Stephen Chow’s Ex-Girlfriend Reveals Why They Never Got Married After Dating For 13 Years

Acclaimed Hongkong director Stephen Chow is currently embroiled in a dramatic financial lawsuit in which his ex-girlfriend, socialite and construction heiress Alice Yu, is claiming that he owes her HK$70mil (S$12.1mil) in commission fees from his property investment profits.

The first hearing was held on Wednesday (Nov 18), during which Stephen’s attorney argued that the star’s offer to give Alice a portion of his investment profits is not legally binding as it was simply a case of lovers whispering sweet nothings to one another. The trial continued yesterday (Nov 19), with Alice personally showing up to tell her side of the story.

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Alice was surrounded by photographers as she left the courthouse (Photo: HK01)

According to Alice, she started to help Stephen manage his finances and give him investment advice in 1997, which is the year they started dating. She added that she did this out of goodwill as his romantic partner and did not expect to be remunerated until April 2002, when they decided to officially sign a financial consulting agreement.
Alice revealed that the contract stated that she would be paid HK$20,000 (about S$3,470) a month, but they both supposedly agreed that this amount was too low and that she should also receive a percentage of the investment profits. However, Stephen asked Alice to start doing the job first without confirming the actual dividend rate.
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Probably was a bad idea to agree to that (Photo: HK01)

It wasn’t until Christmas 2002 when Alice first proposed that she should get a 10 per cent cut. This was thanks to an earlier conversation she had with her older brother, who asked why she spent so much time and energy helping Stephen, and whether the then-couple was planning to get married.
Alice told her brother that she thinks Stephen doesn’t believe in marriage and clarified that she isn’t actually working for him for free as she would be receiving investment dividends. She recalled this discussion when Stephen said he wanted to get her a bicycle for Christmas, to which she responded: “I don’t want a bicycle. I want 10 per cent of the profits.” Stephen allegedly agreed to this.
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Again, it’s all a matter of ‘he said, she said’

They continued to talk about this through calls and text messages, but since it was such a long time ago, they have both changed their phones and are unable to provide any proof of these conversations. Alice also emphasised that she did not ask for a cut as a way to push Stephen to propose to her since she understood that he did not want to get married at all anyway. They ended their relationship in 2010.
The part where Stephen made that promise to give Alice 10 per cent of his profits during a romantic conversation while overlooking the Victoria Harbour view was brought up on day three of the trial today (Nov 20), and here’s the kicker: Alice claims that that never happened to her, so “maybe it was another woman”.
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Awkward

Photos: HK01, PBE Media