HK Cinema - 1999

Ryan reported the following story. Please check out his world famous site at : Hong Kong Movie Database


In a press conference, Raymond Chow confirmed the future liquidation of Golden Harvest.

Golden Harvest was established in 1970 with partners Raymond Chow Man-wai, Leonard Ho Koon-cheong, Choi Wing-cheong and Leung Fung. During that first decade, Golden Harvest competed fiercely with the Shaw Brothers. Due to a lack of actors and actresses available at the beginning, Golden Harvest was forced to recruit lots of new performers that were to change the face of HK cinema over the next few decades. During the past 29 years, Golden Harvest has worked with and helped establish the careers of many movie stars including Bruce Lee Siu-lung, Jackie Chan (Sing Lung), Sammo Hung Kam-bo, Yuen Biao, Angela Mao and others.
 

In recent years, Golden Harvest has been in a difficult position for many reasons. The switch of Jackie Chanís film career development from Hong Kong to Hollywood, the death of Leonard Ho Koon-cheong and the indebtedness of Golden Harvest. Certainly, the general decline of HK cinema has been part of the problem. At the same time, Golden Harvest's film site in Fu Shan Road has been forfeited to the Government for a housing project. At the same time GH failed to get the land for their new site in Tsung Kwan O. All of these have had a great impact on Golden Harvest's finances.

This is indeed a sad chapter in HK film history. It is hard to imagine where HK cinema would be today without the creation of Golden Harvest.