Chinese investor dominates Melbourne August Sale

Turnover at the Inglis August Sale on Friday reached $2.44 million with Chinese based Yu Long Investments dominating the leader-board at Oaklands Junction.

Of the 205 head that found new homes, Yu Long Investments outlaid $602,900 on 11 lots including the three top-priced lots.  “Significant increases in aggregate and average from last year were very satisfying,” Inglis Victorian manager Simon Vivian said.  “And the exceptional clearance rate (92%) is evidence that buyers really appreciated the quality of product on offer.”

Yu Long Investments has been a supporter of trainer Mick Price for the past three years and Friday’s $200,000 sale-topper Mamwaazel will transfer to Caulfield for her next campaign  The Exceed And Excel mare was prepared by Chris Waller and has won races at Warwick Farm (2), Rosehill and Gosford.

Waller’s Group 3 winner Our Voodoo Prince ($140,000) and stablemate Rugged Cross ($100,000) filled out the top three places on the leader-board for Yu Long Investments.  Both geldings will be trained by Darren Weir.

Darley was the leading vendor by average and aggregate (three or more sold) with all 23 of their entrants selling for $638,000 at an average of $27,739.