Baton Rouge (Ire)

Eighth Annual China Horse Owners Alliance Held

The eighth China Horse Owners Alliance (CHOA) conference was held on Aug. 31 at Yulong International Hotel. Yulong owner Zhang Yuesheng was re-elected as Chairman of CHOA. "This year's prize money is 20 million RMB/$2.7 million and next year's is 30 million RMB/$4.1 million," Yueshang said. "That means we will have completed the three-year plan for the Chinese-bred Thoroughbred series regular races. However, we will strive towards a prize money of 40 million RMB/$5.5 million next year and plan to introduce graded races. This is also the reason why CHOA...

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