The second edition of the Mishcon de Reya x ArtTactic – China Art Market Report offers an updated perspective on the evolving art auction landscape across Hong Kong and Chinese Mainland. Building on last year’s inaugural study, the 2026 edition revisits the region’s Modern and Contemporary Art markets with refreshed 2025 data, examining how shifts in supply, demand and buying behaviour are influencing the market’s direction. This year’s report draws on more than 31,500 lots offered between 2016 and 2025 across the region’s leading auction houses - covering more than 4,300 individual artists from across the globe. It also broadens the Hong Kong dataset to encompass the full spectrum of auction categories, offering a holistic view of the influence of traditional Asian works of art within the wider ecosystem. Combined with ArtTactic’s market outlook - based on an international survey of art market experts conducted in December 2025 - the report delivers a comprehensive, data‑driven assessment of the structural shifts, collecting‑category dynamics and forward‑looking trends shaping the next phase of growth across the region’s art market.