The Hong Kong Cup headlines the Hong Kong International Races, which is billed as the biggest racing event in Asia and one of the richest races in the world.
- Race Type: Group 1
- Distance: 2000 metres
- Track: Sha Tin Racecourse
- Date: Sunday, 10 December 2023
Sponsored by Cathay Pacific, the Hong Kong Cup is a Group One race for three-year-olds and older. It is run in mid-December and contested over 2000 metres on Sha Tin Racecourse’s turf track. The Hong Kong Cup’s purse is HK$20,000,000 (approximately US$2,600,000).
Other Group One races held during the International Race Day are the Hong Kong Mile, 1600 metres; the Hong Kong Vase, 2400 metres; and the Hong Kong Sprint, 1200 metres. The total purse for all four races is HK$62,000,000 (US$7,980,000).
Previous winners of the Hong Kong Cup:
Designs On Rome, with Joao Moreira up and trained by John Moore, won the 2014 cup. The five-year-old toured the 2000 metres in 2.01.96. Other recent winners include: Akeed Mofeed in 2013, California Memory in 2012, Alexander Goldrun, 2004; Falbrav, 2003; Precision, 2002; Agnes Digital, 2001; Fantastic Light, 2000; Jim and Tonic, 1999; Midnight Bet, 1998; Val’s Prince, 1997; First Island, 1996; and Fujiyama Kenzan, the oldest winner at seven, 1995.
Frankie Dettori is the only jockey to have won the Hong Kong Cup three times. He was aboard Fantastic Light in 2000, Falbrav in 2003 and Ramonti in 2007. Gerald Mosse guided River Verdon to victory in 1991 and Jim and Tonic in 1999. California Memory is the only horse to have won the race twice (2011 and 2012).
| Year | Winner | Second | Third |
| 2022 | Romantic Warrior | Luxembourg | Hishi Iguazu |
| 2023 | Romantic Warrior | Danon The Kid | Money Catcher |
| 2021 | Loves Only You | Hishi Iguazu | Russian Emperor |
| 2020 | Normcore | Win Bright | Magical |
| 2019 | Win Bright | Magic Wand | Rise High |
| 2018 | Glorious Forever | Deirdre | Time Warp |
| 2017 | Time Warp | Werther | Neorealism |
| 2016 | Maurice | Secret Weapon | Staphanos |
| 2015 | A Shin Hikari | Nuovo Record | Blazing Speed |
| 2014 | Designs On Rome | Military Attack | Criterion |
| 2013 | Akeed Mofeed | Tokei Halo | Cirrus Des Aigles |
| 2012 | California Memory | Giofra | Alcopop |
| 2011 | California Memory | Irian | Zazou |
| 2010 | Snow Fairy | Irian | Packing Winner |
| 2009 | Vision d’Etat | Collection | Presvis |
| 2008 | Eagle Mountain | Balius | Linngari |
| 2007 | Ramonti | Viva Pataca | Musical Way |
| 2006 | Pride | Admire Moon | Vengeance Of Rain |
| 2005 | Vengeance Of Rain | Pride | Maraahel |
| 2004 | Alexander Goldrun | Bullish Luck | Touch Of Land |
| 2003 | Falbrav | Rakti | Elegant Fashion |
| 2002 | Precision | Paolini | Dano-Mast |
| 2001 | Agnes Digital | Tobougg | Terre A Terre |
| 2000 | Fantastic Light | Greek Dance | Jim And Tonic |
Flying Dancer was the winner of the inaugural Hong Kong Invitation cup, which was run in January, 1988. The race was limited to horses from Malaysia and Singapore.
Horses from Australia and New Zealand were added in 1989. In 1990 horses from Europe were admitted and those from the United States became eligible in 1991. Canadian and Japanese trained horses were added in 1992.
In 1990 the race was moved to mid December, except for 1992 when the race was run in April, 1993, because of a equine virus which forced temporary suspension of racing in Hong Kong.