After a discussion with his lawyer, Mike decided to file for bankruptcy, considering that this was the best decision for his family and himself. Wanting to protect his family, Mike hoped to minimize the extent of damage. Flora understood the entire situation and supported Mike’s decision.
A Personal Decision That Has Nothing to Do With Flora Chan
As a responsible person, Mike Chung felt there was no need to conceal his bankruptcy petition and deceive people. Indicating that unfortunate businessmen filed for bankruptcy for their own reasons in Hong Kong on a daily basis, Mike indicated that [his own situation] was not worthy of outside attention. Since Mike was Flora Chan’s husband, he also became a public figure. Due to the personal nature of the matter, Mike did not intend to reveal further details. Mike emphasized that the bankruptcy situation involved his company and did not implicate Flora Chan. Mike replied to the press’ questions to prevent unsubstantiated speculation, which may vilify his reputation further.
Aside from being Flora’s manager, Mike Chung was the owner of a marketing company. He acknowledged that in recent years, the company was not functioning smoothly, with some projects resulting in disputes. Since the company was not a limited company, Mike had to bear personal financial responsibility. Filing for bankruptcy, Mike hoped to veer the situation in the right direction.
Independent Finances
Mike revealed that Flora Chan possessed her own company. Thus, his bankruptcy filing will not affect her career and company. Flora has been very supportive of Mike’s situation. The bankruptcy filing did not affect his family’s life. Flora has been semi-retired in recent years. If she were to come across suitable work, she will consider it. Flora prioritized her daughter’s future development and how to provide a warm family life for her.
Flora Chan’s Two Marriages
Raised and educated in the United States, Flora Chan pursued her career in Hong Kong. The intelligent beauty left a deep impression with the audience. In 2000, Flora ended her 6-year marriage with her first husband, Chung Wai Ming (鍾偉明). At the helm of her TVB career, Flora was romantically linked with Moses Chan (陳豪), Bowie Lam (林保怡), Joe Ma (馬德鐘) and Producer Gary Tang (鄧特希). In 2002, Flora Chan won the TV Queen Award for her performance in Family Man "絕世好爸".
In 2003, Mike Chung became the most important man in Flora’s life. In 2006, Flora and Mike got married. After the birth of their daughter, Flora focused on child care while placing her work as a lower priority.
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