Jurassic Park killed the HK film industry??

[Iron_Leopard]

I had no idea that was the turning point. Makes sense I guess.

"Unfortunately, the situation could not last. The turning point was 1993 when Jurassic Park stomped into view and topped the Hong Kong box office. The same year, Taiwan, long the most lucrative overseas market, saw the introduction of cable and satellite television, enticing viewers to stay at home rather than visit the cinema."

"Since the 1980s the international market had come to represent more than half of Hollywood’s theatrical revenues. With its huge population and increasingly prosperous consumers, East Asia was a prime target for further expansion. The success of Jurassic Park was followed by The Fugitive (1993), Speed (1994) and True Lies (1994). Simultaneously, American studios began investing in cinemas in Japan and other major markets, helping them to push their product more aggressively. Hong Kong itself was not immune to this thirst for US blockbusters, which continued to gobble up more and more of the box office."

https://amp.scmp.com/magazines/style/celebrity/article/3081457/how-did-hong-kong-film-industry-get-so-big-and-why-did-it