Producer Raymond Wong is finally set to start work on 'Wisely', a project he shelved a few years back in favour of making 'Ip Man'. The movie will reportedly have an estimated budget of around 100m yuan and will star a little known actor by the name of Donnie Yen (sigh).

Edko Films have announced the HK DVD release of 'Ocean Heaven' for the 9th September, 2010. The film marks the directorial debut of Xue Xiaolu, who co-wrote and starred in Chen Kaige's 'Together', and sees martial arts actor Jet Li taking on a rare dramatic role without any action elements.

Japanese actor/director Takeshi Kitano has announced plans for a sequel to his recent crime drama 'Outrage', which competed for the Palme d’Or in Cannes this May. The project will mark the first time that Kitano has made a sequel to one of his films throughout his entire 22-year directing career.

Manga Entertainment have announced the UK DVD release of 'Baccano! The Complete Collection' for the 11th October, 2010. Directed by Takahiro Omori, the 16-episode anime series presents several different storylines in brief fragments, with the action shifting from place to place and year to year.

Although previous reports had Chuck Russell directing, the latest news is that Jan de Bont ('Speed') is set to helm Zhang Ziyi's upcoming version of 'Mulan'. The film will star Ziyi as Hua Mulan, a young Chinese woman who joins China’s all-male army in place of her father to help fight the country’s invaders.

CN Entertainment have announced the HK DVD and Blu-ray releases of 'The Jade And The Pearl' for the 16th September, 2010. Directed by Janet Chun ('La Comedie Humaine'), the film is an extravagant fairy tale about destiny and true love transcending social boundaries.

Now that he is done with 'Shock Labyrinth 3D', director Taskashi Shimizu ('Ju-On') has started work on another 3D endeavour entitled 'Rabbit Horror 3D'. The film will star Hikari Mitsushima ('Death Note') as a girl searching for her younger brother who was dragged into an alternate world by a stuffed rabbit.

CN Entertainment have announced the HK DVD and Blu-Ray releases of 'Break-Up Club' for the 10th September, 2010. Directed by Barbara Wong, the film explores an on-and-off relationship with sharp observations about Hong Kong's 20-somethings and a light dash of magical realism.

The VIZ cinema in San Francisco has announced an intriguing new line-up of films and premiere events set to take place throughout the month of September. These include a special screening of Satoshi Kon’s 'Paprika', the 9/11 Truth Film Festival and the 2010 J-Pop Summit Festival.

Yuen Woo Ping's latest martial arts epic 'True Legend' will be arriving in UK cinemas on the 24th September, 2010. The film tells the tale of the legendary Su Qi-Er (Beggar Su), and boasts an all-star cast that includes Chiu Man Cheuk, Zhou Xun, Gordon Liu, Michelle Yeoh, Andy On, Jay Chou and David Carradine.