Wong Kar-wai's 'Grandmaster' hopes for Oscar nod

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Hong Kong filmmaker Wong Kar-wai's new film "The Grandmaster" has been submitted for nomination to the 86th Academy Awards.

The film hopes to achieve a nomination in the Best Foreign Language Film category.

"The Grandmaster" tells the life story of Wing Chun master Ip Man who also instructed Bruce Lee.

The film stars Tony Leung, Zhang Ziyi, and Chang Chen all who spent years studying kung fu in preparation for the film.

The film has received mostly positive reviews and has been successful with audiences both in China and the world.

The 86th Academy Awards will take place in Los Angeles next year in March.

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