The Oscars of Asia, the Golden Horse Film Festival and Awards celebrate the best in Taiwanese and Asian cinema. The 49th edition of the event was held on November 24 at the Cultural Affairs Bureau Yilan County, Taiwan. Mainland China and Hong Kong did especially well at this year's ceremony: Chinese director Gao Qunshu's Beijing Blues won Best Feature Film and also picked up the prizes for Best Cinematography and Best Film Editing. Life Without Principle, a modern morality tale that weaves three stories about money-hunting Hong Kong people against the backdrop of an unstable global economy, won a trio of major awards. Hong Kong's Johnnie To took home the Best Director award and Hong Kong's Sean Lau won Best Leading Actor; the film also won the Best Original Screenplay, from Hong Kong's Milkywa Creative Team. Taiwan's Gwei Lun-mei won the Best Actress award for her performance in Girlfriend Boyfriend.
As the major sponsor of the event, Moët & Chandon champagne provided the drinks for the evening, ensuring that everyone was kept in the right party mood.
Among the guests attending were Jackie Chan, Andy Lau, Nicholas Tse, Li Bingbing, Angelababy, Rufus Parkinson, Ko Chen-tung, Leung Zing, Ronald Cheng, Deanie Ip and Sandrine Pinna.