Skip to content
Friday 28 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,811.98
+0.18%
DAX
26,520.79
+0.58%
CAC 40
8,403.48
+1.00%
STOXX 50
6,473.07
+0.75%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Sunday 19 July 2020 2:47 pm

Smiles all round at Happy Valley after record fixture

By: Harry Banks

Add as a preferred source on Google

Racing may have been a different proposition in much of the world this year, with good news at a premium during the Covid-19 pandemic.

But in Hong Kong, there’s plenty around – with the finale of this season’s racing at Happy Valley seeing a turnover record for a fixture at the inner city track.

Read more: Chinese Ambassador slammed after denying “chilling” revelations

The last fixture of the season on July 15 saw turnover of HK$1.6 billion (£160 million).

Overall, despite the Covid-19 pandemic and demonstrations related to the Beijing government’s imposition of draconian curbs on freedom of protest and dissent, turnover was down by only 2.6 per cent year on year for the 2019/20 season.

Winfried Engelbrecht-Bresges, Chief Executive Officer at the Hong Kong Jockey Club, said: “While we recognise that the Coronavirus situation is an ongoing battle, and we must remain vigilant, I can say that it has been heartening to see the Hong Kong community pull together and play a crucial part in combatting its effects; the Hong Kong Jockey Club has been quick to reflect and enact those safeguarding measures and policies while continuing to race.

“We are pleased to have been able to complete a full season but of course our prime focus throughout, and a real challenge, was to act responsibly to protect the public health and safety of our staff, customers and the wider community, at every turn, while at the same time balancing that with the desire for our sport to continue.”

The Jockey Club is Hong Kong’s largest taxpayer, with a bill of more than £1bn paid this year.

Read more

Prem Rugby team ditch Big Game fixture at Premier League ground

Empty stadium stands with large banners supporting MND awareness, Gloucester Rugby, and the Slater Cup.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

Categories

  • Sport

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Lloyds Bank and Halifax users unable to use app in latest outage

  • Economists urge Bank of England to halt bond sales as borrowing costs climb

More from Morning Wire

  • Prem Rugby team ditch Big Game fixture at Premier League ground

    Sport Business
    Empty stadium stands with large banners supporting MND awareness, Gloucester Rugby, and the Slater Cup.
  • Exclusive: Fulham launch £900 a head Michelin-guide recognised hospitality at Craven Cottage

    Sport Business
    Aerial view of Fulham FCs Craven Cottage stadium redevelopment, Riverside Stand, and Thames riverfront in London.
  • In defence of The Hundred, by co-chair of Welsh Fire

    Sport Business
    Chris Woakes, cricketer in a red uniform, raising his arms in celebration on the field.
  • Fishing retailer catches sales boost to defy summer drought

    Retail
    Four people fishing from a blue boat under a brick bridge on a river.
  • Will Formula 1 need to refund sponsors for cancelled Middle East races?

    Sport Business
    Max Verstappen in a Red Bull Racing cap and team shirt, looking contemplative with hands under his chin.
  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

    Sport Business
    Evangelos Marinakis, owner of Nottingham Forest, in a dark jacket and white shirt, looking serious at a stadium.
  • Premier League Gameweek 2 Predictions: Arsenal and Chelsea March On

    Betting
    Premier League Gameweek 2 Predictions text with a football illustration on a light green background.
  • Premier League Betting Sites: EPL Free Bets & Betting Offers

    Betting
    Text graphic: Premier League Betting Sites & Free Bets on a green geometric background
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook