日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Entrepreneur bets on horse success

By Lyu Chang in Tongliao (China Daily) Updated: 2014-10-01 10:07

Entrepreneur bets on horse success

Horse-racing events are held regularly in Inner Mongolia, which boasts China's best grassland and breeds world-famous Mongolian horses. Racing rules are similar to those of Hong Kong.[Jian Jun/China Daily]

Equestrian owner counting on China's newly rich to take up riding, racing and purchasing of his pricely ponies.

The excitement of the crowd can be felt as well as heard around the equestrian field where horses gallop across the turf.

But instead of the manicured race course at Happy Valley in Hong Kong or the green pastures of the United Kingdom, this horse race in August took place in Tongliao, a city in Inner Mongolia that boasts China's best grassland and breeds world-famous Mongolian horses.

Although no betting is allowed during the Jirem Horse Racing Festival, there are prizes available, including one totaling more than 200,000 yuan ($32,573) that went to Lang Lin and his riders after their horses won seven gold medals of the total nine races, including the running of the 2,000- and 5,000-meter races.

Entrepreneur bets on horse success
Rules and betting seen as fast track to Chinese clubs' success
Entrepreneur bets on horse success
 Sport of kings a lure for nouveau riche

Lang, owner of Inner Mongolian Rider Horse Co Ltd, which he started in 2006, is a horse-racing fanatic who appears regularly at racetracks at home and abroad to watch over his vast stable of thoroughbreds, imported from New Zealand, and to see the horses compete.

"Polo and equestrian events are becoming a new way for the Chinese nouveau riche to relax and show their social status," said Lang, who now owns more than 800 horses, including thoroughbreds, Mongolians and halfbloods.

"In China, riding and watching polo is just starting to become a trend, and many will also buy horses, just as they have dogs, cats and other pets at home," he said.

As more wealthy Chinese are choosing equestrian sports as a marker for wealth and status, the number of polo clubs in China has risen from fewer than 100 in 2007 to more than 1,200 in 2013, and it is still growing, with an average increase of 30 percent per year, according to data released by the China Horse Industry Association.

But not many polo clubs are actually gaining profits, Lang said.

"It is still in its infancy, because only a few Chinese can ride and play," he said.

Polo clubs account for just a small part of his horse-related businesses, which range across the entire industrial chain, from the upstream - horse breeding - and the mid-stream - horse feeding - to the downstream: feedstock trading, polo clubs and clinics.

Lang said his is the first and only China-based horse business to receive private equity from venture capital companies.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 特级丰满少妇一级aaaa爱毛片 | 久久视频国产 | 91免费视频网站 | www.黄色网| 欧美精品在线视频 | 最近日韩免费视频 | 午夜无遮挡 | 日本一区二区在线播放 | 五月婷婷丁香激情 | 九九国产| 日韩美女久久 | 日韩美女一区二区三区 | 精品免费在线观看 | 亚洲国产欧美视频 | 亚洲天堂色 | 69xxx国产| 国产精品一区二区在线观看 | 手机在线观看av网站 | 日韩精品一区二区视频 | 亚洲一区二区免费视频 | 九九热精品免费视频 | 国产一级在线视频 | 午夜家庭影院 | 成人黄色在线看 | 黄色三级av | 国精品人伦一区二区三区蜜桃 | 精品不卡一区 | 国产精品一区二区在线 | 亚洲美女一区二区三区 | 天天综合永久 | 日韩视频一区二区在线观看 | 日韩免费在线观看视频 | 天天插天天操天天干 | 色狠狠一区二区三区 | 精品免费一区二区三区 | 免费日韩毛片 | 4虎最新网址 | 爆操少妇| 日韩激情视频在线 | 久久性网 | 免费无遮挡在线观看视频网站 |