According to a report by Beijing Youth Daily, producer Bill Kong has already given up the idea of making a prequel to "Crouching Tiger, Hidden Dragon", Ang Lee's worldwide smash hit fantasy epic.

Kong spent the past few months talking to several Hollywood studios, including Sony Pictures the co-financer of the original film, and failed to bring any one of them into the prequel project.

The prequel would tell the story of the early years of Li Mu Bai and Yui Hsui Lien, played by Chow Yun-Fat and Michelle Yeoh in Crouching Tiger, Hidden Dragon. Zhang Ziyi's character would not be in the prequel and some say this was probably the major factor kept Hollywood studios away from the project.

Thanks to 'Antoine'.