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Hong Kong Sale

Hong Kong's internatonal sale produced a record average and top lot



Top lot and average both set records in Hong Kong

THE Hong Kong international sale produced a record average of HK$4,705,000(£371,706/425,645)  for 20 lots and a highest ever price for an individual lot of HK$7.5 million (£592,518 / €678,499).

The top price was for an unnamed  son of the Last Tycoon horse O'Reilly, who stands at Waikato Stud in New Zealand, and was bought by leading owner Yeung Kin Wing.

"We are delighted with the results of the sale," said Hong Kong Jockey Club executive director of racing Bill Nader.  "The record average reflects the fact that the lots were beautifully presented and all looked terrific.

"We vet horses very carefully to make sure they are worthy of their place in the sale; this knowledge gives buyers reassurance. Last time there were just 19 horses in the sale. This year it was 20 after we had withdrawn three because we felt they were
not ready for this sale. "

Other notable purchases at a sale conducted by John O'Kelly were a HK$7million son of Fastnet Rock and a HK$6 million son of Hawk Wing.

The 2011 average was nearly  HK$1 million up on the average for the most recent HKIS held in December 2009, and the median was up by HK$600,000.

Spain set for first breeze-up auction

The Spanish Thoroughbred Breeders' Association has accounced plans to stage the first Spanish breeze-up sale at La Zarzuela in Madrid on March 26.

The sale will feature 16 juveniles - sires include Hawk Wing and Motivator - as well as eight horses in training.





King's Theatre £1,148,097
Presenting £1,059,921
Beneficial £989,334
Oscar £896,303
Milan £871,660
Westerner £840,543
Flemensfirth £759,565
Kayf Tara £658,975
Midnight Legend £595,809
Stowaway £503,470