A WHARF-led consortium is conducting a feasibility study to set up a cable TV project in southern China. The venture would be similar to the one in Sichuan which was formed earlier this year. It is believed that one of the possible cities would be Guangzhou. The consortium is negotiating with Guangzhou Broadcasting and Television Bureau to form a joint-venture to develop cable TV and broadcasting in the area. The consortium would include Wharf Communications, a wholly-owned subsidiary of Wharf, its chairman Mr Peter Woo Kwong-ching's private company and the listed company MKI Corp. Wharf Cable's project co-ordination manager, Ms Gilda Chung, denied there were neither any negotiations underway nor that any agreement had been reached with the Guangzhou authorities. However, the Guangzhou Broadcasting and Television Bureau confirmed that they were in preliminary discussions with Wharf, but no concrete plan had been set out at this stage. ''We have some co-operations with Wharf concerning the programmes and production, but any further co-operation may be possible in future,'' said Mr Du Guang Nan, manager of Guangzhou Broadcasting and Television Company, a subsidiary of Guangzhou Broadcasting and Television Bureau. It is believed that the initial investment in the new project would be bigger than the one in Sichuan, which was $44 million.