Can The Jockey Club Put On A Burst Of Speed?

It's working hard to stem a slowdown in Hong Kong racing

It was a glorious moment for Hong Kong racing. As 50,000 fans at Sha Tin racetrack roared in excitement on a Sunday afternoon in April, local Thoroughbred Oriental Express charged from the rear of the pack to win the Queen Elizabeth II Cup, one of the former British colony's most prestigious races. Moments later, the horse's owner, Larry Yung, chairman of CITIC Pacific Ltd., basked in the winner's circle as he hoisted the gold trophy and collected the $680,000 purse.

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