The race was first held over 2230m at Happy Valley in 1977 as the Queen’s Silver Jubilee Challenge Cup. It was renamed as the Queen’s Silver Jubilee Cup in 1989. It was a domestic Group 3 race from 2000 until 2002 when it was upgraded to a domestic Group 2 contest and was promoted to a domestic Group 1 status in 2006. In the 2014/15 season. it was upgraded to its current Group 1 status.

It is now the second leg of the Hong Kong Speed Series where the first leg is the Group 1 Centenary Sprint Cup over 1200m and the third leg is the Group 1 Chairman’s Sprint Prize over 1200m.

It is held on the same day as the Group 1 Hong Kong Gold Cup over 2000m.

Last 3YO to win: no 3YO has won

Multiple winners: Beauty Generation (2018, 2019 & 2020); Joyful Winner (2006 & 2007).

Fastest time (1400m): Ambitious Dragon (2013) 1:20:63

Leading trainer: John Moore

Interesting trivia: Beauty Generation was Hong Kong’s Horse of the Year in 2017/18 & 2018/19, and won this race 3 times (2018, 2019 and 2020).

Past winners include Able Friend, Ambitious Dragon, Lucky Nine, Good Ba Ba, Electronic Unicorn , Silent Witness (who made his 17th consecutive career win in the 2005 running) and Beauty Generation.