Race 1 (010)
SAN FRANCISCO HANDICAP Rating:38-18 1650m Happy Valley Good
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 4 | KINGDOM OF GOLD (CA103) | G Mosse | P-/V2 | In touch. Mainly 4th to straight. Responded well to reach lead 200 M. Held on well. |
| 2 | 7 | DYNAMIC WINNINGS (BV346) | D Dunn | TT | Better than midfield on inside. Ran on steadily from 5th early straight to take 2nd inside 100 M. |
| 3 | 10 | MAGIC WIN (BV196) | W C Marwing | B | Led field to 200 M. No extra. |
| 4 | 1 | FORTUNE GLORY (BV011) | H K Yim | P-/B2 | Rear. Made progress on outside home turn. Continued to make ground in straight to just miss a minor placing. |
| 5 | 9 | CAVIAR ONE (CA272) | K C Tsang | BO | Held 3rd to 400 M. Kept on without quickening. |
| 6 | 11 | SPECTACULAR WIN (BV030) | E Saint-Martin | B | Sat outside leader. Hung out home turn and was 4-wide turning in. Kept on until finding no extra closing stages. |
| 7 | 5 | CLEAR MASTER (BT128) | E Legrix | -- | Midfield or slightly better. Made no show in straight. |
| 8 | 3 | TRULY HAPPY (CB175) | D Whyte | B | Never better than midfield. |
| 9 | 12 | CHUNG ON TREASURE (CA181) | G Schofield | B | Mainly 9th throughout. |
| 10 | 8 | IRON TYCOON (BS093) | Y T Cheng | B | Slowly away, towards rear throughout. |
| 11 | 6 | OPTIC DYNAMIC (CA320) | W M Lai | B1 | Never able to feature. |
| 12 | 2 | MAXIMUM JOY (CA025) | A Marcus | B1 | Made no show. |
| 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 |