Crazy Rich Asians investor wants to show the world the new face of China’s wealthy young in sequel
Liu Yang, head of the China Cultural and Entertainment Fund, says the movie will show what young Chinese care about: electronics, the internet, AI and e-sports
The Chinese investor behind the production of the history-making Hollywood comedy Crazy Rich Asians will turn her attention to the lives of the country’s newly wealthy in a sequel to be set in Shanghai.
Liu Yang, head of the private equity fund China Cultural and Entertainment Fund (CCEF) which bought a stake last year in the movie’s producer SK Global, said she wanted the sequel to reflect what young Chinese care about – electronics, the internet, artificial intelligence and e-sports – to bring global audiences closer to the country’s newest and most dynamic generation.
“The sequel will truly come to China, and it has to reflect the new money. The first movie is about old money, the sequel is about new money,” Liu said in an interview.
“The sequel has to link to the fresh power in China, the new consumption, the new ideas. We may even rename it ‘Shanghai Rich Girlfriends’.”
She has agreed with John Penotti, president of SK Global, that she would be heavily involved in the sequel’s production right from the conception of the screenplay.
