Though writer-director Yim Ho (Homecoming) disowned this film after producer Tsui Hark took over the direction, it is still one of the most interesting and original Hong Kong pictures I’ve seen. Adapted from two different novels called King of Chess, by Chung Ah Shing and Cheung Hay Kwok, the story alternates between a rather bitter satire of capitalism centered on the Taipei TV industry and an equally critical look at the Cultural Revolution on the mainland many years earlier. Both stories involve the exploitation of chess masters–a boy with psychic powers in the Taiwanese story, a poor man in the mainland flashbacks–and they are connected in terms of plot by the memories a character from Hong Kong in the Taipei story has about visiting a cousin in a reeducation camp. The powerful and talented Yim directed the mainland sections with a highly emotional lyricism that reminds me at times of Bertolucci; the slicker and more action-oriented Tsui handled the brittle Taipei sections. The results may not be what Yim wanted, but it’s still a singular and fascinating work, with a great deal of intelligence and feeling (1991). (Univ. of Chicago, 1212 E. 59th St., Sunday, March 15, 6:00, 702-8575; also Film Center, Art Institute, Columbus Drive at Jackson, Thursday, March 19, 6:00, 443-3737)