Some of the fillies seemed to be getting a bit restless and the stallions looked to be sweating up badly before the start.
None of them was actually running in the Melbourne Cup, of course. They were all dressed to impress at an unseasonally hot Happy Valley racecourse, where it was the Australian Association of Hong Kong's Melbourne Cup Day.
The champagne flowed while the race was shown live on the big screen.
The Melbourne Cup is Australia's biggest horse race and is billed as 'the race that stops a nation'. It is staged at the famous Flemington course.
Australian Association president Jennifer Ferris confirmed that more than 450 people attended at Happy Valley and it was a great chance for the ladies to 'frock up' and enjoy themselves.
'I've been to the Melbourne Cup twice before and although it's been really good fun, in Hong Kong it's more manageable and not as crowded as there,' she said.