EXHIBIT 8.1

LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2005



|                                                                                    |  |                                                                                 
|----------------------------------------------------------------------------------- |  | --------------------------------------------------------------------------------
|Subsidiary Name (1)                                                                 |  | Jurisdiction of Incorporation                                                   
|Apex Victory Limited                                                                |  | British Virgin Islands                                                          
|                                                                                    | 
|The Cable Leasing Partnership                                                       |  | Hong Kong                                                                       
|                                                                                    | 
|Cable Network Communications Limited                                                |  | Hong Kong                                                                       
|                                                                                    | 
|Hong Kong Cable Enterprises Limited                                                 |  | Hong Kong                                                                       
|                                                                                    | 
|Hong Kong Cable News Express Limited                                                |  | Hong Kong                                                                       
|                                                                                    | 
|Hong Kong Cable Television Limited                                                  |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE China Limited                                                               |  | British Virgin Islands                                                          
|                                                                                    | 
|i-CABLE Enterprises Limited                                                         |  | British Virgin Islands                                                          
|                                                                                    | 
|i-CABLE Entertainment Limited                                                       |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE Media Limited                                                               |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE Network Limited                                                             |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE News Limited                                                                |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE Satellite Television Limited                                                |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE Sports Limited                                                              |  | Hong Kong                                                                       
|                                                                                    | 
|i-CABLE Ventures Limited                                                            |  | British Virgin Islands                                                          
|                                                                                    | 
|i-CABLE WebServe Limited                                                            |  | Hong Kong                                                                       
|                                                                                    | 
|Maspon Company Limited                                                              |  | Hong Kong                                                                       
|                                                                                    | 
|The Network Leasing Partnership                                                     |  | Hong Kong                                                                       
|                                                                                    | 
|Rediffusion Engineering Limited                                                     |  | Hong Kong                                                                       
|                                                                                    | 
|Rediffusion (Hong Kong) Limited                                                     |  | Hong Kong                                                                       
|                                                                                    | 
|Rediffusion Satellite Services Limited                                              |  | Hong Kong                                                                       
|                                                                                    | 
|Riddlewood Company Limited                                                          |  | Hong Kong                                                                       
|                                                                                    | 
|Sundream Motion Pictures Limited                                                    |  | Hong Kong                                                                       
|                                                                                    | 
|Guangzhou Kuan Xun Customer Services Company Limited                                |  | Peoples Republic of China (English translation/transliteration of
Chinese name)
|                                                                                    | 
|Guangzhou Dong Liang Cai Movie & Television Technology Consultation Company Limited |  | Peoples Republic of China (English translation/transliteration of
Chinese name)

---

|(1) | All subsidiaries do business under their legal name.
|--- | ----------------------------------------------------



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LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2005



|                                                                                                                                           |  |                                                                                 
|------------------------------------------------------------------------------------------------------------------------------------------ |  | --------------------------------------------------------------------------------
|Subsidiary Name(1)                                                                                                                         |  | Jurisdiction of Incorporation                                                   
|Apex Victory Limited                                                                                                                       |  | British Virgin Islands                                                          
|                                                                                                                                           | 
|The Cable Leasing Partnership                                                                                                              |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Cable Network Communications Limited                                                                                                       |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Hong Kong Cable Enterprises Limited                                                                                                        |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Hong Kong Cable News Express Limited (formerly New Television and Film International Limited; changed to current name on February 8,
2005) |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Hong Kong Cable Television Limited                                                                                                         |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE China Limited                                                                                                                      |  | British Virgin Islands                                                          
|                                                                                                                                           | 
|i-CABLE Enterprises Limited                                                                                                                |  | British Virgin Islands                                                          
|                                                                                                                                           | 
|i-CABLE Entertainment Limited (commenced business operation on August 12, 2005)                                                            |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE Media Limited (commenced business operation on August 12, 2005)                                                                    |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE Network Limited                                                                                                                    |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE News Limited (commenced business operation on August 12, 2005)                                                                     |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE Satellite Television Limited                                                                                                       |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE Sports Limited (commenced business operation on August 12, 2005)                                                                   |  | Hong Kong                                                                       
|                                                                                                                                           | 
|i-CABLE Ventures Limited                                                                                                                   |  | British Virgin Islands                                                          
|                                                                                                                                           | 
|i-CABLE WebServe Limited                                                                                                                   |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Kreuger Assets Limited (dissolved on December 16, 2005)                                                                                    |  | British Virgin Islands                                                          
|                                                                                                                                           | 
|Maspon Company Limited                                                                                                                     |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Moscan Assets Limited (dissolved on December 16, 2005)                                                                                     |  | British Virgin Islands                                                          
|                                                                                                                                           | 
|The Network Leasing Partnership                                                                                                            |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Rediffusion Engineering Limited                                                                                                            |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Rediffusion (Hong Kong) Limited                                                                                                            |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Rediffusion Satellite Services Limited                                                                                                     |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Riddlewood Company Limited                                                                                                                 |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Sundream Motion Pictures Limited (formerly i-CABLE Cineplex Limited; changed to current name on March 14, 2005)                            |  | Hong Kong                                                                       
|                                                                                                                                           | 
|Guangzhou Kuan Xun Customer Services Company Limited                                                                                       |  | Peoples Republic of China (English translation/transliteration of Chinese name)
|                                                                                                                                           | 
|Guangzhou Dong Liang Cai Movie & Television Technology Consultation Company Limited                                                        |  | Peoples Republic of China (English translation/transliteration of
Chinese name)

---

|(1) | All subsidiaries do business under their legal name.
|--- | ----------------------------------------------------



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