Racing giant Yulong Investments have taken the unusual step of sending a text message to Australian racing connections to dismiss rumours about billionaire Chinese owner Yuesheng Zhang’s absence from Saturday’s Cox Plate meeting.

The man behind mega racing operation Yulong Investments will not be at Moonee Valley to watch his Cox Plate favourite Via Sistina defend her crown.

Concerns had been raised in racing circles this week that Zhang could not secure an Australian visa in time to make it to Melbourne to watch the race, two sources who wished to remain anonymous told this masthead.

But Yulong confirmed to this masthead on Friday morning that the organisation’s general manager, Jun Zhang, who is the owner’s son-in-law, had sent a text to several people in the breeding industry this w

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