Good news for HK film lovers. They do have a tough hill to climb 
because South Korea, Japan and Thailand have upped the ante and made 
awesome films while the HK industry was slumping.

There are still good films coming out of HK like SPL and Triad 
Election but they aren't the powerhouse they were in the late 80s and 
early 90s.

--- In scifinoir2@yahoogroups.com, "Tracey de Morsella" <[EMAIL PROTECTED]> 
wrote:
>
> Hong Kong Plans To Revive Its Film Industry
> 
> 18 November 2008 1:31 AM, PST
> 
> While at its peak in the 1990s, the Hong Kong film industry was 
churning out
> more than 300 movies a year. That number fell to 50 last year and is
> expected to be even lower still this year, Wellington Fung Wing, 
secretary
> general of the Hong Kong Film Development Council, told the South 
China
> Morning Post on Monday. The drastic decline of an industry that was 
once
> called "Hollywood of the Orient" has spurred the council to reach 
out to
> Taiwan, Singapore and Malaysia to arrange co-productions that could 
appeal
> to their joint markets. It also plans to send a delegation to nearby
> Guangdong province on the mainland next month to explore the 
possibility of
> co-productions with studios there, the Morning Post said.
> 
> http://www.imdb.com/news/ni0608615/
>


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