Internal Affairs director Andrew Lau has licensed the North American film rights for Teddy Boy, a Chinese comic book by Hong Kong artist Kai-Ming Man and inked by Yu-Kwok Lun, according to Deadline.
Lau previously adapted Teddy Boy in the 90s as his Young and Dangerous films, though now Lau has teamed with Pulse Films to acquire the rights to produce a new adaptation for North American markets. It's unclear if the new films will move the story, which follows the rise of a young man through the Hong Kong criminal underworld, out of its original setting.
Teddy Boy began in 1992, and is still being published, making it one of the longest-running current Chinese comic books. No projected release date for the film was reported.