Claim: Deacon Chiu rose to fame when he bought the Hong Kong Television (the first television station in Hong Kong) and later renamed it as Asia Television which he eventually sold in 1989,
Evidence: Deacon Chiu Te-ken, JP (Chinese: 邱德根; 1 May 1924 – 17 March 2015) was a Hong Kong entrepreneur. In 1982, he rose to fame when he bought the Rediffusion Television and renamed it Asia Television (ATV), which he sold in 1989. Asia Television Limited (Chinese: 亞洲電視有限公司, also known as ATV) is a digital media and broadcasting company in Hong Kong. Established as the first television service in Hong Kong as Rediffusion Television (Chinese: 麗的電視/麗的呼聲) on 29 May 1957, it shifted to terrestrial television on 30 November 1973, and was renamed Asia Television on 24 September 1982.