February 22, 2025

A record of HK $ 85.78 million photographed Qianlong's "Dragon Chair"

According to a daily economic news report: Sotheby ’s Hong Kong Autumn Auctions ended in Hong Kong on the 8th, with a total turnover of 1.3 billion Hong Kong dollars, of which the Qianlong royal "Shuibo Yunlong" throne was sold for 85.78 million Hong Kong dollars, breaking the Chinese furniture world auction record . "Daily Economic News" reporter survey found that the buyer behind the scene is the famous "corporate stock king" Liu Yiqian in the capital market.

These three words, Liu Yiqian, are extremely well-known in the capital market. At 46 years old, he is the chairman of Shanghai Xinliyi Group. On October 2, Shanghai Pudong Development Bank (600,000, SH) announced that it will issue additional 90416 million shares, with a total fundraising of about 15 billion yuan, and Liu Yiqian invested 1.5 billion yuan, which is the only natural person among the 9 issuers.

However, Liu Yiqian's highest investment return market is not in the stock market but in the art market. He has been in this market for more than ten years. He himself said that he was not clear about this industry, and even looked down upon it. But he and a group of financial players applied stock market speculation to this industry, and he also established the Shanghai TD Auction Company. According to reports, the "mysterious buyer" who bought Chen Yifei's "Mountain Wind" for 2.86 million yuan in 1994 and Wu Hufan's "So Many Beautiful Pictures" for 2.145 million yuan in 1997 was Liu Yiqian.

In the Sotheby's (Hong Kong) Chinese Porcelain and Handicrafts Special Session held on October 8 this year, a rosewood throne from the Qianlong Emperor of the Qing Dynasty became the biggest selling point. The throne is meticulously carved from superior rosewood wood, and the five "water wave cloud dragons" come to life with a length of 140.5 centimeters. It is one of the largest rosewood wood dragon chairs so far. This throne was exhibited in Osaka, Japan in 1935, and has been kept in private collection since then. This is the first public auction. The market value before the auction is estimated at 20 million Hong Kong dollars to 30 million Hong Kong dollars.

At the auction site on the same day, the bidding scene was very fierce. The whole journey took only 10 minutes and the bid price was 36 times. The starting price was 13 million Hong Kong dollars, and five people initially bid. After shouting 20 million Hong Kong dollars, a Xiamen buyer directly shouted 30 million Hong Kong dollars, and there was commotion at the scene. After shouting 50 million Hong Kong dollars, there were only 3 bidders left. At 60 million Hong Kong dollars, a telephone bidder joined. According to insiders, this person was Lin Baili, who visited the throne in person before the auction.

In the end, Liu Yiqian still voted for 76 million Hong Kong dollars, plus a commission, the transaction price was as high as 85.78 million Hong Kong dollars, which also broke the world auction record of Chinese ancient furniture. On the same occasion, Liu Yiqian also photographed dried dragon and blue and white flat pots for HK $ 39.86 million, more than 20 times the estimated value. The two shots cost a total of HK $ 125 million.

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