (US$104 million) in combined auction and private sales, its highest total since opening in 2007. The result marked a third consecutive year of growth, with auction sales rising 13% from 2024.
The auction house credited its performance to a growing base of younger collectors, with Millennials and Gen Z representing 25.6% of global registrants and 39% of participants in the Asia-Pacific region. Greater China remained the core buying force, while Australia contributed nearly 35% year-on-year growth in auction sales.
Single-owner collections and high-profile provenance played a key role in the year’s success. Notable highlights included the Chang Chun Collection of Chinese Paintings achieving a 100% sell-through across two auctions, and the Cheong Family Collection delivering two white-glove sales totaling AU$3.8 million in Sydney.
