Singer Andy Hui Chi-on has said a move by Leon Lai Ming to Go East Records would not affect his status with the label. Sources have said Lai will join Go East when his Polygram contract runs out. Hui dismissed as 'absurd' reports Lai's move would threaten his status at the label. 'Such reports are groundless. I'm sitting pretty here and welcome Lai into our family,' he said. 'There is no big brother set- up here. We are all professionals and our relationship is that of one big family,' Hui said. Artists are feeling the pinch as the economic downturn bites into the record industry, with some companies making cutbacks. Singer Josie Ho Chiu-yee is one of the latest victims. She was not invited to renew her contract with Artist Records, reportedly because her albums were not selling so well. But she is still confident about the future, with friend Edmond Leung Hon-man saying Ho would keep singing but move her base from Hong Kong to Japan. Leo Ku Kui-kei is at the centre of a scramble among several record companies. Ku, rated at number five in the Canto-pop hierarchy, finishes his five-year contract with Music Impact Records in September. But the 26-year-old singer has not yet decided to extend his term with the label. 'I have been approached by more than five record companies and their offers are very impressive, but I just can't make up my mind,' he said. Ku added that he would give preference to his current company as it had helped him reach the top. Kent Wong Hap-hei has decided to make a switch from windsurfing to acting. He has dropped his intentions of working towards the Asian Games and plans to get fully involved in acting. 'I don't have any regrets,' Wong said. 'Perhaps it's a good time for me to quit the sport. I'm getting too old,' he added.