Bonhams hits $810m in sales as Greater China dominates

Bonhams hits $810m in sales as Greater China dominates

Bonhams Hong Kong accumulated $810m across its auctions and private sales in 2025, the highest total in nearly two decades or since its opening in 2007.

The company said this marked three consecutive years of growth.

“Our record result reflects the strength of what we’ve built in the region—anchored by our new Asia-Pacific headquarters and a younger, innovative team with strengthened capabilities—driving consistent growth across the board,” said Julia Hu, Bonhams’ managing Director, Asia, in a release.  

Bonhams said it saw increased interest from new and younger collectors globally, with Millennials and Gen Z representing 25.6% of global registrants in 2025, a 19% YoY increase.

This growing interest from the next generation of collectors was especially evident in the Asia-Pacific region, with Millennials and Gen Z from the region representing 39% of auction participants, it added.

Broken down by region, Greater China remained the dominant buying force, with increased participation from Hong Kong and Southeast Asia continuing to show solid momentum.

Asia-Pacific clients contributed approximately 21% of Bonhams’ total global transaction value across its auctions and private sales.

In 2025, amongst the collections that drove notable auction results included The Collection of Dr. and Mrs. Hu Shih-Chang, which realised $18.6m in May.

The collection was assembled over decades by Dr. Hu, a paediatrician in Hong Kong and a renowned collector and scholar of Chinese art.

Meanwhile, Australia delivered nearly 35% YoY growth in Bonhams’ auction sales during the year.