Shanghai has developed into one of the most consequential cities in the global contemporary art market. The private gallery sector there is now substantial in scale, with spaces ranging from internationally established institutions to locally founded commercial galleries and artist-run initiatives. This guide offers a considered account of the key private galleries currently operating in Shanghai, their programmes, and relevant exhibition information for 2026, alongside notes on recent commercial activity where available.The city's gallery geography is shaped by three main districts: the Bund and its surrounding area in Huangpu, where several internationally recognised galleries have established flagship spaces; the West Bund cultural corridor in Xuhui, associated with major art fairs and private museums; and the former French Concession, also in Xuhui, which has become a centre for younger, more experimentally oriented galleries. M50 Creative Park on Moganshan Road, in Putuo District, continues to function as a hub for independent and emerging practices.
Shanghai Art Week, held each November and anchored by the concurrent ART021 Shanghai Contemporary Art Fair and the West Bund Art and Design fair, remains the principal commercial event in the city's annual calendar. The 2025 editions of both fairs took place in mid-November, with Art021 returning to the Shanghai Exhibition Centre and West Bund inaugurating a significant new venue, the West Bund Convention Center, a glass-and-steel complex designed by Skidmore, Owings and Merrill. Sales at both fairs in 2025 were described by participants as broadly positive, though against a backdrop of economic caution stemming from China's ongoing property sector difficulties. Galleries that participated noted a shift in collector behaviour, with buyers increasingly acquiring work because of personal affinity rather than speculative intent.
International Galleries with Permanent Shanghai Spaces
Lisson Gallery
Lisson Gallery, founded in London in 1967 by Nicholas Logsdail, operates its Shanghai space at 2/F, 27 Huqiu Road, in the Bund area. The gallery opened in Shanghai in March 2019 and is situated near several major cultural institutions including Fosun Foundation and the Rockbund Art Museum. Lisson represents a roster of more than 60 artists and has historically championed Minimal and Conceptual practices before expanding to work with a broader international programme.
The Shanghai space has maintained an active exhibition programme. Zhao Gang's show The Basterd Gentry opened at the gallery in November 2025 and continued into early 2026. Looking ahead, Oliver Lee Jackson is scheduled for a solo exhibition at the Shanghai location from 7 March to 25 April 2026.
Website: https://www.lissongallery.com
Perrotin
Perrotin, founded in Paris in 1990 by Emmanuel Perrotin, opened its Shanghai space in 2018 and operates galleries across seven cities worldwide including New York, Seoul, Tokyo, Hong Kong, and Los Angeles. The gallery's programme in Shanghai covers international contemporary artists and has been a consistent participant in both ART021 and West Bund Art and Design.
During the 2025 Art Week VIP preview, Galerie Perrotin reported that nearly half of its works were reserved on the opening day. Perrotin's address in Shanghai is on the Bund, placing it among a cluster of prominent international galleries. A collaboration with Kasmin Gallery on a Mark Ryden exhibition at the Perrotin Shanghai space was announced during Art Week, an extension of fair activity into the gallery's permanent programme.
Website: https://www.perrotin.com
Pearl Lam Galleries
Pearl Lam Galleries was founded in 2005 and operates from spaces in Shanghai and Hong Kong. The gallery's stated mission centres on facilitating dialogue between Chinese and international contemporary art, and it has positioned itself as a platform for museum-quality exhibitions. Pearl Lam participates in major international fairs including Art Basel, Art Cologne, Frieze Masters, and West Bund Art and Design.
The gallery's most recent exhibition in Shanghai, Deconfiguration[s], featured work by Alimi Adewale, Cornelius Annor, Mr Doodle, Qian Jiahua, Samuel Nnorom, Deborah Segun, and Chen Yufan. The show ran from 10 November 2025 through March 2026. Works currently available through the gallery include Leonardo Drew's Number 69C (2023), wood and paint, at 86.4 x 86.4 x 55.9 cm; Su Xiaobai's Floating Stream (2024), oil and lacquer on linen and wood at 169 x 165 x 20 cm; Zhu Jinshi's All That Remains (2016), oil on canvas, 180 x 160 cm; and Alimi Adewale's Poetry of Posture: The Seated Woman's Grace (2023), acrylic on mixed media, 152 x 140 cm, among others. Prices for these works are available on request.
Website: https://www.pearllam.com
Almine Rech
Almine Rech opened its Shanghai space in the Bund district and has been a regular participant in both Shanghai art fairs. The gallery scaled back its fair presence in 2025, participating in only one of the two concurrent fairs rather than both, reflecting a broader trend among international galleries recalibrating their commitment in a more cautious market environment.
Oliver Beer's Three Nymphéas was on view at Almine Rech Shanghai from 12 November 2025 through 10 January 2026. Works currently listed as available through the gallery include Vivian Springford's Untitled (1984), acrylic on canvas at 111.1 x 111.1 x 3.8 cm, price on request.
Website: https://www.alminerech.com
Shanghai page: https://www.alminerech.com/galleries/442-shanghai
DUMONTEIL
DUMONTEIL, also referenced as Dumonteil Contemporary, occupies a space in the former French Concession area of Xuhui District. The gallery focuses on modern and contemporary French and Chinese artists and has developed a presence in Shanghai that complements its French origins.
Charles Hascoët's exhibition Quake was on view at DUMONTEIL Shanghai from 8 November 2025 through 10 January 2026. Works available through the gallery include Daniel Daviau's Titipo (2015), a patinated bronze in green patina at 18.5 x 38.5 x 12.5 cm, price on request.
Website: https://www.dumonteil-art.com
Established Chinese and Regionally Founded Galleries
ShanghART
ShanghART is widely recognised as the first independent gallery for contemporary Chinese art established in Shanghai. Founded by Swiss gallerist Lorenz Helbling, ShanghART has represented significant Chinese artists across painting, photography, video, and other media, and was among the first Chinese galleries to participate in Art Basel and FIAC. The gallery now operates multiple spaces: at M50 Creative Park on Moganshan Road, where it has maintained a long-standing presence and focuses on emerging and experimental work; and a newer West Bund location, ShanghART WB Central, which opened in 2024 at the site of the old Nanpu Railway Station as part of the Hongkong Land West Bund Financial Hub development.
The ShanghART WB Central space was designed by Hangzhou-based architects GOA Headquarters and includes approximately 500 square metres of exhibition space above ground and a further 700 square metres below ground. The gallery's M50 space continues to run concurrently. ShanghART also maintains spaces in Beijing and Singapore.
Website: https://www.shanghartgallery.com
Capsule Shanghai
Capsule Shanghai was established in late 2016 by Italian gallerist Enrico Polato and is situated on the first floor of a 1930s garden house at Building 16, Anfu Lu 275 Nong, in Xuhui District. The gallery focuses primarily on emerging Chinese and international artists, with a particular interest in practitioners who have worked across borders and regions. Capsule participates in an active fair programme internationally, including Frieze New York, Frieze Seoul, Liste Basel, Art SG Singapore, West Bund Art and Design, Artissima Turin, Art Brussels, MiArt Milan, and Art Basel Hong Kong.
Enrico Polato told ARTnews during West Bund 2025's opening day that the fair brought new collector introductions and genuine interest in the gallery's programme. Miranda Fengyuan Zhang's show Perpetual Temptation was on view at Capsule from 1 October through December 2025. The gallery also operates a space in Venice, Capsule Venice, which opened with an inaugural show in early 2024.
Website: https://capsuleshanghai.com
Antenna Space
Antenna Space was founded in September 2013 by Simon Wang and occupies Room 202, Building 17, at No. 50 Moganshan Road within M50 Creative Park. The gallery works closely with young and emerging artists, prioritising deep collaboration over breadth of representation, and has engaged in sustained cooperation with other art institutions in pursuit of new directions in gallery programming. Artists represented include Wu Tsang, Ming Li, Qu Xu, Nadim Abbas, Honglei Yu, and Siwei Zhou.
Website: https://www.antenna-space.com
BANK
BANK is a Shanghai gallery that has built a reputation for supporting artists from China and the broader Asian diaspora. Founded by Mathieu Borysevicz, the gallery has expanded its reach, including the launch of a pilot space in New York, described by Borysevicz as part of its mission to develop wider recognition for its artists. BANK is based in the former French Concession area and participates in international fairs.
Website: https://www.bank-gallery.com
LINSEED Projects
LINSEED Projects is among the more recently established Shanghai galleries to have gained international recognition. Works available through the gallery include Naoki Koide's Komainu (A & Un) 1 (2025) in ceramic, price on request. The gallery participated in Art Week 2025, presenting a group exhibition titled Back to Basics, on view from 8 November through December 2025.
Website: https://www.linseedprojects.com
Market Context and Reported Sales Activity
The broader market environment for private galleries in Shanghai reflects China's economic conditions closely. Following a period of significant contraction in 2024, during which most works at Art021 and West Bund changed hands for $15,000 or less, the 2025 Art Week fairs offered more encouraging signs. Art021 recorded its highest-ever visitor attendance across four days, and several galleries reported strong first-day sales.
David Zwirner, which in 2025 focused exclusively on ART021 rather than participating at both fairs, placed works by Huma Bhabha, Mamma Andersson, Katherine Bernhardt, Scott Kahn, Dana Schutz, and Walter Price. The gallery also placed Felix Gonzalez-Torres's Untitled (Last Light) (1993) with a major Chinese collection, though it declined to disclose the price. Galerie Mennour's Asia Director Wang Beili noted that approximately 60 to 70 percent of the gallery's works were sold across ART021's four days. Xia Jifeng of the Hive Center for Contemporary Art reported that more than two-thirds of the centre's works had been sold by the close of the fair. The Los Angeles gallery Make Room sold a glass-painted installation by Peng Ke on VIP day for approximately ¥93,000 (around $12,800).
At West Bund, galleries including Hauser and Wirth sold a Philip Guston work for exactly $1 million to a private Asian collection at the 2024 fair, representing one of the more significant single transactions in recent Shanghai fair history. Notable absences in 2025 included Gagosian and Pace Gallery, with Pace's withdrawal following the closure of its Hong Kong flagship.
Shanghai's market is increasingly characterised by local Chinese collectors acquiring what they consider personally meaningful rather than making investment-driven purchases. Several gallerists noted that the relationship between gallery and collector is deepening, with serious buyers seeking sustained programmes rather than transactional encounters.
Selected Exhibitions Open in 2026
The following exhibitions were scheduled to be open at Shanghai galleries and institutions at some point during 2026, based on information available as of early 2026.
Reinventing Landscape: Highlights of the Centre Pompidou Collection Vol. IV — Centre Pompidou x West Bund Shanghai. Running from 29 April 2025 through 18 October 2026. This ongoing institutional partnership represents a sustained collaboration between the French national museum and Shanghai's West Bund cultural district.
Pearl Lam Galleries — Deconfiguration[s] — featuring Alimi Adewale, Cornelius Annor, Mr Doodle, Qian Jiahua, Samuel Nnorom, Deborah Segun, and Chen Yufan. Opened 10 November 2025, running through March 2026. https://www.pearllam.com
Lisson Gallery Shanghai — Oliver Lee Jackson. Scheduled 7 March – 25 April 2026. Lisson Gallery's Shanghai space at 2/F, 27 Huqiu Road. https://www.lissongallery.com
Art Fairs and Events
In addition to permanent gallery spaces, Shanghai's art calendar centres on two major commercial fairs each November. ART021 Shanghai Contemporary Art Fair, now in its thirteenth edition as of 2025, is held at the Shanghai Exhibition Centre and prioritises a mix of international and Chinese galleries. West Bund Art and Design is the companion fair, staged in Xuhui District, and in 2025 moved into a substantial new permanent venue. Both fairs take place concurrently in November each year.
The Shanghai International Art Fair, a separate and more trade-focused event, is scheduled to take place at the Shanghai New International Expo Centre from 1 to 3 May 2026, with applications open for exhibitors.
Shanghai International Art Fair website: https://www.theshanghaiartfair.com
PHOTOFAIRS Shanghai, dedicated to photo-based and digital works, is the largest fair of its kind in the Asia-Pacific region and is staged annually in spring at the Shanghai Exhibition Centre.
This article reflects information available as of February 2026. All exhibition dates and gallery details should be confirmed directly with each institution.