Claim: Deacon Chiu rose to fame when he bought the Rediffusion Television (the first television station in Hong Kong) and later renamed it as Asia Television which he eventually sold in 1989,
Evidence: In 1982, he rose to fame when he bought the Rediffusion Television and renamed it Asia Television (ATV), which he sold in 1989. Rediffusion Television (RTV) was the first television station in Hong Kong, making it both the first British colony and the first predominantly ethnically Chinese city to have television.