Race 2 (328)
WATERLOO HANDICAP Rating:38-0 1200m Sha Tin Good
Section 1
| Placing | Horse No |
Horse Name | Jockey | Gear | Comment |
| 1 | 1 | BANK ON IT (BT236) | F Coetzee | B2/TT | Led field soon after start. Held 4Ls advantage early straight. Won readily. |
| 2 | 8 | GOLDEN BELL (BT256) | G Mosse | B | Towards rear. Made ground along rail home bend to be midfield turning in. Ran on well final 200 M without threatening. |
| 3 | 3 | BOXING DAY (CA284) | Y T Cheng | -- | Behind midfield. Checked final turn. Ran on steadily to snatch 3rd close home. |
| 4 | 12 | FORTUNE REACHING (BV253) | O Doleuze | B/TT | Slightly better than midfield. 5-wide turning in. Kept on to gain 3rd 100 M but lost the minor placing near finish. |
| 5 | 6 | WINNING DELIGHTS (CA054) | W C Marwing | B-/TT1 | Soon last from widest draw. Made up good ground from outside in straight, never nearer. |
| 6 | 10 | WINWIN COMBINATION (BP340) | W Woods | B | Better than midfield. Dropped back a bit when slightly hampered approaching 800 M. Kept on in straight. |
| 7 | 11 | GRANDSTAND (BP286) | B Marcus | B | Midfield. Made progress to 4th final turn. Kept on until finding no extra closing stages. |
| 8 | 14 | ABSOLUTE (CA022) | K C Tsang | -- | Pushed along to soon be 2nd. 4Ls behind winner early straight. Held on until failing to hold place closing stages. |
| 9 | 7 | SMILEY WIN (CA005) | D Whyte | B | Missed the start and was in the rear. Ran on a bit on outside final 250 M. |
| 10 | 4 | REALLY LUCKY (BS159) | E Saint-Martin | B/TT | Was there until weakening to contend closing stages. |
| 11 | 13 | CORE PRINCIPLES (BS229) | W M Lai | B | Towards rear throughout. |
| 12 | 5 | ZENON LIGHT (BV227) | Hammer-Hansen | -- | Never able to feature. |
| 13 | 2 | PRINCESS BEAUTY (CB075) | D Dunn | B1 | Prominent. Dropped back to 5th rounding home bend. Weakened in straight. |
| 14 | 9 | HONG KONG STAR (CB072) | J Egan | -- | Held 5th to home turn. Dropped out. |
| 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 |