HONG KONG — Mei Ah Entertainment Group pulled off a number of deals outside the Asian market at this year’s Hong Kong Intl. Film & TV Market (Filmart), indicating that quality local productions are rekindling international interest in Hong Kong movies.
During the three-day event, organized by the Hong Kong Trade Development Council (TDC) and ended last Friday, the film production and distribution company found buyers from the U.K., France, Brazil and Singapore.
The products sold include Ringo Lam’s “Victim,” Wilson Yip’s award-winning “Bullets Over Summer” and “A War Named Desire” by Alan Mak.
Distribution manager Charlene Lai told Daily Variety that Filmart visitors are usually from neighboring Asian countries and they come mainly to make contacts rather than do business.
Lai says the asking price for Mei Ah’s products at this year’s Filmart ranged between $30,000 and $50,000.
Major production houses Golden Harvest and China Star also struck sizable deals with buyers outside Asia last week.
The number of overseas buyers doubled this year to over 1,000. They came not only from neighboring countries but also from Brazil, Argentina, Chile, Spain, Estonia and Tahiti. “Buyers had stopped coming in the past two years,” Yip said. “But with the recovery of the Hong Kong economy and better quality productions, we are definitely attracting some new market buyers.”