Saturday 8 September 2018

“‘One country, two systems’ a winner for horse racing in Hong Kong” | SCMP


This is indeed exciting stuff. A new horse training facility run by Hong Kong's Jockey Club but across the border in Guangdong. Very secure, it's called a "cross between Andorra and Alcatraz". 
Jockey club turnover last year HK$234 billion (US$30 billion) on 88 races. That's US$340 million per race which pretty much dwarfs the betting turnover in my native Oz. 
David ends up with this rather lovely observation from the inimitable little Deng: 
I sense that Deng Xiaoping would be pleased. Before the handover, he promised: "Horses will still run, stocks will still sizzle, dancers will still dance." I don't see much sizzling in the stock market of late, nor much dancing, but his successors have made sure the horses will still run – and in style.
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'One country, two systems' a winner for horse racing in Hong Kong
https://sc.mp/2QdJVpB


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