'Protest At Racecourse Could Have Been Dangerous'

"); jQuery("#212 h3").html("

"); });
2019-09-19 HKT 12:15
A former president of the Racehorse Owners Association say the Jockey Club made the right decision in cancelling Wednesday night's races as it would have been extremely dangerous if protesters managed to enter the racecourse or shine laser pointers at the horses' eyes.
Apollo Ng said on Thursday that such actions could have easily caused injury to the horses and their jockeys, and even the spectators.
Some anti-extradition bill protesters had threatened to disrupt the meeting because a horse co-owned by pro-Beijing legislator and outspoken critic of the protests, Junius Ho, was due to run in one of the races.
After the Jockey Club cancelled the races, some people said they should have instead just cancelled the race in which Ho's horse – Hong Kong Bet – was running.
But Ng said such a decision would have been unfair to 11 other owners whose horses were scheduled to compete in the same race.
Ng added that the cancellation of Wednesday night's racing was not just bad news for horse owners and regular punters, but for all Hong Kong people, due to the revenue loss.
He said the cancellation of one day's races means a loss of around HK$100 million in tax revenue, and some HK$50 million in donations made by the Jockey Club.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more