Pegasus chairman and Ip Man 3 producer Raymond Wong stated to THR: Producer Raymond Wong and writer Edmond Wong are also back for this third and possibly, but not likely, last movie. Wilson Yip, who directed Ip Man and Ip Man 2, returns to helm this latest installment in the popular international action franchise. Ip Man 3 begins shooting today in Shanghia, China on a reported budget of $36 million. If that wasn't cool and/or weird enough for you, the filmmakers also plan to utilize a CG version of Bruce Lee as opposed to having an actor portray the Kung Fu legend. Former heavyweight boxer Mike Tyson is coming aboard, and will fight the legendary Donnie Yen, who reprises his role as the title character. Ip Man 3 just introduced two interesting additions to its cast. Mike Tyson will fight the legendary Donnie Yen in Ip Man 3, which is using a CG Bruce Lee instead of an actor.
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