Standard Chartered Bank signed an agreement Friday to provide coin for “Curse Of The Golden Flower.”
The Zhang Yimou-helmed movie which is now shooting in China, is the highest-profile project financing arrangement by the bank since set up a creative industries center based in Hong Kong.
Pic is produced by Zhang Weiping and Bill Kong’s Edko Films on a budget in excess of $30 million.
“This is a significant milestone for Hong Kong, China and the whole of Asia’s entertainment industry. For an Asian filmmaker local bank financing provides an alternative means to funding movies that have historically been financed by private investors only,” said Kong.
Movie stars Chow Yun-fat, Gong Li Jay Chou and Ye Liu.