Hong Kong director Danny Pang withdraws bankruptcy application

Danny Pang had filed for bankruptcy after accumulating debts due to his wife’s lung cancer treatment. Photo: Danny Pang/Weibo

Hong Kong film director Danny Pang, one half of the Pang Brothers, has withdrawn his bankruptcy application because a new film project has helped to resolve his financial woes.

The 58-year-old told Hong Kong’s Oriental Daily News in December that he had filed for bankruptcy after accumulating debts of about HK$2mil (RM1.2mil) due to his wife’s lung cancer treatment.