The sceptre with a ruyi-shaped head finely carved in low relief with a blossoming and fruiting branch of peach, bamboo leaves, and lingzhi in a basket above ruyi clouds, a bat flying over the top, the arched shaft further embellished with a brunch of peach over a bat the end, the stone of a pale green tone with natural opaque white inclusions, wood stand, box.
Note: Ruyi means 'as you wish', and therefore the presentation of a ruyi sceptre would have been deemed as bestowing good luck. The combination of peach, bats and the ruyi sceptre forms the rebus fushou ruyi 福壽如意, which symbolises blessings, longevity and fulfillment of all wishes.
Compare a pale jade ruyi sceptre decorated with the same subject, Qing dynasty, illustrated in Compendium of Collections in the Palace Museum: Jade 8, Qing Dynasty, Beijing, 2011, no.62. See also a pale green jade decorated with bats and peaches, 18th/19th century, which was sold at Bonhams Hong Kong, 28 November 2017, lot 22.
Bonhams. Fine Chinese Ceramics and Works of Art, 28 May 2019, 15:30 HKT, Hong Kong, Admiralty