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Hong Kong conglomerate New World steps into China

Hong Kong conglomerate New WorldGroup, which is owned by Media 8 Entertainment investor Henry Cheng, is to stepinto film production in Chinawith PK.com to be directed byBeijing-based filmmaker Xiao Jiang (Electric Shadows). Hong Kongidol Jaycee Chan, son of action star Jackie Chan, and Taiwanese heartthrob ChenBo-lin will head the cast ofthe film.

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