NZ Attracts Major International Thoroughbred Investor

Media Release - Wednesday September 6
Chinese businessman Zhang Yuesheng's extensive bloodstock portfolio now includes a significant investment in the New Zealand industry.

Mr Zhang - pic Tara HughesHe has recently formed an association with Nick and Anne-Marie King's Waikato breeding operation Brighthill Farm through their freshman stallion Preferment.

"Mr Zhang has bought 10 of the 50 shares in Preferment and he will be sending 20 mares to him for at least the next three years," Nick King said.

"Ten dry mares are arriving from Australia this week and he will be adding another 10 sourced from New Zealand."

Zhang said he had followed the regally-bred son of Zabeel throughout a racing career that netted Group One wins in the VRC Derby, Turnbull Stakes, Australian Cup and The BMW.

He now welcomed the opportunity to work with New Zealand breeders to support Preferment at stud.

"He owns an awful lot of bloodstock all around the world and this is his first investment in New Zealand," King said. "It's a great endorsement of our industry and we're delighted to have him on board.

Preferment - Grant Courtney"It's giving Preferment a great book of mares and that's what syndication is all about. The reasons why these things happen is the quality of our horses and our environment.

"He will be making his first visit to Brighthill toward the end of this month."

Zhang's Australian presence has steadily grown through his development in Victoria of Yulong Park, a 175-acre property south east of Melbourne and home to a quality broodmare band.

The Chinese billionaire also owns the impressive Yulong Racecourse in Shanxi and is keen to foster the development of horse racing in his homeland.

Also a significant buyer at European sales, his racing team is split between Mick Price, Darren Weir, Peter and Paul Snowden and Bjorn Baker in Australia.

Zhang has previously attended the Karaka Sales and earlier this year purchased a Tavistock half-brother to Killarney Kid for $425,000 through Alex Teng of Horse Feng Bloodstock, who was also instrumental in the stallion investment.

"It is very exciting to see Yulong invest in Preferment," Teng said. "Yulong is the biggest player in Chinese breeding and racing and it is great to have them involved in the New Zealand breeding industry." – NZ Racing Desk.


Advertisment
More Reading...
How Much for a Snitzel Colt from Winx?
The record price for a yearling by the late champion sire Snitzel stands at $2.8million, but that benchmark looks set to be smashed at Inglis Easter next year.
Sires With Winners - Saturday June 28
Here is the full list of 109 stallions which had winners throughout Australasia today with winners and result details.
Cook comes full-circle with Preferment
Eminent Australian owner Francis Cook has returned to New Zealand this week, the source of one of his standout racetrack performers.
Big Pedigrees Don’t Always Spell Black Type
The breeding of thoroughbreds is a very inexact science which is why we saw siblings to a pair of Group I winners fighting out the finish of a very pedestrian 1100m maiden at Ballarat on Sunday.
Unbeaten So You Think 3YO WA's New Excitement Machine
One month to the day since he first set foot on a racecourse, So You Think’s three year old son  Opportunistic remains undefeated from three starts, is a dual stakes winner with earnings of $200,250 to his name, and is WA's new rising star of the turf.
Another Aussie SW Sourced from Aga Khan Studs
When Australian investors buy tried horses out of Europe from Aga Khan Studs they know they are getting quality, but the good ones don’t come cheap with Elamaz (IRE) sourced from their draft at the Arqana Arc Sale last year for €480,000.
Sires With Winners - Sunday June 29
Here is the full list of 53 stallions which had winners throughout Australasia today with winners and result details.
Better Than Ready’s Metalart Wins Group 3 W J Healy Stakes
Improving off a third in the Listed Lightning Handicap at Eagle Farm recently, 4yo Better Than Ready gelding Metalart stepped up to 1200m to record his first black type success, winning the Group 3 W J Healy Stakes.
Wootton Bassett Winning Whirl
It was a red letter day for Wootton Bassett (GB) at The Curragh overnight with a treble of winners highlighted by top class filly Whirl, who captured the Group I Pretty Polly Stakes (1m2f), a race won by the mighty Via Sistina in 2023.
$3million Won Through Inglis Xtra Bonus
A staggering $3m has now been won as part of the Inglis Xtra Bonus Series following today’s victory by the Cody Morgan-trained 3YO Considered at Dubbo.