Race 5 (384)
PEARL HANDICAP Rating:56-32 1200m Happy Valley Good To Firm
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 2 | SMILING FOREST (BV286) | W Woods | BO | Settled right behind leader on rail. There until leader hung off at 500 M. Improved through after this to score good win. |
| 2 | 1 | MASTERPIECE (CA078) | S Dye | -- | Began best from inside gate to lead. Hung out badly from 500 M allowing winner to improve from home bend. |
| 3 | 8 | HEADING TO WIN (BM068) | C H Tse | -- | Began well to settle behind leader. Always thereabouts. |
| 4 | 5 | LEGEND OF WEI HAI (BV283) | D Whyte | -- | Began well and then eased to be handy position with cover. Every chance on straightening. |
| 5 | 7 | ARROWMINT (BN011) | R Fradd | B | Raced midfield. Made ground along the rail on home bend and made steady ground thereafter. |
| 6 | 10 | HANDSOME FORTUNE (CA009) | Y T Cheng | -- | Went forward from wide out to be outside leader on settling. Inconvenienced after 500 M. One-paced. |
| 7 | 4 | SUNNY (BV040) | W M Lai | -- | Handy position early then steadied when crowded to be midfield. Wide on home bend. |
| 8 | 9 | RORY'S BID (BP272) | J Egan | B/TT | Restrained from wide gate to be rearward. Made little ground in the straight. |
| 9 | 3 | SOLO (BT127) | C Williams | -- | Behind midfield 3-wide. Never quickened when placed under pressure. |
| 10 | 11 | LIGHTMASTER (CA065) | S King | -- | No early pace to be rearward. Always there. |
| 11 | 12 | ME FIRST (BS236) | S K Sit | B | Eased early to be midfield. Never quickened. |
| 12 | 6 | SONOFAGUN (CA179) | M Kinane | -- | Quickly across from wide gate to be behind leaders. Weakened after straightening. |
| B : | Blinkers | BO : | Blinker with one cowl only | CC : | Cornell Collar | CP : | Sheepskin Cheek Pieces |
| CO : | Sheepskin Cheek Piece One Side | E : | Ear Plugs | H : | Hood | P : | Pacifier |
| PC : | Pacifier with cowls | PS : | Pacifier with one cowl | SB : | Sheepskin Browband | SR : | Shadow Roll |
| TT : | Tongue Tie | V : | Visor | VO : | Visor with one cowl | XB : | Crossed Nose Band |
| "1" : | First time | "2" : | Replaced | "-" : | Removed |