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Kung Fu Hustle’s Stephen Chow mortgages The Peak house where HSBC’s Taipan House once stood

  • Stephen Chow mortgages 12 Pollock’s Path on The Peak for a loan of undisclosed amount from JPMorgan Chase
  • Filmmaker bought the site from creditor banks in 2004 and redeveloped it into four houses with separate addresses

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Stephen Chow, Hong Kong’s King of Comedy, has mortgaged his home at The Peak in March. He directed blockbuster action comedy Kung Fu Hustle in 2004. Photo: Getty

The house at 12 Pollock’s Path on The Peak in Hong Kong, where HSBC’s Taipan House once stood in the 1970s, has a panoramic view of the city’s skyline and the Victoria Harbour.

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The 5,711 sq ft property, reachable from the city’s financial district by a 20-minute winding car ride, is a rare asset that analysts typically called “diamond-grade”. It also sits on the edge of a cliff which, as history suggests, the owner will need more than just money to buy it.

“People say it is at a quite steep position on The Peak,” said Louis Ho, principal sales director at Centaline Property Agency. In feng shui or Chinese geomancy, “the owners or buyers need to be very strong [with their fates] to take it.”

The current owner is 58-year-old actor and filmmaker Stephen Chow, dubbed Hong Kong’s King of Comedy for his prolific reels of slapstick films, and director of 2004 blockbuster Kung Fu Hustle. Chow has also just mortgaged the property for an undisclosed amount of loan from JPMorgan Chase, according to the Land Registry.

The opulent Skyhigh, once the residence of former HSBC chairmen, stands at The Peak's highest point. Photo: SCMP
The opulent Skyhigh, once the residence of former HSBC chairmen, stands at The Peak's highest point. Photo: SCMP
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Chow has never put it up on the market, at least according to official records. There is also no evidence he is facing any cash crunch. He did not reply to messages left for him at Bingo Group, his listed movie production company where he is known as Chiau Sing-chi.

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