The Buying and Selling of Hetian Jade after the Withdrawal of Businessmen from Hong Kong and Taiwan Regions
In recent years, Shanghai has become the trading center for Hetian jade in China. The highest quality carvings and raw materials are concentrated in this city. "The main reason is that more than a dozen jade carving masters who can produce works in bulk are all concentrated in Shanghai." Both the suppliers and buyers of raw materials revolve around these masters.
Hong Xinhua's studio is located in an industrial area near Caobao Road in Shanghai. The surroundings are quite dilapidated, with just an ordinary lock on the door. However, the price of a large piece of Hetian white jade laid out on the table, intended to be carved into a "Crouching Tiger Hidden Dragon Arhat," is over 10 million yuan, not including the other various sizes of stone materials. "The situation in other studios is the same, there are reasons behind this."