CO537-6564 — Page 50

This is a prelude to its branching-out into Siam.

If circumstances permit, the local pro-

Communists will soon start a general survey of

other new territories.

ONE-FILM COMPANIES.

The mushroom growth of the so-called one-film

companies is largely due to the following reasons:

(a) the recent prolonged slump in Hong Kong dictates the necessity of producing 'quickies' at

the minimum cost;

(b)

the virtual suspension of the largest local studio (Yung Hwa) for nearly four months has thrown

many film workers into unemployment and forced them to work for 'quicky' producers;

(c) the scarcity of new films from China has

created demand for Hong Kong-made films in Singapore

and other South East Asian territories.

Those one-film companies which have already started, or definitely decided, to produce films are as follows:-

PRO-COMMUNIST COMPANIES :

(a) South China.

(76)

Ta Kwang Ming.

(c)

Cinema Workers'

LIBERAL COMPANIES :

20

Co-operative.

(a) Nan Yang, or

South Seas. This company, being owned by the

theatre magnate Shar Bros., has its om studio

and may become a permanent film-producing

company of importance eventually.

(b) Far Eastern.

Wall.

Operated by S.K. Chang, former general mag of Croat

This company may grow into a big company if its first productions turn out to be big box-

office successos.

/(c)......

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