Race 2 (121)
MORSE HANDICAP Rating:55-35 2200m Happy Valley Good To Firm
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 9 | NATURAL ECHO (CB326) | A Marcus | B | Tracked leaders. Came to challenge upon straightening and took charge 200 M out. |
| 2 | 10 | LOK WAH TREASURE (CA361) | D Dunn | -- | Settled at the back. Commenced run rounding home bend and ran on to be nearest at finish. |
| 3 | 12 | WE'RE BUDDIES (CC142) | W M Lai | -- | Attempted to make all. Joined in front rounding home bend. Kept on without quickening in straight and swamped over 200 M out. |
| 4 | 2 | CHINESE KID (CC091) | W Woods | -- | Never far off in 4th position. Soon came to challenge upon straightening making steady headway towards leaders but rider eased too soon. (See Racing Incidents.) |
| 5 | 1 | FLORAL DANCER (CA259) | S K Sit | -- | Well there. Disputed lead rounding home bend but unable to sustain effort in straight and soon faded under pressure. |
| 6 | 6 | KASHMAC (BT084) | D Whyte | -- | Settled in last few. Ran on steadily down straight until finding not much room near finish. |
| 7 | 3 | HAPPY FORTUNE (CA307) | A Delpech | -- | Settled in forward of midfield. Took closer order rounding home bend. Gained 4th when holding some chance on rails turning in. Unable to sustain effort final 200 M. |
| 8 | 5 | ALLEZ ALLEZ (BV205) | Y T Cheng | B | Never better than midfield. One-paced in straight. |
| 9 | 7 | MILLENNIUM SUPREME (BV228) | F Coetzee | V-/TT | Never nearer. |
| 10 | 4 | PRODIGY (BS294) | S Dye | -- | Midfield into straight then faded. |
| 11 | 11 | DAILY BREAD (CC112) | W Smith | -- | Raced in midfield. Gave ground rapidly from Rock. |
| 12 | 8 | DRAGON WIN (BV242) | M W Leung | V | Broke well settling towards rear. Dropped to tail-end approaching 500 M. |
| 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 |