Champion sire Encosta de Lago provided three of the top four lots at the December edition of the 2012 HKJC International Sale at Sha Tin on Saturday.
This sale was the first of two to be held during the 2012/13 Hong Kong racing season and prices were not as inflated as has been the case in recent editions, a fact that pleased The Club’s Executive Director of Racing, William A Nader.
“Today was a break-even sale, which is a good thing – we’re not in this to make money on the sale,” he said. “As we’ve said many times in the past, the purpose of this sale is to be a service provision to our owners and members, to give them the opportunity to have options in bringing horses to Hong Kong and race.”
Top seller was an Australian bred three year-old Encosta de Lago gelding from Group II winning Danzero mare Sharp that made $HK5million($A615,000), having been purchased originally in Australia at Magic Millions for $A360,000.
High Chaparral had the next highest seller with his colt from Golden Gamble selling for $HK3.8 million, while the next most expensive horses were both by Encosta de Lago from Bennelong Belle and Sun Song respectively and fetched $HK3.5 million and $HK3.3 million.