Race 4 (275)
THE P & O CHALLENGE CUP (HANDICAP) Rating:72-48 1600m Sha Tin Good
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 6 | UNMASKED (BK077) | A S Cruz | -- | In midfield to straight. Soon came under pressure and ran on well from 5th 250 M out to grab lead final strides. |
| 2 | 1 | ALL THRILLS (BK070) | L Piggott | -- | Settled in 2nd. Hit front soon after straightening, kicking 1L clear inside 200 M. Just caught near finish. |
| 3 | 11 | COURAGEOUS (BH040) | D Gauci | -- | In 6th early. Travelled 5th from 1000 M, straightening 3rd. Unable to sprint with leader when 1L off pace over 200 M out but kept on well to finish. |
| 4 | 4 | FACE THE ODDS (BH230) | M Kinane | -- | Rear. Ran on steadily inside 400 M to be nearest at finish. |
| 5 | 2 | GREAT TIME (BH045) | D Murphy | -- | Midfield. Soon quickened from 6th upon straightening but one-paced final 200 M. |
| 6 | 9 | SANDAL EMPEROR (BG250) | N Tiley | -- | Towards rear and ran on steadily inside final 300 M. |
| 7 | 3 | SHOULD RUN FOR ME (BK133) | D Beadman | -- | Broke well but settled at back of field to straight. Steadied when attempting a run upon straightening. Renewed effort with late gain inside 300 M. |
| 8 | 10 | TOP NEWS (BH035) | F Coetzee | -- | Made running to 350 M. Found no extra and swamped. |
| 9 | 13 | WINNING STALLION (BJ254) | K H Hung | -- | Well back. Hampered early in straight before making up some ground from tail-end inside 300 M. |
| 10 | 14 | PRIDE OF HONG KONG (BE076) | W H Tse | -- | Last till running past some beaten horses in straight. |
| 11 | 8 | PARADISE (BJ155) | R Thompson | -- | Jumped best. Mostly 3rd to straight and weakened. |
| 12 | 7 | ALWAYS LEAD (BJ286) | H K Yim | -- | Travelled 6th from 1000 M. Faded from 7th into straight. |
| 13 | 5 | EMINENCE (BJ284) | B Marcus | -- | Ridden along. Mostly in 4th to straight. Faded. (Bled.) |
| 14 | 12 | LUCKY RECORD (BC127) | C W Choi | -- | Never better than midfield. |
| 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 |