The developers of True Crime: Hong Kong, United Front Games, have issued a statement regarding the game's cancellation. Here's the full, brief, statement from United Front's website.
"We are sorry we did not get a chance to complete this project with Activision, but we understand why. We are both committed to doing quality games and nothing less. Maybe we will have a chance to work together in the future, but in the meantime we are setting our creative sights on a different horizon"
I'm personally very bummed that it looks like this game won't see the light of day. Judging from the details we had on the game, it sounds pretty amazing... I guess we'll never really know what went wrong with the development of this title -- was the decision to cancel it a creative decision or simply a business choice -- but check out the video below. In it, True Crime: Hong Kong developer Jeff O'Donnell discusses the project, and his passion is obvious. It must be absolutely heartbreaking to have a game canceled, don't you think?